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Yongin, Korea | Where should I setup a bank account in Yongin? | Expat Exchange
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Where should I setup a bank account in Yongin?

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We asked expats in Yongin what banks they use and there advice about banking. They advised...

"Expats considering retirement in Yongin 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 it's advisable to have additional private health insurance. The quality of healthcare is generally high, with many doctors speaking English. The climate in Yongin is temperate, with four distinct seasons, including a hot, humid summer and a cold winter. Korean cuisine is a major part of the culture and is typically spicy. Western food is available but can be expensive. Public transportation in Yongin is reliable and efficient, with a comprehensive network of buses and trains. However, traffic can be heavy, and driving can be challenging for those not used to Korean road rules. Korea has a low crime rate, but petty crime like pickpocketing can occur, so it's important to stay vigilant. Yongin is home to many cultural and recreational attractions, including Korean Folk Village and Everland, Korea's largest theme park. Lastly, expats should be aware of the cultural norms and etiquette in Korea, such as bowing when greeting and the importance of age hierarchy. It's also important to note that South Korea has mandatory national service, which may apply to expats of Korean descent," mentioned another expat when asked about moving to Yongin, Korea.

Other Questions:

Where should I setup a bank account in Yongin?

If you live in Yongin, newcomers to Yongin would love to hear your answer to this question.


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