Yeongdeungpo-gu Provides Incentives to Companies Attracting Foreign Patients

[Seoul District News] Support up to KRW 1 million per foreign patient and KRW 2 million per recruiting company for foreign patients using over KRW 100,000 at local lodging and dining facilities after medical treatment at Yeongdeungpo-gu medical institutions

[Asia Economy Reporter Park Jong-il] Yeongdeungpo-gu (District Mayor Chae Hyun-il) is implementing the "Foreign Patient Attraction Incentive Support Project" to help revive the stagnant medical tourism industry and revitalize the local economy.

The project provides incentives to businesses that attract foreign patients using local medical institutions, accommodation, dining, and tourism facilities. Through this initiative, the district aims to support related industries struggling due to COVID-19 and enhance the recognition of the Smart Medical Special Zone, establishing Yeongdeungpo as a premier medical tourism hub.

The incentive support targets foreign patient attraction companies registered with the Korea Health Industry Development Institute (KHIDI) located in Korea. Incentives are provided when foreign patients receive treatment at medical institutions in Yeongdeungpo-gu registered with KHIDI and use local accommodation, dining, and tourism facilities totaling at least 100,000 KRW.

Support covers 20% of the total usage cost of local accommodation, dining, and tourism facilities excluding medical fees, up to 100,000 KRW per foreign patient, with a maximum of 2,000,000 KRW per attraction company.

Attraction companies wishing to receive incentives must submit a prior plan to the district office at least 7 days before the foreign patient's visit to Yeongdeungpo-gu and undergo consultation.

After the medical tourism is completed, the incentive application, along with required documents such as treatment and accommodation confirmation, must be submitted in person or by registered mail to the Vision Cooperation Division of Yeongdeungpo District Office by the 15th of the following month to complete the application process.

The support period runs until November, and the program may close early if the budget is exhausted. Detailed information about the incentive application can be found in the "Notices/Announcements" section on the Yeongdeungpo District Office website or by contacting the Vision Cooperation Division.

Since the designation of the Smart Medical Special Zone in 2017, the district has been dedicated to creating and activating Yeongdeungpo’s unique medical tourism infrastructure. By building a public-private network with partners in medical, accommodation, dining, and tourism sectors, Yeongdeungpo is promoting its excellent medical services and tourism resources, preparing to become an international medical tourism hub city.

Chae Hyun-il, Mayor of Yeongdeungpo-gu, stated, "We hope this incentive support project will help overcome the crisis faced by the local medical tourism industry. We will continue to implement various policy projects to attract foreign patients and contribute to the development of Yeongdeungpo’s medical tourism industry and the revitalization of the local economy."

This content was produced with the assistance of AI translation services.