I want to change to local carrier sim card when traveling. Do I need to get an unlocked iphone 5?

I live in the US, and want to buy iphone 5. I am having a hard time to figure out which iphone 5 I should get. I will use the phone in the US most of the time. Therefore, I will purchase a plan from a US carrier. I also want to use the phone when traveling in Asia. I don’t want to use international roaming because every time I travel, I need more 1,000 minutes talking on the phone. Do I need to get an unlocked iphone 5? I heard iphone 4S can change sim card at local carrier. Does iphone 5 have the same option?  

"Do I need to get an unlocked iphone 5? "
Yes.
There has been no announcement about the release of an unlocked iphone 5 yet.
"I heard iphone 4S can change sim card at local carrier."
If it is unlocked then it can use other SIM cards.

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