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Moving to Geoje, Korea | Digital Nomad Exchange
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Moving to Geoje, Korea

By Betsy Burlingame

Last updated on Jul 13, 2024

Summary: Moving to Geoje, Korea? Expats talk about what you need to know before moving to Geoje.

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What do I need to know before moving to Geoje?

When we asked people what advice they would give someone preparing to move to Geoje, they said:

"Geoje is a beautiful island city located in the South Gyeongsang province in South Korea, known for its scenic beauty and shipbuilding industry. Before moving to Geoje, expats should know that the city is a hub for the shipbuilding industry, hosting major companies like Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries. The primary language spoken in Geoje is Korean, so learning the basics of the language would be beneficial, although English is also widely spoken due to the large expat community. The cost of living in Geoje is relatively lower compared to major cities like Seoul or Busan, but it can vary depending on the lifestyle and accommodation choices. Geoje has a well-developed public transportation system, including buses and taxis, but owning a car can be more convenient for getting around the island. The city offers a variety of housing options, from high-rise apartments to detached houses, and the rent can vary depending on the location and size of the property. Geoje has a temperate climate with four distinct seasons, so expats should pack a variety of clothing suitable for different weather conditions. The city offers a range of local and international cuisine, with a particular emphasis on seafood due to its coastal location. Geoje has a good healthcare system with several hospitals and clinics, but expats should ensure they have adequate health insurance coverage. The city is also home to several international schools, making it a suitable place for expats with children. Geoje has a vibrant expat community, with various clubs and organizations that can help newcomers settle in and meet new people. The city is known for its natural beauty, with numerous beaches, parks, and hiking trails, offering plenty of outdoor activities for residents. Despite being a relatively small city, Geoje has a vibrant nightlife with numerous bars, clubs, and restaurants. Lastly, Geoje is a safe city with a low crime rate, but like anywhere else, expats should take basic precautions to ensure their safety," said one expat in Geoje.

How do I find a place to live in Geoje?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Geoje involves several steps. First, you need to determine your budget and the type of accommodation you want. This could range from a small studio apartment to a larger family home. Next, you should research the different neighborhoods in Geoje. Some popular areas include Okpo-dong, known for its expat community and proximity to shipbuilding companies, and Gohyeon-dong, the city center with plenty of shops and restaurants. Once you have an idea of where you'd like to live, you can start looking for available properties. There are several online platforms where you can find listings, such as Craigslist, Airbnb for short-term rentals, and various Facebook groups like "Geoje Foreign Residents Information". You can also use a real estate agent, known as a "budongsan" in Korea. They can help you navigate the local property market, negotiate with landlords, and understand the rental contract, which will likely be in Korean. When you find a place you like, you'll need to pay a deposit, known as "key money", and possibly also a few months' rent in advance. The amount of key money can vary widely, from a few million won to over a hundred million won, depending on the property. Finally, before signing the contract, make sure to check the condition of the property thoroughly. Look for any signs of damage or wear and tear, and ensure all appliances are in working order. Remember, it's important to take your time and not rush the process. Finding the right place to live can greatly enhance your experience in Geoje," explained one expat living in Geoje, Korea.

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What is a typical expat home or apartment like in Geoje?

"A typical expat home or apartment in Geoje is usually modern and well-equipped with all the necessary amenities. These homes are often located in expat-friendly neighborhoods, close to international schools, supermarkets, and recreational facilities. The apartments are usually high-rise, offering stunning views of the city or the sea. They come in various sizes, from one-bedroom units for single expats to larger apartments for families. The interiors are typically designed with a blend of Western and Korean styles. They often feature open-plan living areas, fully equipped kitchens, and modern bathrooms. Some apartments may also include a small balcony or terrace. Most expat homes in Geoje are furnished, with comfortable furniture, home appliances, and sometimes even with housewares like dishes and linens. They often have high-speed internet, air conditioning, and underfloor heating, which is a common feature in Korean homes. In terms of community amenities, many apartment complexes in Geoje offer facilities like gyms, swimming pools, playgrounds, and communal gardens. Some may also have convenience stores, cafes, or restaurants on the premises. Despite being in a foreign country, the expat homes in Geoje are designed to provide a comfortable and convenient living environment. They offer a mix of local culture and familiar Western comforts, making it easier for expats to settle in and feel at home," remarked one expat who made the move to Geoje.

What is the average cost of housing in Geoje?

If you are thinking about moving to Geoje, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Geoje can vary greatly depending on the location and size of the property. For a one-bedroom apartment in the city center, the monthly rent is typically around 500,000 KRW to 700,000 KRW. If you're looking to buy property, the price per square meter in the city center is usually between 10 million KRW to 15 million KRW. However, these prices can fluctuate and may be higher in more desirable areas or for larger, more luxurious properties," commented one expat who made the move to Geoje.

Should I buy or rent a home in Geoje?

If you have not spent a lot of time in Geoje, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Geoje, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Geoje for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could potentially provide a return on investment if property values increase. On the other hand, renting might be a better option if you're not planning to stay in Geoje for a long time. Renting offers more flexibility, as you can move without the hassle of selling a property. It also doesn't require a large upfront cost like a down payment. Financially, you should consider your ability to afford not just the cost of a mortgage or rent, but also property taxes, maintenance costs, and home insurance if you're thinking of buying. If these costs seem too high, renting might be a more affordable option. Lastly, consider the real estate market conditions in Geoje. If it's a seller's market with high property prices, it might be more cost-effective to rent until the market cools down. Conversely, if it's a buyer's market, it could be a great opportunity to invest in a property. In conclusion, the decision to buy or rent a home in Geoje, Korea, should be based on your personal and financial circumstances, as well as the current real estate market conditions. It's always a good idea to consult with a real estate professional or financial advisor before making such a significant decision," said one expat who made the move to Geoje.

What cultural faux pas should I try to avoid making in Geoje?

We asked people in Geoje if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"When visiting Geoje, it's important to respect the local customs and traditions to avoid any cultural faux pas. Avoid using one hand when giving or receiving items, as it's considered rude. Always use both hands or your right hand with your left hand supporting your right wrist. Avoid pointing with your fingers, as it's considered impolite. Instead, use your whole hand to gesture. In Korea, it's considered disrespectful to write a person's name in red ink, as it symbolizes death. When dining, wait for the eldest person to start eating before you begin. It's also considered impolite to leave the table before the eldest person has finished eating. Avoid blowing your nose in public, as it's considered rude. In Korea, shoes are usually removed before entering homes, some traditional restaurants, and other places with tatami or wooden floors. Avoid touching, hugging, or making physical contact with people you are not close with, as Koreans value personal space. It's also important to avoid discussing sensitive topics such as politics, North Korea, and the Korean War. Lastly, remember to bow when greeting someone. The depth of your bow indicates the level of respect you have for the person you are greeting," remarked one expat who made the move to Geoje.

About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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