Foreign Workers Must Report Income And Occupation For Status Of Stay For Employment

• Published date: 21 December 2020
• Subject Matter: International Law, Immigration, International Trade & Investment, General Immigration, Work Visas
• Law Firm: Envoy Global, Inc.
• Author: Ms Lucy Halse

Key Points

• Certain foreign nationals must report their annual income and occupation information
• Changes apply to D-7, D-8, D-9, E-1, E-10, F-2, F-4, F-6, and H-2 categories
• Foreign nationals must submit a second report if their income information changes
• Employers and employees should anticipate longer processing times with the new requirement

Overview

Foreign nationals with status of stay for employment must now report their annual income and occupation information as mandated by the South Korean immigration authority.

Who is Affected?

The changes apply to the following categories:

• Intra-Company Transfer (D-7)
• Corporate/Foreign Investor (D-8)
• International Trade (D-9)
• Professor (E-1)
• Maritime Crew (E-10)
• Resident (F-2)
• Marriage Migrant (F-6)
• Work and Visit (H-2)

Foreign nationals in the categories above must now report their annual income and occupation when filing their applications with South Korea's immigration authority. Foreign nationals with Overseas Korean (F-4) status are only required to report their occupation when filing a registration application.

What Should Employers and Applicants Know?

Affected foreign nationals must submit report forms called "Certificate of Income Amount issued by tax authority" and "Occupation and Annual Income." E visa holders must submit an "Employment Contract" form if they do not...