한국에서 외국인의 산업용지 이용 관련 법률

The Foreigner’s Land Act allows foreigners and foreign enterprises to acquire land in Korea with the exception of certain areas, and the right to purchase or sell real estate is guaranteed by law, as long as they follow due process. Those who want industrial estate can buy or lease it. The Korean government created three types of zones to promote foreign investments in Korea: Free Trade Area, Free Economic Zones, and Zones for Foreign Investments. All of them have a common goal to attract foreign investments; however, their approaches for that goal vary. The financial and legal support they provide also varies according to local governments. However, there is not much difference between Free Trade Area and Free Economic Zones, which leads to confusion in policy and administration. Therefore, it is important to clarify and reinforce the basic plan for the three types of Zones for Foreign Investments. The Free Economic Zones are a special area which is particularly designed to improve the living condition of foreign investors. So it is important to hold on to this original purpose. Further, it is also crucial that the acquisition of land be made easier for foreign investors. At the same time, this open policy should be carried out in a productive way for the country, as well as foreign investors. One of the best ways is to give long-term leases while providing them with various supports and facilities. The expansion of special zones or designation of additional areas needs to be dealt with carefully.