외국인투자
Projects subject to foreign investment
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01Projects to attract foreign capital
- Identifying foreign investment opportunities by linking provincial strategic industries with the '5 Mega-regions & 3 Special Autonomies' regional growth engines
- Foreign investment zones (complex or individual) designated or desired for designation
- Gangwon East Coast Free Economic Zone, East Sea Free Trade Zone
- immigrant investor plans for real estate, etc.
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02Private capital investment project within the districts(province, cities, and counties)
- Idle national and public land sites that need development or planned for development
- Agricultural and industrial complexes for sale or under construction
- Projects reflected in regional development plans, mega-regional development plans, etc.
※ Clusters, development promoted districts, abandoned mine areas, new development areas, enterprise cities, specialized complex, innovation valleys, industrial parks, etc.
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03Innovative enterprises (related organizations) in the district that wish to attract investments
- Companies that need to attract financial investments for M&A, technology transfer, R&D investments, and fund investments
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Investor
① Report a foreign investment
(KOTRA, Foreign exchange bank) -
② Transfer investment amount (Foreign exchange bank)
Issuance of a certificate for custody of stock subscription payment (upon registration of incorporation) and foreign exchange certificate (upon registration of investment company) -
③ Registration of incorporation
(Court registry office) -
④ Report of incorporation and registration of business
(Tax office where the head office is located) -
⑤ Transfer of prepaid capital to the company's bank account
(Foreign exchange bank) -
⑥ egistration of foreign investment company
(Agency initially reported)
Incentives
Foreign Investment Zones| Item | Complex type | Individual type |
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| Overview |
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| Occupanccy qualifications |
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| Current status |
Munmak Foreign Investment (December 9, 2013)
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LEGOLAND (April 29, 2014)
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| Tax-relief |
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| Local Tax Reduction and Exemption |
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| Rent reduction |
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| Miscellaneous support |
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| Miscellaneous support |
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| Classification | Details | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Eligibility |
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| Types of Support |
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| Support Ceiling |
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| Cost-sharing Ratio |
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| Classification | Details |
|---|---|
| Eligibility |
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| Land Subsidy |
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| Employment Subsidy |
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| Education and Training Subsidy |
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| Facility Subsidy |
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| Support on Counseling Expenses |
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| Important Notes |
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* Supports mostly matched with national finance
Immigrant Investor Plan for Real Estate
ConceptForeigners who invest KRW 1 billion or more in tourism and recreation facilities are granted a Residence visa (F-2). After maintaining the investment for 5 years or more, the investor, their spouse, and unmarried children are granted Permanent Residency (F-5)
① Pyeongchang Alpensia : May 1, 2013 – Dec 31, 202
② Mangsang District, Gangwon State Free Economic Zone (GSFEZ) : Apr 1, 2025 – Dec 31, 2026
③ Yongpyong Tourist Complex, Pyeongchang : Apr 1, 2025 – Mar 31, 2030
Designation Procedures by System
Individual type foreign investment zone designation procedures-
Submission of designation plan and feasibility report
(Company) -
지Review of designation plan
(Gangwon-do) -
Request for evaluation of the designation
(Gangwon State → MOTIE) -
Review of suitability
(MOTIE) -
Evaluation by the working groups of the Foreign Investment Committee
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Evaluation and notification of results by the foreign investment committee
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nnouncement of designation
(Gangwon-do)
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①Central or Local Governments
Announcement of projects -
②Central government, Citiy and Province → Ministry of Justice
pplication for designation -
③Ministry of Justice
Preliminary evaluation and factual survey -
④Ministry of Justice → Relevant organizations
Selection of targets for comprehensive inspection and inquiry of opinions, etc. -
⑤Ministry of Justice and relevant authorities
Presented in the Investment Immigration Conference -
⑥Minister of Justice
Decision and announcement of results

