The “Global Expatriates: Size, Segmentation and Forecast for the Worldwide Market” report stated that there are roughly 50.5 million expats worldwide, and the figure is expected to reach 56.8 million by 2017 – which is 0.77 percent of the total global population. Over the past five years, there has been a compound annual growth rate of 2.4 percent. Saudi Arabia has the most expats and India has the highest rate of citizens expatriating.
Life can be sometimes really difficult for expats when they enters a new country. They don’t know people to connect with or places to go to. With Cogofly, expats will be able to reach a community of peaple either already settled in their place and likely to help them or people from their country.
Expats all around the world
More than 50.5M people lives abroad :
- Professionals, working abroad, staying for an indeterminate period of time.
- People travelling abroad to get a better lifestyle. This include retired people leaving for tropical destination.
- International students studying abroad
- Economic migrants leaving their country for a better life