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South Korea is one of the Four Asian Tigers known for its advanced and highly developed economy, making it an employment hub for expats and foreigners.. Recent statistics show that the unemployment rate in September 2009 declined to 3.4%, the lowest since December 2008 (3.3). The National Statistical Office (NSO) reported that the boost in employment is credited to the government's job creation efforts in the public sector and the marked recovery...
Any expat in South Korea will find its culture solid and unique but colorful at the same time. This is viewed as a reason for its society’s progress not only as an economy but also as a people that have slowly warmed up to the Western culture.. With manyexpatsmoving to South Koreaeach year, the country has become even more vibrant and less homogeneous, although local traditions remain. The traditional Korean greeting of a bow among men is still common today and is usually done with a handshake that uses both hands. With women, a simple...
Having a baby in South Korea may be a different experience for expat women who have given birth in another country.. But with enough awareness, it will be fairly easy coping with the changes, especially with the country's National Health Insurance Coverage scheme and with the benefits of taking out international health insurance.Taking care of an unborn child in South Korea is a mix of both traditional and modern...
Currency & Currency Restrictions in South KoreaThe official currency of South Korea is the Won. Notes are in circulation are in denominations of KRW 10,000, 5,000 and 1,000 and coins are in denominations of KRW 500, 100, 50 and 10. KRW 1,000 is called Chon Won in Korean (chon means "one thousand"). The import and export of local currency up to KRW 8,000,000 is permitted. The import of foreign currency is unlimited as long as amounts greater than USD $10,000 (including traveler's...
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