From Australia to South Korea: 4 Asia-Pacific Shooting Incentives to Know

8:30 AM 10/4/2016

by Lee Hyo-won

'Thor: Ragnarok' recently received federal grants from down under, while 'Avengers: Age of Ultron' saved $2.3 million through cash rebate after shooting in Seoul.

Jay Maidment/Marvel/Disney

  • Australia

    Australia offers a 16.5 percent location offset, provided as a tax rebate, as the cornerstone incentive for international productions. To qualify, films need to spend a minimum of $11.5 million in Australia. The grants are offered on a case-by-case basis, with Pirates of the Caribbean: Dead Men Tell No Tales, Alien: Covenant and Thor: Ragnarok all recently receiving federal grants.

  • Malaysia

    In addition to the flagship $150 million Pinewood Iskandar Malaysia film studio, which opened in mid-2013, there's also a hefty 30 percent cash rebate on all in-country production spending.

  • New Zealand

    New Zealand's Screen Production Grant offers a baseline cash grant equivalent to 20 percent of a film's expenditure in the country, which is set at a minimum $11 million for features. Some projects also might be eligible for an additional 5 percent if they can demonstrate significant economic benefits to New Zealand. Recent films to take advantage of the grant include Pete's Dragon and The Light Between Oceans.

  • South Korea

    The Korean Film Council launched an incentive program in 2011 and offers up to a 25 percent cash rebate on local production expenditures for feature films, TV series and documentaries. Foreign projects that spend more than $100,000 are eligible. Avengers: Age of Ultron, which shot an elaborate action sequence in Seoul, got $2.3 million back through the rebate.