South Korea is the second strongest economy in Asia, with two thousand billion dollars in GDP. The robust economy and lifestyle are appealing to anyone and attract skilled workers from around the world. If you want to know how to immigrate to South Korea as a bank manager, this article is for you.
How to immigrate to South Korea as a bank manager?
All foreign nationals who want to move to South Korea and work in this country must have a work visa and work permit. To get the permit, you need a Korean employer who is willing to hire you.
Follow the below procedures to move to South Korea as a bank manager:
Step 1. Get a job offer from a Korean employer
The first step for someone who wants to immigrate to South Korea as a bank manager is to get a job offer from a Korean employer. Here below, you can find the websites that help you to find a job offer from a Korean employer. Prepare your resume and look for one in the country:
- Job Planet
- Find Job
- Just Landed
- Jobs in Korea
- Korea job finder
- Amazon Jobs
- Target jobs
Besides the websites, you can look for a job with Korean banks. You can visit their website or follow the staff on LinkedIn:
This is the list of the top 10 banks in Korea:
- KB Kookmin Bank:
- Shinhan Bank:
- NongHyup Bank:
- Hana Financial Group:
- Korea Development Bank:
- Woori Bank:
- Industrial Bank of Korea:
- DGB Financial Group:
- Kwangju Bank:
- Busan Bank:
When you get the offer, you and the employer must sign a work contract. The Korean employer needs to begin the process and receive approval from the Korean government.
Step 2. Ministry of Justice (MSJ) petition
The Korean employer needs to send the related documents to the Ministry of Justice (MSJ) and filed a petition. The work contract signed by the employer and employee and the related documents need to be sent to the MSJ. They decide to issue the work permit or not.
Step 3. Work permit decision
The Ministry of Justice will evaluate the application and decides whether to issue a visa or not. They might ask for further supporting documents to check the applicant’s eligibility. If the organization approves the visa application, they will issue a Certificate of Confirmation of Visa Issuance.
Step 4. Applying for a work visa
The employee needs to submit the Certificate of Confirmation of Visa Issuance to the Korean embassy in his/her home country. It is not the only requirement. There are other ones as well.
You can see the article on South Korean work visas from the right sidebar to know the full list of visa documents.
The visa you need depends on your stay’s duration and the type of work you will do. But it is most likely the E-5 special profession visa.
Moreover, the Korean embassy could ask for further supporting documents to issue the work visa. But, when you get the work permit, the visa will be issued finally.
When you get the visa, you can move to South Korea as a bank manager and begin your work.
If you find it hard to go through a written article, there is also a video prepared by the Visa Library that explains well how to apply for a work visa. You can find it on our YouTube channel or the work visa article from the right sidebar.
How to move to South Korea to look for a job?
South Korea has provided a visa waiver program for a few countries. If you are among them, you may move to the country and stay for some time with your passport.
If you are not among the visa-waived countries, then you need to apply for a tourist visa. You can find the article on how to apply for it from the right sidebar. A tourist visa permits you to stay in Korea for 90 days and look for a job. But you have no permission to work and get paid for it.
When you find a job, leave Korea and apply for a work visa.
D-10 Job Seeker Visa
The other opportunity you have to enter Korea and look for a job is D-10 Job Seeker Visa. The eligibility principles are strict with the job seeker visa, and you need to meet them to get it:
- Your previous employer was on Fortune 500 list.
- You have graduated from a university from the Times Higher World University Rankings.
- You have completed your education at a Korean university or college.
- The head of a diplomatic mission recognizes you.
What are the requirements to move to Korea as a bank manager?
You need the below requirements to immigrate to South Korea as a bank manager:
The first and foremost requirement to immigrate to South Korea as a bank manager is getting a job offer. The job position or what the Korean employer needs will determine the requirement.
You would better visit the websites that introduced to find a job in Kore and see what the skills or qualifications required by a Korean employer are.
It is mandatory that the employer and employee sign a work contract. The exact details of the employment must be clarified in the letter:
- The date employment begins
- Job duties and responsibilities
- Working hours
- Duration of the employment
The Korean officials are a bit strict over the visa rules. So you need to be careful on preparing the requirements and making them according to the instructions.
Certificate of Confirmation of Visa Issuance
The employer news to apply to the Ministry of Justice (MSJ) to get the Certificate of Confirmation of Visa Issuance. Only when getting the certificate can the employee apply for a work visa? It is one of the essential requirements in the visa list.
That is why it’s essential to get a job offer from a Korean employer, as only the employer can apply and receive the certificate.
Work visa requirements
There is a list of supporting documents with the Korean work visa requirements. You can see the full list of them from the work visa article on the right sidebar. But a general list is as follows:
- Visa application form, which is completed and signed by the applicant
- Applicant’s photo, which must be the size of a passport photo
- Copy of passport and identity card
- Your CV
- Copy of your academic degrees
- Employment contract
- Description of work tasks
- An invitation letter was written by the employer
- Company certification registration
- Certificate of incorporation company
- Evidence of company tax payments in previous years
- The receipt of the visa application fee
The video uploaded on the YouTube channel explains how to prepare the documents and everything else.
Moreover, you might have to submit further documents by your nationality. It is the embassy’s decision to ask for further documents.
Be eligible to enter South Korea
The applicant who wants to work in South Korea as a bank manager needs to be eligible to enter the country. He/she must have a valid passport to get out of the home country.
Bank manager’s salary in South Korea
The salary of an immigrated bank manager to South Korea is up to various factors:
- Ban you work with
- Duties and responsibilities
- The number of people you manage
- The amount of financial transaction
But you can expect to earn about 3,770,000 KRW (lowest) to 11,100,000 KRW (highest), according to salary explorer.
Language proficiency to move to South Korea as a bank manager
There are no language requirements with the Korean officials or the Korean embassy. The point is that you need to get a job offer from a Korean employer. If the employer is satisfied with your language proficiency, then there is nothing wrong with the officials. But you can improve your chance of getting a visa or job offer by learning Korean and improving your English. Although the official language is Korean, English is used somehow.
Let’s sum up…
This article explained how to immigrate to South Korea as a bank manager. You found out that the first requirement is to get a job offer from a Korean employer. For the rest of the process, the requirements also got covered.
If you have questions on how to move to South Korea as a bank manager, write them down in the comment section. The Visa Library will get to them right away.
Frequently Asked questions about immigrating to South Korea as a bank manager
How should I move to South Korea as a bank manager?
Yes, you need to find a job offer and apply for a work visa.
Do I need language proficiency to move to South Korea as a bank manager?
No, but you need to convince the employer that you are fluent.
Where should I look for a job position as a bank manager in South Korea?
The websites to look for a job are introduced in the article.