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The number of foreigners living in South Korea increased by 3,896 percent from 1990 to 2020.
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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 ex-pat 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 foreign resident population increased dramatically from approximately 43,000 people in 1990 to over 1.7 million in 2020, representing a growth of nearly 3,896 percent.
In Colombia, the number of expats experienced the second-largest rise, soaring from merely 104,000 individuals in 1990 to 1.9 million in 2020, marking an impressive growth of 1,727 percent.
South America has become an appealing option for expatriates, with Chile ranking third on the list. In 1990, the nation counted only 104,000 foreign inhabitants but saw this number soar 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, representing a growth of 757 percent.
In Spain, which ranks fifth, the number of expatriates significantly increased, jumping from approximately 821,000 in 1990 to around 6.8 million in 2020, representing an increase of 732 percent.
Serbia (6th place, with 729 percent), Malta (7th place, at 661 percent), Iceland (8th place, with 582 percent), Finland (9th place, at 510 percent), and Turkey (10th place, with 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 the total number of international immigrants, comparing its latest statistics with those from 1990 reveals that the country has experienced the largest shift; over the last three decades, this figure has surged by more than 3,800 percent.”
‘Among the nations we’ve examined, Colombia ranks second for having the largest increase in expatriates. Given that it provides cost-effective living arrangements and allows individuals to qualify for citizenship in just around half a decade, it comes as no surprise that more foreigners are choosing to settle here.’
‘Chile rounds out our top three. Its affordable cost of living coupled with a high quality of life makes it an attractive choice for retirees.’
William Russell utilized UN statistics to identify nations experiencing the quickest expansion in their expatriate communities. To learn more, please visit
www.william-russell.com/blog/growing-expat-populations/#google
.
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