immigration policy Archives

South Korea’s Permanent Residency System Gains Global Attention Amid Immigration Policy Shifts

SEOUL, March 5 (Korea Bizwire) — As countries worldwide adjust their immigration policies, South Korea’s permanent residency system is drawing increased interest, particularly as the nation seeks to attract skilled foreign workers amid demographic challenges. While the United States recently made headlines with a proposal to sell permanent residency for $5 million, South Korea’s own system [...]

S. Korea to Seek More Foreign Workers amid Population Crisis

SEOUL, July 7 (Korea Bizwire) — South Korea will explore ways to accept more foreign workers to address its low birth rates and workforce shortages, the finance ministry said Friday. “We need to work together to reach a social consensus that accepting foreign workers and rolling out immigration policies are vital for the sustainable growth [...]