South Korea will improve its visa issuance system to attract more talented foreign workers, the labor ministry said today. It comes as part of efforts to tackle its declining labor force.
The government said it will relax the current points-based system to allow more talented foreign workers to emigrate to the country.
Under the present system, high-scoring foreign talent are granted the F2 visa, which removes all restrictions on work, if they stay for one year.
The F5 visa, for permanent stay, is then granted if they stay three more years after acquiring F2 status.
Under the new system, these foreigners will be directly granted the F5 visa if they live in the country for at least one year, the government said.
Foreign workers meeting certain requirements, and investors and students taking master’s or doctorate programs in South Korean universities will also be allowed to reside in the country together with their parents, the ministry said.
To lure more foreign students to work in South Korea after they finish studying, the government will improve links between schools and companies, and relax employment requirements.
Source: Busan eFM News
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