Frequently Asked Questions About Korea

You can fly to South Korea via Korean Air, the national carrier, which operates flights from nearly 150 international destinations in 50 countries. Many other international airlines also offer direct and indirect flights to South Korea.

South Korea is in the GMT +9 time zone. The country does not observe daylight saving time, so the time difference with countries that do may vary throughout the year.

Yes, South Korea is considered one of the safest countries in the world for personal security and travel.

The official currency is the South Korean Won (KRW, ₩). 

Coins are available in 10, 50, and 100 won denominations. 

Banknotes come in 1,000, 5,000, 10,000, and 50,000 won.

As of 2024, the average exchange rate is approximately 1,300-1,400 Korean Won to 1 USD. 

International credit cards are widely accepted throughout South Korea. However, American Express is less commonly accepted than Visa or Mastercard.

For business travelers, it’s recommended to exchange a small amount at the airport and use credit cards for most payments. Tourists can find currency exchange booths in popular areas like Myeongdong and Itaewon.

Short-term visitors over 21 years old can rent and drive a car in South Korea with a valid international driver’s license. Check with your local transportation authority for specific requirements.

You will need to purchase a T-Money card or Cashbee Card for public transportation. These can be bought and recharged (cash only) at subway stations and convenience stores. Single-ride tickets are also available at subway stations.

South Korea offers several types of taxis:

1. Regular taxis (grey or orange): Most drivers may not speak English, so have your destination written in Korean.
2. Deluxe taxis (black with yellow roof sign): More expensive but often with English-speaking drivers.
3. International taxis: Specifically for tourists, with drivers proficient in foreign languages.

You can hail a taxi on the street (look for the illuminated red sign on the windshield) or use apps like k.ride (Android, iOS) or Uber. k.ride is the local equivalent of ride-hailing services.

While Google Maps functions in South Korea, it may not be as up-to-date or reliable as local navigation apps. Consider using Naver Map (Android, iOS) or KakaoMap (Android, iOS), which offer English versions and provide comprehensive navigation including public transport information.

The best times to visit South Korea are from mid-March to June and September to mid-November when the weather is most pleasant.

For a comprehensive list of South Korean holidays and vacation periods, please visit our dedicated page – HERE.

South Korea experiences four distinct seasons:

• Summer (June-August): Hot, humid, and rainy
• Autumn (September-November): Pleasant and cool; ideal for visiting
• Winter (December-mid-March): Cold and dry with bright skies
• Spring (March-May): Warm and pleasant; another great time to visit

For emergencies in foreign languages, dial 112. For Korean speakers, use 119. The Ministry of Tourism also operates a 24/7 support hotline at 1330 for any tourism-related inquiries.

English proficiency varies in South Korea. Younger generations generally have better English skills, but many older Koreans may not speak English fluently. For business meetings, it’s advisable to bring a trusted Korean advisor or translator.

Popular translation apps like Google Translate and Papago are useful. Additionally, the BBB organization offers free translation services in 20 languages via app or phone call. Visit their website for more information.

To greet someone: “안녕하세요” (annyeong-haseyo) – means “Hello,” “Good morning,” or “Good evening”

To thank someone: “감사합니다” (gamsahamnida) – means “Thank you”

Kimchi, a fermented vegetable dish, is considered Korea’s national dish. It’s served at most meals and understanding its significance can be valuable in business conversations

Be prepared to encounter dishes like Bibimbap (mixed rice bowl), Bulgogi (marinated beef), and Samgyeopsal (grilled pork belly). Showing willingness to try local cuisine is often appreciated.

In Korean business dining, wait for the most senior person to start eating. Sharing dishes is common, and it’s polite to pour drinks for others. Avoid sticking chopsticks upright in rice, as this resembles a funeral ritual.

Alcohol, particularly Soju, plays a significant role in business networking. For Koreans, participating in drinking can foster relationships. Always pour drinks for others and receive drinks with both hands.

Traditionally, Koreans used to eat dog stew during the summer. In recent years it’s getting less popular.

While bowing is traditional in Korean society, as a foreigner, you’re not expected to bow. Koreans will happily shake your hand. However, learning to bow can show respect for local customs and traditions.

Present your business card with both hands as a sign of respect. It’s appreciated if you reciprocate this gesture when receiving cards from your Korean counterparts. Take a moment to read the card before carefully putting it away.

