×

South Korea’s Incentive Adds Foreign Productions to Country’s Thriving Film Industry

Producers seeking a location that blends the traditional with the modern, offers mountains and coastlines, boasts historic structures and contemporary architecture, should consider South Korea, a country with a thriving local film industry, well developed production infrastructure, experienced crews and a wide choice of accommodations and restaurants. In addition, South Korea provides a cash rebate of up to 25% on qualified spend.

The cash rebate is 20% for three minimum shooting days and a minimum spend of 100 million won, the local currency. The dollar equivalent is approximately $88,000.

The rebate rises to 25% if shooting days are 10 or more and the spend is at least 2 billion won, or about $1.77 million.

The maximum grant per project is 1.5 billion won, or about $1.3 million. Each project must receive approval from the Korean Film Council, or KOFIC, which launched the location incentive program in 2011. KOFIC is a state-supported, self-administered organization under South Korea’s Ministry of Culture, Sports and Tourism.

Recent projects shot in South Korea include the recently launched Netflix series “Kingdom” (2019), “Black Panther” (2018), “The Great Battle” (2018), “Burning” (2018), “Okja” (2017), “Colossal” (2016), “Star Trek Beyond” (2016), TV series “Dramaworld” (2016), TV series “Sense 8 “(2016) and “Avengers: Age of Ultron” (2015).

Information courtesy of the Production Incentives team at Entertainment Partners.

Incentives
20%-25% Cash rebate on qualified spending
20% for minimum of three shooting days and $88,000 spend
25% for minimum of 10 shooting days and $1.77 million spend

Popular on Variety

More Artisans

  • The Handmaid's Tale -- "Household" -

    ‘The Handmaid’s Tale’ Crew on Why the Lincoln Memorial Shoot Was Worth the Effort

    Shooting on location at a national monument may seem glamorous, but it often involves extensive prep to comply with strict regulations, restrictions and crowds — all for a short on-screen moment. For the cast and crew of Hulu’s “The Handmaid’s Tale,” the seven months of planning and negotiations required for a one-day shoot at the [...]

  • Producer and crew on set. Twelve

    'Driven' Kept Shoot in Puerto Rico After Hurricane Maria to Help Locals

    Behind-the-scenes featurettes have long enumerated the many obstacles any movie or TV show has had to overcome to reach the theater or TV screen. But few films faced hardships as severe as those overcome by “Driven,” the real-life hero-to-zero story of automaker John DeLorean (played by Lee Pace) and his misadventures with ex-con pilot-turned-FBI informant [...]

  • The Righteous Gemstones Adam Devine, Danny

    How Televangelists, Elvis Inspired Costumes for HBO's 'The Righteous Gemstones'

    HBO’s new comedy series “The Righteous Gemstones,” about a famous family of televangelists whose dysfunction runs far deeper than its Christianity, seems to exist in its own time and place. Set in present-day Texas, the inspiration for the Gemstone family — played by John Goodman, series creator Danny McBride, Edi Patterson and Adam Devine — [...]

  • A Wrikle in Time

    New Zealand Offers Breathtaking Locations, Trained Crews, 20% Cash Grant

    With its heart-quickening vistas and magnificent views, New Zealand is a prime location for savvy investors seeking to maximize the incentive on their next project. Consider the production value of filming amid the daunting heights of the Southern Alps, or along the stunning shores of Lake Gunn. There’s also Auckland, with its magnificent Sky Tower [...]

  • DESCENDANTS 3 - DESCENDANTS 3 -

    'Descendants 3' Choreographer Mixed Dancing, Acting and Sword Fighting

    For a generation of dancers, Jamal Sims is one of a handful of choreographers who’ve pushed the boundaries of dance in film, TV and onstage. With a career that’s included stints working alongside Madonna and Miley Cyrus, he brings his edgy pop style to the dance numbers in “Descendants 3,” which premiered Aug. 2 and [...]

  • Avatar

    Manhattan Beach Studios, Home to 'Avatar' Sequels, Sold for $650 Million

    Hackman Capital Partners has acquired the Manhattan Beach Studios, home to James Cameron’s “Avatar” sequels, as part of a $650 million deal. Hackman announced Wednesday that it had bought the MBS Group from global investment firm the Carlyle Group. The MBS Group operates the MBS Media Campus — a 22-acre, 587,000 square foot production facility [...]

  • The Kitchen Movie

    How 'The Kitchen' Production Team Cooked Up 1970s-Era Clothes, Cash and Guns

    Melissa McCarthy, Tiffany Haddish and Elisabeth Moss play women who take over their husbands’ criminal business in Warner Bros.’ “The Kitchen,” adapted from the DC/Vertigo comic book series by Andrea Berloff, who also directed. Costume designer Sarah Edwards and prop master David Schanker used their skills to create a supporting parallel story for the characters that evoked the look and [...]

More From Our Brands

Access exclusive content