Where should I setup a bank account in Jeju Island?
We asked expats in Jeju Island what banks they use and there advice about banking. They advised...
"Expats considering retirement in Jeju Island, should be aware of several important factors. Firstly, they should understand the cost of living, which can be higher than in other parts of Korea due to the island's popularity as a tourist destination. They should also be aware of the visa requirements for long-term stays in Korea, which may include proving a certain level of income or savings. Language can be a barrier, as English is not widely spoken outside of tourist areas and younger generations. Therefore, learning some basic Korean would be beneficial. Healthcare in Korea is of a high standard, but expats should ensure they have adequate health insurance to cover any medical costs. The climate on Jeju Island is milder than the mainland, with warmer winters and cooler summers, which may be a consideration for those with health concerns. The island is also known for its natural beauty, with many outdoor activities available, but it is less bustling than cities like Seoul or Busan. Housing can be a challenge to secure, especially in popular areas, so it's recommended to start the search well in advance. Expats should also be aware of the cultural differences and local customs to integrate smoothly into the community. Lastly, while Jeju Island has a lower crime rate than other parts of Korea, it's still important to take standard safety precautions. It's also worth noting that the island can be prone to typhoons in the late summer and early autumn," said another expat in Jeju Island, Korea.
Other Questions:
- What do I need to know before retiring in Jeju Island?
- What do I need to know before moving to Jeju Island?
- How do I find a place to live in Jeju Island?
- What is a typical expat home or apartment like in Jeju Island?
- What is the average cost of housing in Jeju Island?
- How do I meet people in Jeju Island?
- What should I pack when moving to Jeju Island?
- Where should I setup a bank account in Jeju Island?
- Will I be able to find a job in Jeju Island?
- What is life like in Jeju Island?
- What do people like (and dislike) about Jeju Island?
- What type of social life can someone expect in Jeju Island?
- What is the social scene like in Jeju Island?
- What advice to expats in Jeju Island have about housing?
- What are medical services in Jeju Island like?
- Are healthcare and health insurance expensive in Jeju Island?
- Is the cost of living in Jeju Island high?
- What are the visa & residency requirements in Jeju Island?
- Why do people move to Jeju Island?
Where should I setup a bank account in Jeju Island?
If you live in Jeju Island, newcomers to Jeju Island would love to hear your answer to this question.