Gifts are generally welcome and symbolize the importance of relationships. However, be aware of legal restrictions: public officials, diplomats, and journalists can’t accept meals over 30,000 won (about $27) or gifts over 50,000 won (about $45). Many corporations follow similar policies.

The standard workweek is Monday through Friday, typically from 9 AM to 6 PM.

KakaoTalk is the preferred messaging app in Korea. It’s advisable to download it (available for Android and iOS) for seamless communication with Korean contacts.

Duty-free stores are located in major city centers and at airports. Business travelers can purchase goods in city locations and collect them at the airport before departure, making it convenient for last-minute gift shopping.

Korea’s main export industries include semiconductors, shipbuilding, automobiles and parts, flat screens, and electronics.

he biggest Korean conglomerates include Samsung, SK, Hyundai Motor Group, LG Group, Lotte and Hanwha.

As of 2024, South Korea has several important FTAs, including:

1. ASEAN-Korea FTA (AKFTA)
   • Trade in Goods: Entered into effect in 2007 (2009 for Thailand)
   • Trade in Services: Entered into effect in 2009
   • Investment Agreement: Entered into effect in 2009
2. Korea-U.S. Free Trade Agreement (KORUS FTA)
   • Entered into effect in 2012
3. Korea-EU FTA
   • Entered into effect in 2011
4. Korea-China FTA
   • Entered into effect in 2015
5. Korea-Canada FTA
   • Entered into effect in 2015
6. Korea-Australia FTA
   • Entered into effect in 2014
7. Korea-New Zealand FTA
   • Entered into effect in 2015
8. Korea-Vietnam FTA
   • Entered into effect in 2015
9. Korea-Chile FTA
   • Entered into effect in 2004 (Korea’s first FTA)
10. Korea-Singapore FTA
    • Entered into effect in 2006
11. Korea-India Comprehensive Economic Partnership Agreement (CEPA)
    • Entered into effect in 2010
12. Korea-Peru FTA
    • Entered into effect in 2011
13. Korea-Turkey FTA
    • Entered into effect in 2013
14. Korea-Colombia FTA
    • Entered into effect in 2016
15. Korea-Central America FTA
    • Entered into effect in 2019
16. Korea-UK FTA
    • Entered into effect in 2021
17. Regional Comprehensive Economic Partnership (RCEP)
    • Entered into force in 2022
18. Korea-Israel FTA
    • Entered into force in 2022
19. Korea-Cambodia FTA
    • Entered into force in 2022
20. Korea-Indonesia Comprehensive Economic Partnership Agreement (CEPA)
    • Entered into force in 2023

Yes, South Korea is a member of several important international trade organizations:

1. World Trade Organization (WTO)
   • Member since 1995
2. Asia-Pacific Economic Cooperation (APEC) Forum
   • Member since 1989
3. Organization for Economic Cooperation and Development (OECD)
   • Member since December 1996

North Korea covers about 55% of the Korean peninsula, while South Korea occupies the remaining 45%.

As of 2022, South Korea’s population is approximately 51.7 million, while North Korea’s population is estimated at 26 million.

Seoul City proper has a population of 9.6 million people, while the Seoul metropolitan area is home to about 26 million people.

The most common religions in South Korea are Christianity (about 30%) and Buddhism (approximately 15%). However, the majority of the population identifies as non-religious or atheist.

Yes, there are about 200,000 Muslims in South Korea, with approximately 35,000 being Korean nationals. Most of the Muslim population is concentrated in the Seoul area.

The traditional Korean outfit is called Hanbok.

As of 2023, about 2.5 million foreigners reside in South Korea, constituting approximately 5% of the country’s total population.

South Korea’s birth rate is among the lowest in the world. In 2023, the country’s fertility rate dropped to a record low of 0.72 children per woman.

The school year in South Korean schools and universities typically begins on March 1st.

Yes, South Korea has several ski resorts, which are popular winter destinations.

South Korea’s birth rate is among the lowest in the world. In 2023, the country’s fertility rate dropped to a record low of 0.72 children per woman.

South Korea’s birth rate is among the lowest in the world. In 2023, the country’s fertility rate dropped to a record low of 0.72 children per woman.