Britain reports the highest rate of growth in permanent immigration among OECD countries!
Permanent migration to OECD countries is at an all-time high, with 11 countries seeing record arrivals. The total number of people who moved to an OECD member in 2023 is over 6.5 million. The amount excluding Ukrainians under temporary protection status is the highest on record with a 10% increase from 2022.
The US was the top destination in 2023, with 1.2 million new permanent immigrant residents. The UK moved up to second place with an unprecedented 750,000 new arrivals - a remarkable 52% increase from 2022 and the highest growth rate among all OECD member countries.
Over half of migrants who moved permanently to the UK for work reasons did so under a health and care worker visa. Germany ranks third in terms of the total number of new immigrants, followed by Canada, Poland, Spain and France.
In addition to the UK, Poland, Hungary, Australia, Canada, France, Finland, Japan, South Korea, Luxembourg and Switzerland all recorded record levels of immigration, according to the report. South Korea reported the highest growth rate after Great Britain (+50.9%), followed by Australia (39.7%).
On the other hand, the biggest declines were recorded in Turkey (-46.3%), Estonia (-36%), Lithuania (-32%), New Zealand (-23%) and Israel (-38%).
What are the largest nationalities moving into the OCED area?
Apart from Ukrainians, Indians constituted the largest nationality moving to OECD countries (560,000) followed by Chinese (over 300,000) and Russians and Romanians (around 270,000 each). Most people have moved for family reasons (31%) and for work (20%).
In the EU, most are employed in mining and manufacturing (17.6%), and in wholesale and retail trade and hotels and restaurants (13.5%).
Immigrants are more likely to be self-employed
Immigrants account for an average of 17% of self-employed people in the OCED area, while in two-thirds of OECD countries they are more likely to be self-employed than the native population.
This is especially true in Colombia, where the gap between foreign-born and native-born entrepreneurs is 7.4%. Slovakia (5.6%), Hungary (5.4%) and the Czech Republic (4.8%) had the highest rate differences in the EU.
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