I like to consider setting up a hostel for tourist in Seoul.
Like to enquire:
1) If it's possible for foreigners to do that?
2） If yes, What are the potential arrangements? e.g. Partnership with Koreans/Acquisition of existing hostels/Acquisition of property/land
3) What are the possible financing options that I can take up
Have you contacted the Seoul Global Business Support Center? They have full information on how to do it and they also offer their services for free... Here's the page with information: http://www.koreabusinesscentral.com/page/seoul-global-business-support
Thanks Steven. I will refer to the site and check with Simon.