Foreigners will be awarded "if their potential and present contributions are deemed essential." According to the news these are some of the following benefits -can stay here for as long as they wish to unless they are convicted of criminal activities.
-can also vote in provincial assembly elections
However, even if you are not so talented, haha ^^ but you purchased or will purchase real estate in designated areas such as the special economic zone of Jeju Island or live in those areas for five years or more, you can still be eligible. 
It is said that database for foreigners and their skills (HuNet Korea) will open this month, February, offering Korean employers the chance to "shop" for workers in accordance with their needs by skipping time-consuming red tape. So if you are interested maybe you can register.
The Korean government will also tightly supervise "illegal" foreign residents and control the number of issued visas.
Full Story:
Foreign Talent-Hunting Program to Start in 2010
by Kang Shin-who (kswho@koreatimes.co.kr )
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