South Korea, dubbed as Asia's plastic surgery capital, is home to more than 4,000 plastic surgery clinics and has the world's highest rate of cosmetic procedures per head of population - 13 for every 1,000 people in a population of 49 million, according to government data cited by Reuters.
Read MoreSouth Korea assets hit by worst outflow in 4 years
"If a foreign national submits a receipt for the surgery they received from a local hospital or clinic on departure, that person can get a tax refund," Moon Chang-yong, deputy finance minister of tax and customs was cited as saying by Yonhap – the country's biggest news agency.
"It is designed to help boost the local tourism industry," he said.
Read MoreChina's tourist spending may drop after yuan shock
The country's tourism sector has been reeling from the outbreak of Middle East Respiratory Syndrome (MERS) that began in late-May and claimed the lives of 36 people.
Tourist arrivals plunged more than 40 percent in June as the spread of MERS led to mass travel cancellations by foreign tourists, government data showed.