Increase in Foreign Professionals in South Korea Amid Startup Expansion
South Korea is seeing a rise in foreign professionals, with the number of international workers in specialized fields increasing from 41,000 in 2013 to 46,000 in 2023, driven by the aggressive recruitment of startups in areas like Gangnam. Despite challenges such as complex visa requirements and difficulties with English support in services, many foreign workers value the efficient culture and convenience of living in Korea. Companies like Seoul Robotics illustrate the demand for English-speaking staff, with a significant portion of their revenue coming from overseas clients.
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South Korea is attracting foreign professionals, with the number of international workers in specialized fields rising from 41,000 in 2013 to 46,000 in 2023. Startups, particularly in Seoul's Gangnam district, are recruiting aggressively, with English-language operations boosting global business.
Seoul Robotics reported 80% of its 3 billion won revenue came from overseas clients, highlighting the demand for English-speaking staff. Visa requirements remain a challenge; professionals need advanced degrees and experience to obtain E1-E7 visas.
While many seek permanent residency, the process can be complex, requiring points based on age, salary, and education. Employees report difficulties with English support in taxation and medical services, impacting long-term retention. Despite challenges, many foreign workers appreciate the efficient culture and convenience of living in Korea.
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