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Analysis South Korea’s foreign talent push faces hurdles amid aging workforceNew visa policies aim to attract global expertise as demographic and cultural challenges threaten economic stability South Korea’s Ministry of Justice has announced an expansion of its Research Student (D-2-5) and Researcher (E-3) visa programs, aiming to attract global talent in science and technology fields. This policy shift allows top-ranked domestic universities to invite foreign undergraduate students as research students and waives E-3 visa experience requirements for holders of exceptional foreign master’s degrees. The expansion of the programs aims to address shortages in critical sectors due to the country’s rapidly aging population and declining workforce. But South Korea continues to face significant risks to its economic stability and growth due to broader challenges in attracting and © Korea Risk Group. All rights reserved. |





