South Korea – Vehicle Maintenance, Repairs, and Breakdown Recovery

Regular Vehicle Inspection Rules in South Korea In South Korea, all vehicles are required to undergo a regular vehicle inspection, known as the Motor Vehicle Inspection. The frequency of the inspection depends on the age of the vehicle and its intended use. Private vehicles must be inspected every two years, while commercial vehicles must be … Read more

South Korea – Taxation

South Korea is a country located in East Asia that is known for its rapid economic growth and technological advancements. The South Korean taxation system is designed to support economic growth by offering a range of tax incentives and exemptions. In this article, we will discuss how taxation works in South Korea, double taxation agreements, … Read more

South Korea – Self-Employment

South Korea is a popular destination for expats looking to start their own business or become self-employed. With its vibrant economy, highly skilled workforce, and advanced technology infrastructure, South Korea offers many opportunities for entrepreneurs. In this article, we will explore how self-employment and start-ups work for expats in South Korea, including a step-by-step guide … Read more

South Korea – Retail and Consumer Issues

South Korea is a country located in East Asia, known for its technological advancements, delicious food, and unique culture. It is also home to a thriving retail industry, with numerous shopping centers, supermarkets, and local markets catering to consumers’ needs. In this article, we will discuss some of the most common retail and consumer issues … Read more

South Korea – Residency

Types of Residency in South Korea South Korea offers several types of residency for foreign nationals who want to live and work in the country. The different types of residency have different requirements and conditions. Short-Term Stay Visa This visa is for foreign nationals who want to stay in South Korea for up to 90 … Read more

South Korea – Property Rental Prices

Typical Rental Prices in Expat-Friendly Areas of South Korea South Korea is an attractive destination for expatriates due to its unique blend of tradition and modernity, as well as its thriving job market. Rental prices in South Korea can vary significantly based on the city, neighborhood, and type of housing. Here’s an overview of typical … Read more

South Korea – Rail Travel

South Korea is a modern country with an extensive and efficient public transportation system, including buses, trains, and subways. In this article, we will focus on rail travel in South Korea, including its bus services. Overall Standard of Buses in South Korea The overall standard of buses in South Korea is very high, with clean, … Read more

South Korea – Property Taxes

Typical Taxes and Fees When buying or selling a house in South Korea, you will incur several taxes and fees. These may include: Acquisition tax: This is a tax on the purchase price of the property and ranges from 0.6% to 4.6%. Registration tax: This tax is paid when registering the property transfer with the … Read more

South Korea – Property Letting

Understanding the Letting Process in South Korea Letting a property in South Korea involves a series of steps and considerations, including generating rental income, adhering to rules and regulations, drafting rental contracts, determining rental rates, managing furnishings, engaging real estate agents, handling security deposits, performing property maintenance, cleaning, and understanding the requirements for obtaining a … Read more