- 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 ranking first in Europe.
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, South Korea's expatriate population rose dramatically from 43,000 in 1990 to over 1.7 million in 2020, marking a staggering growth 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 growth observed.
South America has become an appealing option for expatriates, with Chile ranking third on the list. In 1990, the nation counted only 104,000 foreigners residing within its borders, which surged to approximately 1.6 million by 2020—a remarkable rise of 1,430 percent.
Bulgaria ranks fourth globally and leads 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 (fifth place), the number of expats significantly increased, jumping from approximately 821,000 in 1990 to around 6.8 million in 2020, marking 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, with 510 percent), and Turkey (10th place, having 420 percent) completed the list of the top ten countries.
A representative from William Russell stated: "Although South Korea might not lead globally in terms of total immigrant population, comparing its latest statistics with those from 1990 reveals that the country has experienced the largest shift; over this period, there has been an increase exceeding 3,800 percent."
'Among the nations we've examined, Colombia has seen the second largest increase in expatriates. Given that it provides cost-effective living accommodations and allows for potential citizenship after just half a decade, it's understandable why so many foreigners are choosing to settle here.'
'Chile rounds out our top three. With its affordable cost of living coupled with an excellent quality of life, Chile has become a favored location for retired individuals.'
William Russell utilized UN statistics to identify nations experiencing the most rapid increase in their expatriate communities. To learn more, please visit www.william-russell.com/blog/growing-expat-populations/#google .
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