Haebangchon (Haebang - meaning: freedom or liberation, and Chon - meaning: village) is a district of Yongsan-gu, in Seoul, South Korea. It is one of the oldest neighborhoods in central Seoul, today. It is also known as the neighborhood at the foot of Namsan . The neighborhood's close proximity to Itaewon and the Yongsan Garrison US Army facility has made the area popular for expatriates and for military residents. In recent years, the area has become a haven for people from a variety of English speaking nations. The neighborhood is home to Korean residents, as well as Americans, Canadians, Filipinos, Australians, New Zealanders, Britons, Nigerians, Russians and Ecuadorians who have found their home in the "Freedom Village". Many businesses in HBC are foreign-owned and offer a distinct flavor not found elsewhere in Seoul.