What do I need to know before retiring in Korea?

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When we asked people what advice they would give someone preparing to move to Korea, they said...

"Expats should research the cost of living in Korea before retiring there, as it may be higher than they are used to. It is also important to familiarize oneself with the local culture and customs, as well as the language, to ensure a smooth transition. Additionally, expats should research the healthcare system in Korea and consider purchasing health insurance to cover any medical costs. Finally, expats should consider the visa requirements for retirement in Korea, as they may need to apply for a long-term visa," remarked another expat who made the move to Korea.

"Overall, I would say Daejeon is a very liveable city. I think it is important to get involved with the expat community to maximize your quality of life, because Western-style amenities and activities are scant. Also, you have to have "thick skin" because you will be subject to unwanted attention, mostly in the form of stares. You might want to sample some Korean food (if you haven't before) prior to your arrival, since you will be eating it quite a bit here," explained one expat living in Daejeon, Korea.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What do I need to know before retiring in Korea?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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