South Korea opens its doors to foreign workers

South Korea has approved a plan to allow logistics companies to sponsor E-9 visas for foreign workers amid a persistent labor shortage.

South Korea will expand the E-9 visa status for foreign workers involved in the country's manufacturing industry. (Source: Korea BizWire)

On September 1, the Korean Foreign Labor Policy Committee confirmed the above plan. This will open up opportunities for logistics companies as well as airport subcontractors. The E-9 visa is a visa category for unskilled workers working in Korea.

Speaking about the news, Bang Ki-sun, Minister of the Office for Government Policy Coordination, said the plan would help address the labor shortage across the industry and the Seoul government should “maintain close monitoring of procedures” to ensure the policy is implemented.

It typically takes months for the agency to review applications from companies looking to hire foreign workers and find suitable workers, an official at the Ministry of Employment and Labor said. Applications from logistics companies will begin next week, meaning the first eligible workers could start work as early as this year.

In addition, manufacturing companies outside Seoul with 300 or more employees can now hire E-9 visa workers. Previously, only companies with fewer than 300 employees and capital of 8 billion won (US$6 million) were eligible.

In addition, the Korean government also approved a plan to increase the E-9 visa quota to 120,000 by the end of this year, more than double that of 2020 and 2021. At the same time, the maximum E-9 quota for each company will be doubled to 80. At the same time, the E-7-4 visa quota, which allows E-9 visa holders to choose their workplace more flexibly and stay in Korea indefinitely, will be increased sevenfold to 35,000 cases.

Currently, Korean employers in the manufacturing, construction and agriculture sectors can recruit workers from 16 countries in Southeast Asia and Central Asia to work under E-9 visas.

Source: https://baoquocte.vn/han-quoc-mo-rong-cua-voi-lao-dong-nuoc-ngoai-240618.html