To add the Republic of Korea to the E-3 nonimmigrant visa program.

This legislation proposes to extend eligibility for the E-3 nonimmigrant visa program to nationals of the Republic of Korea. This expansion would be contingent upon a basis of reciprocity and an agreement determined by the Secretary of State, allowing Korean professionals to work in specialty occupations in the United States. A key provision requires that employers sponsoring Republic of Korea nationals for E-3 visas must be active participants in good standing in the E-Verify program . The bill also modifies the existing annual cap of 10,500 E-3 visas, stipulating that Australian nationals may utilize up to this full amount, while Korean nationals would be allocated the remaining visas from this cap based on the prior fiscal year's usage by Australians. This numerical limitation applies only to the principal visa applicants, excluding their spouses and children.