KOTRA GLOBAL TALENT RECRUITING CENTER Dec 2011 www.contactkorea.go.kr

contents 1. Global Talent Recruiting Center of KOTRA 2. Job-Seeking Visa for Foreign Students in Korea

1. Global Talent Recruiting Center of KOTRA □ Background ‘War for Talent’ to secure global talent Paradigm shift from capital or goods to global talent Key factor for the competitiveness and sustainable growth of a nation as well as an enterprise A lack of global manpower in Korean companies Around 6,000 lack of global talent (KOTRA’s Survey,2010) ‘Contact KOREA’, Global Talent Recruiting Center, was established in 2008 by Korean government’s policy. Authorized by the KOTRA Act amended in 2009

□ Customers □ Service of Global Talent Recruiting Center Domestic Companies, Research Institute, Educational Institution, Medical Institution in Korea (Including overseas branches of the companies registered in Korea) Governmental organizations □ Service of Global Talent Recruiting Center Global Talent Recruiting with KOTRA’s 111 overseas network in 75 countries ONE-STOP SERVICE Identifying Global Talent Searching for Global Talent’s data Arranging video interview Supporting the finalization of employment contracts Verifying academic background & professional experience

□ Preferred Global Talent Those who have specific knowledge, experience, and qualification in the fields of business, technology, education, and knowledged service ★ Major targets include manager, researcher, scientist, engineer, college professor, experts in the fields of finance/medical service/design construction/advanced technology (ex: IT, BT, new materials) According to ｢Immigration Law Enforcement Decree｣, KOTRA is handling to find out and recommend the Global Talent qualifying under E-1(professor), E-3(research), E-4(technology consulting), E-5(professional occupation), E-7(special activity) and D-8(corporate investment) ★ E-2(language instruction), E-6(arts and performance) excluded Qualification: ㅇ Over 5 years work experience in corresponding area ㅇ Bachelor’s degree + 1 year experience, ㅇ master’s and PHD degree

□ Global Talent in Korea now Total 523,864 People

□ Global Talent in Korea now

□ Global Talent Invited by KOTRA (09’~11’ 9 by country) TOTAL 1,152

□ Global Talent Invited by KOTRA (09’~11.9 by occupation) TOTAL 1,095

□ Career Fair for Foreign Students in Korea Date/Venue : 2011.10.6-7/COEX, Seoul Host : KOTRA, NIIED (National Institute of International Education) Exhibitors : 38 Korean companies Visited students : Around 2,000 foreign students in Korea

□ Recommendation of Gold Card *Gold Card System ? - A visa recommendation letter (gold card) issued in the name of KOTRA to assist in the issuance of special activity visa (E-7) *Gold Card Benefits ⅲ ⅰ. 5 Years of Visa Period - Maximum 5 years, issued actually for the employment contract period - If contract period is extended, E-7 visa can be extended indefinitely ⅱ. Visa for Multiple Trips - Re-admittance approval unnecessary - In particular, multiple C-4 with 1 year period issued Iii .Eligible for Permanent Residency After 3 year of residence in Korea, possible to apply for permanent residency visa General visa acquirer requires residence period of more than 5 years ⅳ. Spouse Employment Allowed Companion visa can be changed to working visa in Korea ’11 Oct Gold Card Issuance ⅴ. Accompanying of Household Helper Benefit corresponding to that of a diplomat ⅵ. Changing Job Can change jobs in Korea (requires employer consent letter) Possible to approve activity other than sojourn status (study abroad, native –speaking instructor)

TRANSPORTATION EQUIPMENT ENVIRONMENT AND ENERGY Qualification for Gold Card Master’s degree or higher Any degree from universities in Korea Bachelor’s degree and at least one year of relevant work experience Over 5 years’ work experience in case of absence of an academic degree (Degree transfers are not eligible.) Preferred Areas TRANSPORTATION EQUIPMENT & MACHINERY DIGITAL ELECTRONICS ENVIRONMENT AND ENERGY TECHNOLOGY MANAGEMENT BIOTECH IT NANOTECH NEW MATERIALS

2. Job-Seeking Visa for Foreign Students in Korea Expanded Coverage of Qualification for Job-Seeking Visa Issuance (11.6.) Qualification - Working experience in global top 500 company or graduate of global top 200 university - Graduated (or graduate-to-be] from at least junior college in Korea within past 3 years (For junior college, only those having average GPA of greater than 3.0 or industrial skill license) Procedure - Allows to apply D10 Visa or change staying status - Job-seeking period bestowed by 6 month * Extendable up to 1 year for bachelor’s degree , up to 2 years for master’s and PHD degrees) - If employed as professional occupation (E1~E7), working Visa is allowed.

Thank you !!