'Top-Tier' visa to be created in South Korea to attract high-tech foreign workers
South Korea will create a new visa program to attract foreign workers specializing in high-tech industries, the government said Thursday, as the country prepares for a society with a growing foreign population, Yonhap reports.
Justice Minister Park Sung-jae announced the plan as part of a new immigration policy aimed at enhancing social cohesion amid a growing foreign community in the country.
Currently, foreigners make up 2.61 million, or 5 percent, of the total population, and the ministry predicts the foreign population may exceed 3 million within five years.
Under the policy, a "Top-Tier Visa" will be introduced to attract highly skilled foreign workers in high-tech sectors, such as artificial intelligence, robotics, quantum technology and aerospace, by offering immigration and residency benefits.
The government will also introduce a "Youth Dream" visa to provide job and cultural experience opportunities for young people from countries that fought for South Korea in the Korean War or nations in economic partnership with South Korea.
The justice ministry said the scope of the envisioned visa programs will be determined through consultations with related government agencies.
Additionally, another work visa program will be created to help regional governments to bring in foreign workers in line with their respective development strategies, amid growing depopulation in those regions, the ministry said.