[Asia Economy Reporter Kim Hyung-min] The Ministry of Justice announced on the 25th that it will establish a new "region-specific visa" system, a customized visa policy reflecting the manpower needs of local governments.
The region-specific visa is a system that grants visas in advance to foreigners who meet specialized requirements reflecting the characteristics and demands of the region, on the condition of residing and working in the area for a certain period. It was introduced to supply labor and talent to local areas with aging populations and to promote balanced national development.
Before the official implementation of the system, the Ministry of Justice also decided to conduct a pilot project targeting population-declining areas to analyze the project's outcomes.
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