What are some of the best side hustles for South Korea?
by Adam | September 2, 2020
At present, the notion of travelling to South Korea may seem fanciful, especially as the threat of Covid-19 continues to loom large across the globe.
On average, however, around 140,000 Brits make this trip every single year, many of whom look to stay indefinitely as part of a thrilling travel experience.
But how can you look to earn money in South Korea, whether you’re an international traveller or a local resident? Here are some ideas to keep in mind!
There remains a huge demand for teachers in Asia and South Korea, particularly when it comes to helping students learn English as a second language.
This is a great option for international travellers, with English spoken by a whopping 1.132 billion currently across the globe and widely considered to be the world’s most prominent second language.
Even for locals, there’s a growing demand for private tutoring in South Korea, making it relatively easy to identify students who require private lessons and are willing to pay for this service.
If you struggle to find students (and we can’t imagine why you would), feel free to refer to Craigslist or a similar online resource. This is safe, reliable and widely used, while it can unlock potential earnings of between $35 and $50 per hour on average.
Trade Forex Online
Regardless of your nationality and the reason why you’re in South Korea, online forex trading offers access to a potential lucrative revenue stream.
Arguably, forex trading is even more rewarding in Asia, which is home to an extended and high-volume trading session where currencies such as the Chinese yuan, the Japanese yen and the Australian dollar are bought and sold regularly.
Even on a fundamental level, there are plenty of apps and trading platforms that enable you to access the global forex market in real-time, allowing you to create a passive stream of income that can sit comfortably alongside your day job!
Acting and Modelling
This is a particularly viable option for travelers, thanks largely to the surprisingly high levels of demand that exists for foreigners to appear in adverts, television and film.
Interestingly, the barriers to entry that may well preclude you from pursuing these pastimes in your home country simply don’t exist in South Korea. In fact, agencies often post ads asking for the most generic of applicants, using keywords such as ‘female’,’white’ and ‘foreigner’ to pique interest.
Of course, there are exceptions to this rule, but generally activities like acting and modelling are incredibly accessible in South Korea and similar nations.
Interestingly, the same principle applies to voice work, with a huge demand for native-English speakers to work on ads and marketing campaigns.