GeoReality
Scenic view of a Seoul bridge crossing the Han River with city skyline in the background.A vibrant view of Seoul's bustling cityscape highlighting modern architecture at sunset.A serene scene of locals enjoying the picturesque traditional pavilion at Namsan Park in Seoul during spring.Springtime cherry blossoms framing the modern skyline of Seoul, South Korea.A stunning view of Seoul's sprawling cityscape with budding spring foliage in the foreground.

South Korea

Asia · Eastern Asia

High PeaceModerate Cost of Living
Very High DevelopmentFull Democracy
Population51.8M29th
GDP / Capita$36KHigh
PPP / Capita$61KHigh
Gender Inequality0.062Very Low
Life Expectancy84 yrsVery High

Tech-forward, blazing internet — intense work culture, excellent food and transit.

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Digital Nomad

Ideal destination

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Expat

Ideal destination

At a Glance

71
HighSafety
48
ModerateCost of Living
75
HighQuality of Life
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South Korea

South Korea is an East Asian country that has built one of the world's most dynamic modern cultures on a foundation of Confucian philosophy, Buddhist heritage, and extraordinarily rapid development. Seoul is a city of remarkable energy, design, and food, while the temple stays, coastal islands, and mountain national parks of the wider country offer a quieter counterbalance. Those who love cities, food, and the particular intensity of Korean creative culture will find it endlessly stimulating.

  • Went from poorer than Ghana in the 1950s to a top-15 global economy in 60 years.
  • Highest plastic surgery rate per capita in the world.
  • Produces more patents per capita than the United States or Japan.
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Quick Facts

Capital

Seoul

Language

Korean

Currency

₩ KRW

Area

97,600 km²

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Nomad Hub

Fixed Broadband

253Mbps

Very Fast18th globally

Mobile

257Mbps

Very Fast6th globally
EnglishModerate
PlugType C/F

💻Digital Nomad Visa

Min. Income

$5,483/mo

Duration

12 months

Renewable

Yes

Application Fee

~€81

~$89

Application difficultyMedium
Tax treatmentLocal rates apply
Processing time~30 days
Health insuranceRequired
DependentsYes
Apply onlineIn person / consulate
Path to residencyNo
Open to all nationalitiesYes
Official page

GDP / Capita

i

$36K

High

PPP / Capita

i

$61K

Very High

Inflation

i

2.3%

Low

Unemployment

i

2.7%

Very Low

Innovation (GII)

i

60.0

Top 25%

GNI / Capita

i

$37K

High

Tax Revenue

i

14.6%

FDI Inflows

i

0.7%

Education Spend

i

5.4%

Cost of Living

i

61.6

Moderate

Price Level Index

i

30th pct

Moderate

20-Year Trend + IMF Forecast

Income & inflation over time

i
+80% nominal+67% real
$26K$53K$80K2%4%200520102015202020252027
GDPPPPInflationIMF forecast
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Neighbouring Countries

North Korea
North Korea