The real cost of immigrating to South Korea

Understanding South Korea's Immigration Costs

Moving to South Korea requires planning for several types of expenses. These include visa application fees, housing deposits, initial living costs, and ongoing monthly expenses. The total amount depends on your visa category, job field, and lifestyle. Most costs are not one-time payments—you'll need to budget for continuous expenses throughout your stay.

Visa Application and Processing Fees

South Korea charges application fees for most visa types. Tourist visas cost less than work visas. Employment visas, study visas, and long-term residence permits each have different fee structures. These fees are relatively modest compared to other developed countries. However, you may also pay for document translation, notarization, or additional background checks through private services. Some employers or schools may cover visa costs for their sponsored workers or students.

Housing Deposits and Rent

Housing is often the largest expense for new immigrants. South Korea uses a unique deposit system called "jeonse" or "monthly rent" (wolse). With jeonse, you pay a large lump sum upfront as a deposit instead of monthly rent. This can range from moderate to very high depending on location and property type. Monthly rental apartments require smaller deposits plus ongoing payments. Housing costs are significantly higher in Seoul than in other cities. Budget for deposit amounts that can equal several months of your annual salary.

Initial Settlement Costs

Moving to South Korea involves one-time setup expenses:

• Medical exams required for visa approval
• Travel and relocation fees
• Registration fees for alien registration
• Phone and internet setup deposits
• Furniture or household items purchase
• Transportation card and initial travel costs

Monthly Living Expenses

Daily living costs depend on your lifestyle and location. Groceries, utilities, transportation, and dining out all affect your budget. Foreign grocers and imported goods cost significantly more than local products. Healthcare expenses vary—many expats purchase private insurance or use public hospitals. Budget for entertainment, language classes, and social activities.

Planning Your Budget

Before moving, create a detailed budget that includes:

• Total visa and processing costs
• Full housing deposit amount
• Three to six months of living expenses as an emergency fund
• Travel insurance
• Healthcare coverage options
• Career or study costs

Research your specific city and visa category on the official South Korean government immigration website for current fee information and requirements. Contact employers or schools about sponsorship assistance.

This is general self-help information, not legal advice. Always verify current rules on the official government website.