Notice on Occupation and Annual Income Report

In accordance with Articles 47 and 49(2) of Enforcement Rule of the Immigration Act, foreign residents in visa status allowing employment are obligated to report his/her occupation and annual income amount to a jurisdictional immigration office when filing for foreign resident registration and permissions for stay as specified below.

□ When to report

• When filing for foreign resident registration (Residence Card)

• When applying for the following: Permission for Change of Status, Permission to engage in activities not covered by original status of stay, Change/Addition of Workplace (report), Permission to grant status of stay, and Permission to extend period of stay

• When there is a change in occupation and annual income amount

※ Those who have previously filed for foreign resident registration are to report in case there is a change in relevant information after initial report of his/her occupation and annual income amount

※ Change in annual income amount refers to hereby:

Any changes in one’s annual income bracket

	< Annual Income Bracket>
No Income KRW 10 million or less per annum KRW 10 million to 20 million per annum KRW 20 million to 30 million per annum		KRW 30 million to 40 million per annum KRW 40 million to 50 million per annum KRW 50 million or more per annum

□ Required documents for foreign residents with employment-based status

• Relevant visa status: Intra-Company Transferee(D-7), Corporate/Foreign Investor(D-8), International Trade(D-9), E-1(Professor) through E-10 (Maritime Crew) status

• Required documents

① Occupation and Annual Income Report Form

② Certificate of Income (not applicable to D-7 status)

※ Yet, except for those on D-8, and D-9 status, foreign residents with no verified domestic income should submit a labor contract in place of a certificate of income

□ Required documents for foreign residents with non-employment based status

• Relevant visa status: Resident(F-2), Overseas Korean(F-4), Marriage Migrant(F-6), Work and Visit(H-2) status

※ Overseas Korean(F-4) status holders may only report ‘Occupation’ when reporting a domestic place of residence

• Required documents

① Occupation and Annual Income Report Form

② Certificate of Income (Only applicable to the following status with occupation and income)

※ F-2-99, F-2-6, F-2-11 and F-2-7 status holders under Resident (F-2) category according to Schedule 1(2) of Enforcement Decree of the Immigration Act, Work and Visit (H-2) status holders who are to report on commencement of employment, and Marriage Migrant (F-6) status holders

※ Foreigners who have no occupation and income should not summit certificate of income.

□ Enforcement Date: December 1(Tue.), 2020

• ‘Occupation and Annual Income Report Form’ is available to download at ‘Application Form’ on the HiKorea website.