The traditional Korean housing system, famous for its massive Security Deposit (Bojeunggeum), is often the biggest financial barrier for newcomers. However, professional co-living has emerged as the ultimate "No Key Money" alternative, allowing you to settle into high-quality spaces without tying up your savings. We are here to ensure your move to Korea is defined by excitement, not financial stress.
Quick Summary
Financial Freedom: Replace thousands of dollars in "Key Money" with a small, refundable one-month deposit.
Budget Clarity: Your Monthly Rent (Wolse) covers all Utilities (Gong gwa geum), including electricity, water, gas, and high-speed Wi-Fi.
Admin Peace of Mind: Enkostay partners provide the legally valid lease documents required for your RC (Residence Card/Alien Registration) application.
Why is Professional Co-living better than a Share House?
Unlike basic share houses, professional co-living offers private studios combined with high-end communal amenities and corporate management. While share houses focus on cost-sharing in older units, co-living buildings feature hotel-grade lounges, fitness centers, and dedicated co-working zones. With professional on-site managers handling everything from security to maintenance, it provides a safe, hassle-free environment tailored for international professionals and students.
Can I really get the documents for my Residence Card (RC) through co-living?
Yes, co-living houses booked through Enkostay provide the official lease agreements and proof of residence required by Korean Immigration. Many expats face administrative hurdles because Airbnb or informal sublets cannot issue legally recognized residency certificates. Our partners issue formal Contracts (Gyeyakseo) that guarantee a smooth process for your RC application or visa extension.
Are there hidden costs in "No Deposit" co-living options?
Co-living is designed as an 'all-inclusive' model, meaning your monthly payment covers almost every living expense. In a standard studio rental, you must separately pay and manage bills for electricity, water, gas, and building maintenance. Co-living simplifies this by bundling everything into the Monthly Rent (Wolse), allowing you to manage your budget with 100% transparency from day one.
Quick Korean Dictionary
๋ณด์ฆ๊ธ (Bo-jeung-geum): Security Deposit / Key Money
์์ธ (Wol-se): Monthly Rent
๊ณต๊ณผ๊ธ (Gong-gwa-geum): Utilities (Electricity, Water, Gas)
๊ณ์ฝ์ (Gye-yak-seo): Contract / Lease Agreement
Enkostay: Your Partner in Successful Relocation
We believe your home should be a launchpad for your life in Korea, not a source of worry. By removing the deposit barrier and providing a ready-made community, we help you start your journey with confidence. Enkostay is here to support you at every turn. ๐