Lussi GUM JUM (2022-08-28)
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For those unfamiliar with the term, an expatriate is a person residing in a different country from where he or she is a citizen. The term is more readily referred to skilled professionals sent abroad to work. This began in 19th century when Americans were drawn to other countries, such as Europe and Asia, to study and share their skills. An expatriate can enjoy a favorable tax treatment, unlike immigrants, once they've lived in their chosen country for five years minimum.
Korea is one of the most extraordinary countries in Asia. Though it is not exactly known to be an expatriate haven, it has become famous today for its attractive culture and local development. Korea has a strong culture that is relatively similar to big countries in terms of climate and style.
The language barrier, however, was one of the most significant reasons why foreigners hesitate to expatriate to Korea. Fortunately, this an issue that the nation is attempting to change as Koreans are making the efforts to integrate the English language into their school curriculum, making English proficiency mandatory at most levels of education.
Why Be an Expatriate In Korea?
Cost of Living
Korea is known to have a relatively low cost of living, compared to the US and the UK. If you are enjoying a salary of $2000 per month, you can live comfortably by spending roughly $800 of your monthly pay. Food and housing expenses may be rather high by local standards, depending on your location, but transportation and other things are actually very affordable. Additionally, as expatriates, most employers offer housing arrangements as a subsidy or even free of charge.
Climate
The climate in Korea is almost similar to countries like Europe, America and Australia. There is really no need for foreigners from these countries to adjust to the weather. It can be warm but muggy during the summer months of June to September, though. Winter, on the other hand, is cold to below the freezing point. The best time to visit Korea is during fall when the weather is mild and a little dry.
Korea has extremes in temperature, to be sure to pack practically. If you are planning to live in the country, pack light shirts and heavy jackets to cope with the temperature disparities. Umbrella and raincoats are also must-haves during the peak of the spring time.
Government
Korea is politically classified as a Republic. Much of its economic prosperity is because of its stable and transparent government, which is somewhat influenced by the American style of governance to date. The economy is very strong and steady, making it a good place to open successful businesses with a greater chance of earning significant profits.
Tax System
Most taxes in Korea are high; however, for those who want to become English language consultants (i.e English Teachers), a lower tax rate is offered. The income tax rate in Korea is actually quite high- similar to that which is seen in the west. However, for expatriate English teachers, you can expect an income tax rate of 3% to 10%.
Medical Care
Medical care in South Korea is modern, clean and readily available. Before you and/or your family decide to become expatriates in Korea, make sure the health insurance plan you have issued in your country is also accepted in Korea. Nonetheless, Korean employers are obligated to contribute to your health care, as Korea does have a very effective nationalized health-care system. Because of this low-cost, effective system, Koreans do not hesitate to go to the doctor for even minor illnesses.
Medications and health care products are highly accessible and cheap. A lot of doctors also speak English well so you won't always need to bring a Korean friend with you to interpret during consultations.
Additionally, South Korea is becoming increasingly well known for the amount of plastic surgery that is done in country. The propensity to achieve certain features of beauty coupled with the safety and quality of the work has made plastic surgery extremely common in Korea. In addition, the large number of doctors performing routine surgeries such as Botox injections, liposuction, calf reductions, and double eyelid surgeries, make the cost of such procedures comparatively cheaper than in the UK and US.
Shopping
Several modern shopping malls and boutique shops are available in Korea both for high-end designer retailing or bargain hunting. Koreans are very much into brand names and looking fashionable, so you will most likely find familiar international names in most malls. If you don't like to spend much on brands, you will also find local markets where you can haggle the prices the fit your budget.
Be aware that finding western sizing in Korea is often an issue for expatriates. Particularly for clothes in larger sizes for both men and women, clothing can be very difficult to find. For plus size clothing, it his highly recommended to import items from your home country. Research size conversions thoroughly, but know that on average, Koreans are smaller and shorter than westerners, making their clothing similarly difficult to size. Also, Korean style of dress differs greatly in many respects from styles of the west. Particularly for men, it is considered fashionable for men to wear fitted pants and shirts, whereas the western style is seemingly favors a more relaxed, looser fitting garments.
Versión Informática de Investigación y Docencia - ISSN 1514-2469. Incluida en el Catálogo de Latindex. Licencia
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