- The number of foreigners living in South Korea increased by 3,896 percent from 1990 to 2020.
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Aspiring to begin a fresh chapter overseas?
South Korea It appears that this location is the global leader for such activities, with Bulgaria topping the list in Europe at No. 1.
According to the findings from the expat specialists at William Russell , resulting in a list of the top 10 countries experiencing the largest growth in their expatriate populations since 1990.
Based on the statistics, the number of foreigners living in South Korea rose dramatically from approximately 43,000 in 1990 to over 1.7 million in 2020, representing a growth rate of 3,896 percent.
In Colombia, the number of expats skyrocketed from only 104,000 in 1990 to approximately 1.9 million individuals in 2020, marking an impressive rise of 1,727 percent, which represents the second-largest increase observed.
South America has become an appealing option for expatriates, with Chile ranking third on the list. In 1990, the nation was home to only 104,000 foreigners, but this number surged to 1.6 million by 2020, marking a rise of 1,430 percent.
Bulgaria ranks fourth globally and leads in Europe due to a significant increase in expatriates from 21,000 in 1990 to 184,000 in 2020 (a growth of 757 percent).
In Spain (5th place), the number of expats significantly increased as well, jumping from approximately 821,000 individuals in 1990 to around 6.8 million in 2020, which represents an increase of 732 percent.
Serbia (6th place, with 729 percent), Malta (7th place, at 661 percent), Iceland (8th place, scoring 582 percent), Finland (9th place, recording 510 percent), and Turkey (10th place, achieving 420 percent) completed the top ten list.
A representative from William Russell stated: "Although South Korea might not lead globally in terms of total migrant population, comparing its latest statistics with those from 1990 reveals that the country has experienced the largest shift; over this period of three decades, there has been an increase exceeding 3,800 percent."
'Among the nations we've examined, Colombia ranks second for the largest increase in expatriates. This can be attributed to factors such as cost-effective living accommodations and the possibility of acquiring citizenship in just half a decade, making it an attractive destination for people looking to relocate.'
'Chile rounds out our top three spots. Its affordable lifestyle coupled with a high standard of living makes it an attractive choice for retired individuals.'
William Russell utilized UN statistics to identify nations experiencing the most rapid increase in their expatriate communities. To learn more, please proceed. www.william-russell.com/blog/growing-expat-populations/#google .
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