North Korea: The Tax-Free Country


North Korea FlagThe Democratic People's Republic of Korea (조선민주주의인민공화국) is also known as Korea is a country that is situated in the East Asian region. People are becoming more and more interested in Northern Korea as well as their way of life. We know incredibly little relating to this country as it is still a secretive country. This is one of the fewest countries where people don’t pay any tax where USA citizens pay up to 40% tax.

Democracy, Capital & Language

It is a free nation that has a unitary One-party republic government.

Pyongyang is the capital of the country. It is considered the largest city in the country.

Korean is the official language here.

Population & Economy

This country and is populated with around 25 million people.

This country’s economy depends on several sectors. Some significant industries are usually geared toward it is domestic assets, and so contain iron along with steel generation, mining, devices, and other large industries. It is a light market that also involves the home-based supply in addition to lacks selection in goods. The growth of GDP is nearly 4%.

The President (Kim Jong-un)

Somehow the president of the country always makes headlines. His life is also secretive and kind of mysterious. His death of birth is still unknown. There aren’t many photos regarding his childhood. He studied in Switzerland, and did not use his real name. It is also said that you can’t make a haircut like the president. It is also said that he learned driving at the age of 3.

Health & Education

The health sectors are not quite good. There are a lot of malnourished people in the country. Even life expectancy is just over 70 years here.

The education sector is getting better though. They claim the literacy rate is 100% here. There are a lot of government-funded schools. Almost all graduates in compulsory Programs do not enroll in university nevertheless begin their very own obligatory government service or maybe proceed to the job in farming or vegetation instead.

Unique facts

• There are limited Haircut styles for any gender.
• They own the largest stadium on earth.
• They have their new different calendar that started only about 100 years ago.
• If someone does not obey a rule of law, his/her next generation could be punished for that.
• Only elite people are allowed to live in the capital.

It isn’t a very good place for travelling due to extreme rules. Less than 10k people visit the country per year. And you have to be very subtle while visiting the country.