Expatriates in Korea - What to Expect

For those unfamiliar with the term, an expatriateTax System
is a person residing in a different country fromMost taxes in Korea are high; however, for those
where he or she is a citizen. The term is morewho want to become English language consultants
readily referred to skilled professionals sent(i.e English Teachers), a lower tax rate is offered.
abroad to work. This began in 19th century whenThe income tax rate in Korea is actually quite
Americans were drawn to other countries, suchhigh- similar to that which is seen in the west.
as Europe and Asia, to study and share their skills.However, for expatriate English teachers, you can
An expatriate can enjoy a favorable taxexpect an income tax rate of 3% to 10%.
treatment, unlike immigrants, once they've lived inMedical Care
their chosen country for five years minimum.Medical care in South Korea is modern, clean and
Korea is one of the most extraordinary countriesreadily available. Before you and/or your family
in Asia. Though it is not exactly known to be andecide to become expatriates in Korea, make
expatriate haven, it has become famous todaysure the health insurance plan you have issued in
for its attractive culture and local development.your country is also accepted in Korea.
Korea has a strong culture that is relatively similarNonetheless, Korean employers are obligated to
to big countries in terms of climate and style.contribute to your health care, as Korea does
The language barrier, however, was one of thehave a very effective nationalized health-care
most significant reasons why foreigners hesitatesystem. Because of this low-cost, effective
to expatriate to Korea. Fortunately, this an issuesystem, Koreans do not hesitate to go to the
that the nation is attempting to change asdoctor for even minor illnesses.
Koreans are making the efforts to integrate theMedications and health care products are highly
English language into their school curriculum,accessible and cheap. A lot of doctors also speak
making English proficiency mandatory at mostEnglish well so you won't always need to bring a
levels of education.Korean friend with you to interpret during
Why Be an Expatriate In Korea?consultations.
Cost of LivingAdditionally, South Korea is becoming increasingly
Korea is known to have a relatively low cost ofwell known for the amount of plastic surgery that
living, compared to the US and the UK. If you areis done in country. The propensity to achieve
enjoying a salary of $2000 per month, you cancertain features of beauty coupled with the
live comfortably by spending roughly $800 ofsafety and quality of the work has made plastic
your monthly pay. Food and housing expensessurgery extremely common in Korea. In addition,
may be rather high by local standards, dependingthe large number of doctors performing routine
on your location, but transportation and othersurgeries such as Botox injections, liposuction, calf
things are actually very affordable. Additionally, asreductions, and double eyelid surgeries, make the
expatriates, most employers offer housingcost of such procedures comparatively cheaper
arrangements as a subsidy or even free ofthan in the UK and US.
charge.Shopping
ClimateSeveral modern shopping malls and boutique
The climate in Korea is almost similar to countriesshops are available in Korea both for high-end
like Europe, America and Australia. There is reallydesigner retailing or bargain hunting. Koreans are
no need for foreigners from these countries tovery much into brand names and looking
adjust to the weather. It can be warm butfashionable, so you will most likely find familiar
muggy during the summer months of June tointernational names in most malls. If you don't like
September, though. Winter, on the other hand, isto spend much on brands, you will also find local
cold to below the freezing point. The best time tomarkets where you can haggle the prices the fit
visit Korea is during fall when the weather is mildyour budget.
and a little dry.Be aware that finding western sizing in Korea is
Korea has extremes in temperature, to be sureoften an issue for expatriates. Particularly for
to pack practically. If you are planning to live inclothes in larger sizes for both men and women,
the country, pack light shirts and heavy jacketsclothing can be very difficult to find. For plus size
to cope with the temperature disparities. Umbrellaclothing, it his highly recommended to import
and raincoats are also must-haves during theitems from your home country. Research size
peak of the spring time.conversions thoroughly, but know that on
Governmentaverage, Koreans are smaller and shorter than
Korea is politically classified as a Republic. Much ofwesterners, making their clothing similarly difficult
its economic prosperity is because of its stableto size. Also, Korean style of dress differs greatly
and transparent government, which is somewhatin many respects from styles of the west.
influenced by the American style of governanceParticularly for men, it is considered fashionable
to date. The economy is very strong and steady,for men to wear fitted pants and shirts, whereas
making it a good place to open successfulthe western style is seemingly favors a more
businesses with a greater chance of earningrelaxed, looser fitting garments.
significant profits.