Expat Exchange
Free MembershipSign In

Where should I setup a bank account in Incheon?

Answer this Question

We asked expats in Incheon what banks they use and there advice about banking. They advised...

"Expats considering retirement in Incheon should be aware of several key factors. Firstly, the cost of living can be high, particularly in terms of housing and healthcare. However, public transportation is affordable and efficient, making it easy to navigate the city. Understanding and speaking the Korean language can greatly enhance your experience, as not everyone speaks English. It's also important to note that the culture in Korea is quite different from Western countries, with a strong emphasis on respect for elders and authority figures. Healthcare in Korea is of a high standard, but it can be expensive without insurance. Expats should ensure they have comprehensive health insurance coverage. The climate in Incheon is temperate, with four distinct seasons including a hot, humid summer and a cold winter. Korean cuisine is diverse and delicious, but it can be spicy and may take some getting used to. Western food is available, but it can be more expensive. Incheon is a safe city with a low crime rate, but like any major city, it's advisable to take standard precautions. Finally, it's important to understand the visa requirements for living in Korea. Most foreigners will need a visa to stay in the country long-term, and the process can be complex and time-consuming. It's recommended to start this process well in advance of your planned move," commented one expat who made the move to Incheon, Korea.

Allianz CareAllianz Care
Get Quote

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

Allianz CareAllianz Care

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Get Quote

Other Questions:

Where should I setup a bank account in Incheon?

If you live in Incheon, newcomers to Incheon would love to hear your answer to this question.


Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Contribute to Korea Network Contribute
Help others in Korea by answering questions about the challenges and adventures of living in Korea.

Allianz Care
Allianz Care

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal