1 in 3 young Koreans who leave Seoul return within 2 years, report finds
About 1 in 3 young Koreans who move to regions outside the capital return to the Seoul metropolitan area in less than two years, underscoring the persistent struggle of regional cities to hold onto young residents. According to a report by the Korea Institute for Industrial Economics & Trade, released Wednesday, 34.9 percent of young people who moved away from the Seoul metropolitan area to regions outside the capital eventually returned, with an average stay outside the capital region of just 1.6 years. Of all young people who migrated between the two regions, 42.7 percent moved from non-capital areas to the Seoul metropolitan area and settled there — the highest share of any migration pattern. By contrast, only 21.3 percent made the reverse move and remained outside the capital region. The findings are based on data tracking the migration of about 1.45 million individuals aged 19 to 34 from 2016 to 2022. Economic opportunity was the primary pull factor. In a separate survey of 800 respondents last year, work or business ranked as the top reason for leaving their home regions, at 45 p