South Korea to employ another 56,000 foreign workers in 2019

South Korea plans to accept more foreign workers next year, with the aim of alleviating the country's talent crunch.
By: | December 26, 2018

 

South Korea plans to accept more foreign workers next year, with the aim of alleviating the country’s talent crunch.

During a government meeting early this week, policymakers have decided to accept 56,000 foreign workers next year under the Employment Permit System (EPS).

The number is the same as the figure approved for this year.

Under the approved quota, 43,000 newcomers and 13,000 returnees will be welcomed into South Korea next year – 2,000 more, and 2,000 less than last year, respectively.

Per the EPS, a foreign worker can work in South Korea for up to four years and 10 months on an E-9 visa. However, they are not be able exit and re-enter the country on the same visa.

The Labor Ministry said the plan reflects industry’s continued need for foreign workers, and the estimated number of foreign workers that are expected to return to their home countries next year.