Sep 16, 2024, 11:28 AM
Sep 16, 2024, 11:28 AM

expats flock to small country: a rising trend since 1990

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Highlights
  • South Korea has seen a 4,000 percent increase in its international migrant population from 1990 to 2024.
  • Colombia and Chile follow with significant increases of 1727.24 percent and 1,430.23 percent, respectively.
  • These trends indicate a shift in migration patterns, with countries outside Europe becoming increasingly popular among expats.
Story

Since 1990, the global landscape of international migration has transformed significantly, with South Korea emerging as a notable example. The country has experienced an extraordinary increase in its international migrant population, soaring from 43,247 in 1990 to 1,728,182 by 2024. This represents a staggering 4,000 percent growth, making it the nation with the most substantial change in immigration patterns over the past three decades. Colombia follows closely, with a remarkable 1727.24 percent increase in its migrant population, rising from 104,277 to 1,905,393. This surge indicates a growing trend of individuals seeking new opportunities and experiences in South America. Chile also stands out, with a 1,430.23 percent increase, highlighting the region's appeal, particularly for retirees attracted by the low cost of living and high quality of life. Bulgaria and Spain round out the top five countries with significant increases in international migrants, with Bulgaria experiencing a 757.10 percent change and Spain a 732.78 percent rise. These statistics reflect broader global trends in migration, where individuals are increasingly moving to countries that offer better living conditions and opportunities. The data underscores a shift in migration patterns, with countries outside of Europe, particularly in East Asia and South America, becoming popular destinations for expats. This trend suggests that the motivations for migration are evolving, as people seek not only economic opportunities but also improved lifestyles in diverse regions around the world.

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