Management Department overseas labor (Ministry of Labor, War Invalids and Social Affairs) said that the Korean Ministry of Justice on December 28, 2022 issued a notice to improve a Number of policies related to highly skilled foreign workers with E-7 visa. This policy applies from January 1, 2023.
Specifically with policy New application of E-7-S visa regime according to Korea’s method of dividing occupations. Modern industrial fields are new occupations appearing in the 4.0 industrial era. p>
The scope of this field includes 35 occupations such as: Carbon-nano fusion semiconductors robots cars aviation energy sources atomic energy renewable energy machinery engineering knowledge services smart services network security medical machinery operating systems television production mobile information networks…
From 2023, Korea will apply the E-7-S visa regime for foreign workers to work in the modern industrial sector mentioned above and high-income foreign workers (with income 3 times or more than the previous year’s GNI per capita of Korea).
< p>The issuance of E-7-S visas will be conducted using a scoring method according to a table based on categories such as: Income and relevant age; Items that have the ability to contribute to the future such as: age, academic ability, Korean language work experience, having studied abroad in Korea; Items with extra points include: graduating from prestigious universities in the top 100 that have been granted a recruitment license by KOTRA, research achievements, and items with points deducted such as violating immigration and criminal laws. .
When a foreign worker reaches a certain score according to the above calculation method, the Korean Ministry of Justice will issue an E-7-S visa. There are currently no specific instructions on the number of points achieved or allocation targets related to this visa level.
In 2023, the Korean side will also sharply increase the target for skilled human resources for E visas. -7-4.
Accordingly, E-9 E-10 and H-2 foreign workers working for more than 5 years in Korea are converted to E-7-4 visas according to the method Point calculation and annual allocation targets have been carried out from 2017 to present.
There have been 5,421 foreign workers converted to E-7-4 visas, of which 2,000 workers will be converted in 2022 alone.
Currently There are about 3,535 technical workers working in Korea, mainly in the field of electronics, information technology, mechanical welding and machine operation. These workers reside and work long-term in Korea (over 5 years) with a salary of 2,000 – 2,500 USD/month, equivalent to 45-50 million VND.
However The number of workers converted every year as above still cannot meet the needs of businesses. Therefore, in 2023, the target for converting to E-7-4 visas will increase to 5,000 people. At the same time, it will limit the issuance of visas to foreign workers who have resided illegally before.
In addition, Korea also changed the salary conditions when considering granting E visas. -7 for foreign workers working in small and medium enterprises from 80% or more to 70% or more of GNI per capita the previous year.
Currently, Korea is applying a series of salary conditions (equal to 80% or more of the previous year’s GNI per capita) in considering the issuance of E-7 visas for foreign workers. However, according to statistics from the National Statistics Agency, this salary is higher than the average salary of workers working in small and medium-sized enterprises in Korea.
So since 2023 salary conditions for E-7 visa issuance for foreign workers working at small and medium-sized enterprises, venture capital enterprises, medium-sized enterprises (mid-sized enterprises) small and medium sized businesses and large corporations) in non-urban areas will change to a level equal to 70% or more of the previous year’s GNI per capita within a certain period of time (3 years).
In addition To encourage businesses investing abroad to return to Korea, from 2023, Korea will reduce work experience requirements for the issuance of E-7 visas for foreign workers to work in foreign countries. businesses return to the domestic market.
Previously, the Korean Ministry of Employment and Labor announced the decision to apply the minimum wage for 2023 in this country.
Accordingly, the hourly minimum wage that workers receive is 9,620 won, an increase of 5% compared to 2022. With a level above the monthly minimum salary of Korean workers of 2,02 million won (equivalent to 37,3 million VND).
Time Applicable from January 1, 2023 to December 31, 2023; applied uniformly in all businesses regardless of the type of business.
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