Foreigners moving to Korea hits all-time high
The Winter Olympic Games hosted in PyeongChang last year and the growing popularity of K-pop are increasing the country’s brand recognition and contributing to the inflow of foreigners.
According to Statistics Korea on Thursday, last year 495,000 foreigners entered Korea and stayed for more than 90 days. While that figure includes people coming in on tourist visas, that subcategory is only 6 percent of the total.
The total is up 9.4 percent from last year and an all-time total.
The number of foreigners leaving the country also reached an all-time record. Last year, 365,000 foreigners living in Korea for more than 90 days departed, which is a 4.7 percent increase from 2017 or 16,000 more.
Among the foreigners, Chinese accounted the most, at 169,300, followed by 80,000 Thais and 56,000 Vietnamese. Visitors from the three Asian countries accounted 61.7 percent of total number of foreigners entering Korea with plans for an extended stay.
Americans were number four, at 21,000.
In the case of Chinese, 12,000 more came than in the previous year, a 7.6 percent increase. The number of Thais rose 9,000, a 12 percent increase, while 8,000 more Vietnamese came to Korea for long-term stays, which is a 16 percent increase.
The number of Mongolians arriving for extended visits dropped 2,000, while 1,000 fewer Cambodians came.
While 39.5 percent of those coming for more than 90 days came for visits, 25.4 percent came for jobs and 13.9 percent for studying and training. Foreigners of Korean ethnicity were 11.1 percent of people staying for more than 90 days.
Last year, 126,000 people came for employment, which is 5,000 more than the previous year, or a 4 percent increase. Of those, 107,000 came for non-professional employment, like factory jobs, 3,000 more than the previous year.
The report found that among Chinese visitors, 28 percent came to Korea for employment purposes, while for Vietnamese the more popular reasons were to study or for training.
The statistics agency cited the growing interest in Korean pop culture as one of the reasons why young Vietnamese traveled to Korea to study.
For Thais, 90.9 percent came for visits, while 7.8 percent came in on work visas.
But the statistics agency said in the case of Thailand, while they have entered the country on short-term visas that allow them to stay for only 90 days, many have not left Korea, becoming illegal immigrants.
“Most of the foreigners coming on short-term visas are supposed to stay for only 90 days,” said a Statistics Korea.
“But once they stay for more than 90 days, they are categorized as illegal aliens.”
Other reasons for long-term stays included immigrating to Korea and as well as marrying Koreans.
The study found that the majority of people coming to stay in Korea were men and that many of the foreigners who traveled to Korea were young people in their 20s. Last year, 269,000 foreign men came to Korea and stayed for more than 90 days, 54 percent of the total.
The number of both men and women coming increased by more than 9 percent when compared to the previous year.
By age, those in their 20s accounted for the most. Last year 173,000 foreigners in that age group entered Korea, 35 percent of the total. The number of people in their 20s increased 12.3 percent year-on-year.
The second largest group by age was those in their 30s. Last year, 111,000 came, or 22 percent of the total an 8.8 percent increase on year.
A total of 65,000 people in their 40s came, up 6.7 percent.
BY LEE HO-JEONG [email@example.com]
More in Economy
Cash is truly king in time of coronavirus
When settling for a studio apartment is too expensive
Bill creates new rental protections for small businesses
Moon gets creative with New Deal as funds are established
Stats show a dearth of cheap digs, politician claims