7 Best Places to Retire and Live in South Korea: 2023

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South Korea is one of the most popular destinations for retirees, not only because it’s beautiful and affordable but also because it has many cultural and social activities to explore. If you’re thinking about retiring in South Korea, there are plenty of reasons why this would be a good choice. Here are the seven best places to retire and live in South Korea:

Why retire in South Korea?

The country has a strong economy, and you’ll find plenty of opportunities for work. English is widely spoken, and many companies have an international presence, so it’s easy to find a job that suits your skills.

The cost of living in South Korea is low, especially when compared to other developed countries. You can live comfortably on a budget of $1000 USD per month if you’re willing to share an apartment and cook at home. If you want to be more comfortable, plan for around $1500 USD per month.

  • South Korea is a popular retirement destination.
  • The country has a high standard of living, with food, healthcare, and culture all on par with other developed nations.
  • It’s also safe to live in South Korea as crime rates are low compared to other countries in the region.
  • Healthcare is excellent, too – you can expect good quality treatment at reasonable rates and access to doctors who speak English or Japanese (or both).

7 Best Places to Retire and Live in South Korea

1. Gyeongju

Gyeongju is a great place to retire in South Korea, and it’s home to some of the most beautiful temples in all of Korea. The city was once a capital city during Korean history, so there are plenty of artifacts from this time period remaining on display throughout town. You can also visit one of these temples on your own if you’re interested in learning more about its history or culture.

Why retire in Gyeongju?

In addition to being such an aesthetically pleasing city, Gyeongju offers its residents many amenities that make life easier for those who decide to move here after retirement—such as easy access by public transportation (you’ll be able to take buses within walking distance), grocery stores nearby, so you don’t have far-away trips back home when running low on supplies mid-weekend; even air conditioning units installed inside apartments!

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2. Jeju City

Jeju City is the southernmost island in South Korea and one of the most popular tourist destinations in all of Asia. The city has a population of over 1 million people, making it one of the largest metropolitan areas on the Korean peninsula. This makes it an ideal place to retire if you want to enjoy both large urban life and nature at your doorstep.

Jeju has also been named “The Most Beautiful Island in Asia” by CNN Travel, so there’s no doubt about why this island has become so popular with tourists from around the world over recent years. It’s hard not to be impressed by its beauty as soon as you arrive at its airport!

Why retire in Jeju City?

There are many things that make Jeju City such an attractive retirement destination including hiking trails through forests full of pine trees; surfing off gorgeous beaches; snorkeling along coral reefs; visiting volcanic peaks called “Yeongdong,” which offer stunning views across oceans, even from high up above sea level (about 3 miles); visiting historical sites like Haeinsa Temple built during Goryeo Dynasty (918-1392), Seogwipo World Marine Park built during Joseon Dynasty (1392-1910), Gwacheon Castle built during Goryeo Dynasty (918-1392), etc.

3. Busan

Busan is a beautiful city on the south coast of Korea. It’s popular with tourists, and it has a lot of culture and history to offer. The city was founded by the Silla Kingdom in BCE 668, making it one of Korea’s oldest cities. Busan also has one of its largest populations—over five million people live there!

The city’s economy is strong as well: It is home to some of South Korea’s largest companies, including Samsung Electronics Co., LG Electronics Inc., Hyundai Motor Group, and Lotte Chemical Co., among others.

Why retire in Busan?

Busan has a lot of attractions to offer, including many beaches. It’s also home to various historical sites, like Beomeo Temple and Dongnae Palace. Busan is known for its food, too—you can try dishes like hoe (raw fish) and bulgogi (thinly sliced beef marinated in soy sauce).

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4. Daegu

Daegu is home to many beautiful parks and gardens, including the Daegu Botanical Garden and Gyeongbokgung. It also has a number of museums like the Daegu Art Museum, National Museum of Korea, and the Korean Folk Culture Center.

Why retire in Daegu?

  • Daegu is a city in the south of South Korea, known for its hot springs and beautiful river.
  • Daegu has a lot to offer if you are into sports, as it has many golf courses and other sporting facilities.
  • Why retire in Daegu? Because there’s no better place than this!

The city is also known for its shopping and entertainment centers, for example, the Seo-gu Central Market and Duryu Park. Furthermore, Daegu has many dining options, from street food to fine dining restaurants.

5. Jeonju

Jeonju is a city in South Korea and the capital of the North Jeolla Province. It has a population of around 600,000 people and is located in the South-West region of South Korea. Jeonju’s economy is largely agricultural, with many farmers producing rice paddies on stilts above ponds or lakes. It also boasts some of Korea’s largest factories, including the Hyundai Motor Company headquarters complex located here with more than 250 buildings covering over 8 million square feet, making it one of Asia’s largest industrial complexes outside China.

Why retire in Jeonju?

The city is famous for its food and cultural heritage, which include:

  • The traditional Korean tea ceremony (cha-no-yu)
  • Bamboo groves, orchards, and chestnut trees line its streets

6. Seoraksan National Park

Seoraksan National Park is one of the most popular national parks in South Korea, and for a good reason. It’s located about an hour and a half from Seoul, so you can get there easily on public transportation. The park has many hiking trails along its ridges and valleys that will take you to amazing views of nature with no crowds or traffic to deal with! There are also temples, Buddhist sites, hot springs, and even a historic castle where visitors can stay overnight if they wish (it’s not included in your admission fee).

Why retire in Seoraksan National Park?

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The park offers many different types of accommodation options: hotels, homestays, and guesthouses, all located near hiking trails, so you will never have trouble finding something suitable for yourself or your loved ones! If your aim is simply relaxing after work, then I recommend staying at one of their beautiful mountain resorts such as Jungmun Resort & Spa, which boasts panoramic views over Mt. Seorak-san but also provides modern amenities like spa treatments available at any time.

7. Andong

Andong is a city in Gyeongsangbuk-do, South Korea. It is famous for its traditional culture, especially for its cuisine and folk art. It is home to many historical sites and monuments. Andong is a lovely city with plenty of things to do and see.

Why retire in Andong?

The beautiful nature surrounding this city offers you an opportunity to slow down while enjoying your retirement years with family members or friends nearby! You can visit the beautiful stream called Haeinsa, one of the most important temples in Korea. It was built in 802 and has been restored many times since then.

South Korea is a great place to retire.

Retiring in South Korea has its share of challenges, but it also has many perks. There are some truly beautiful places to live there!

  • Seoul: The capital city is home to one of the most vibrant and diverse cultures on earth. You can easily find yourself surrounded by people from all over the world, which makes it an excellent place for those who want to experience different cultures and lifestyles.
  • Pyeongchang: This ski resort town is located south of Seoul near Gangwon-do province, so if you like skiing or snowboarding, then this might be ideal for you as well! It has plenty of activities available year such as hiking trails through mountain valleys full of pine trees (which are great for Christmas decorations).


We hope you have enjoyed reading about these cities and hopefully learned some more about what makes them so special. If you are interested in retiring here, please check out our website for more information on where to retire in Mexico! We hope this article has given you insight into why it is such an amazing place to retire.