Where should I setup a bank account in Bundang?

"Expats considering retirement in Bundang should be aware of several key factors. Firstly, they should have a basic understanding of the Korean language as English is not widely spoken, especially among the older generation. They should also be prepared for a high cost of living, particularly in terms of housing and healthcare. Korea has a national healthcare system, but it may not cover all medical needs, so expats should consider getting private health insurance. The quality of healthcare is generally high, with many doctors speaking English. The climate in Bundang is temperate, with four distinct seasons, including a hot, humid summer and a cold winter. Expats should be prepared for this range of weather conditions. Korean cuisine is diverse and can be quite spicy, so expats should be open to trying new foods. There are also western food options available. Bundang is a modern and well-planned city with a good public transportation system, so owning a car is not necessary. It is also known for its safety, cleanliness, and the high quality of its infrastructure. Cultural differences can be significant, so expats should take the time to understand and respect Korean customs and traditions. This includes understanding the importance of age and status in Korean society, and the common practice of removing shoes when entering homes. Finally, expats should be aware that the process of getting a visa and residency permit can be complex and time-consuming, so it's important to start this process well in advance of the planned move," explained one expat living in Bundang, Korea.

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Allianz 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.
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