South Korea experienced a financially devastating crisis in 1997. However, its economy has been steadily progressing ever since and continues to grow today.
Following the Asian Financial Crisis of ´97, many Westerners fled the area and took with them the important resource of language. Due to the shortage, English-speaking foreigners are highly sought after in every occupational field. Whether you speak English or not, it is to your advantage to have a high school diploma and a college degree in order to heighten your marketability.
South Korea is one of the most technologically advanced and digitally linked countries in the world. As a leading exporter of automobiles, cell phones, and other high-tech devices and a growing competitor in information technology, specialists in these fields are needed in Korea.
Seoul, the capital and largest city in Korea, is the center of everything from economy and politics to culture and international business. Some of the world's largest companies are headquartered in Seoul and its surrounding area.
Aside from its agricultural aspect, most of South Korea's economic activity takes place in the capital city. It is also easier to find jobs as an English tutor/teacher in big cities like Seoul where the pay tends to go up in proportion to the cost of living. For those looking for work outside of Seoul, other metropolitan cities in South Korea include Busan, Daegu, Daejeon, Gwangju, Incheon, and Ulsan.
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