Koreans will be able to participate in a working holiday program in Hong Kong starting next year on a visa that allows them to work legally there for the purpose of supplementing their travel.
Jun Ok-hyun, the Korean consul general in Hong Kong, and Matthew Cheung, the secretary for labor and welfare in the Hong Kong government, signed a memorandum of understanding in the territory on Friday.
Under the new scheme, 200 young people from each side between 18 and 30 will be able to work and travel in Korea or Hong Kong for up to one year.
Applicants have to show proof of sufficient funds -- W3 million (US$1=W1,127) for a Korean and 20,000 Hong Kong dollars for a Hong Kong resident -- and a return air ticket and can then make money and travel without having to obtain a separate work permit.
Since 2005, Korea had signed working holiday visa agreements with Australia, Canada, Denmark, France, Germany, Ireland, Japan, New Zealand and Sweden, and some 204,196 young Koreans and 2,465 young people from the nine countries had taken advantage of the programs as of June this year.