Good to know
Good to Know
- Milan hosts the second-largest East Asian community in Europe, anchored by China and the Philippines—home to the oldest Chinese community in Italy established in the 1920s.
- About 20% of Milan's population does not hold Italian citizenship, with notable annual resident turnover—26% of residents have been replaced in the last decade.
- The city's immigrant population is highly entrepreneurial: over 30,000 immigrants own businesses (twice the national average), primarily in commerce and services.
- Foreign-born residents primarily cluster in specific neighborhoods: Via Paolo Sarpi (Chinatown), Via Padova (described as Milan's most multicultural street), Porta Venezia (East African community), and the San Siro area (Arab-speaking communities).
- Milan is Italy's tech capital with a robust startup ecosystem ranking third in Europe by investment. The emerging MIND Innovation District and Spark Business District offer modern hubs for tech companies and remote workers.
- Over 5,000 foreign-owned businesses generate €221 billion in annual turnover, employing around 496,000 people and accounting for 35% of foreign business revenue in Italy.
- The city attracts international talent: more people move in than relocate away (3.4% annual registration vs. 2.6% cancellation rate), despite rising housing costs and post-pandemic remote work trends.
Population
- Year
- 2026
- Urban Area
- 3100000
- City Proper
- 1362863
- Metropolitan Area
- 6550000
Foreign Born Count
269397
East Asian Community
- Percentage Of City
- 5.36
- Size
- 76000
- Year
- 2023
- Description
- Second-largest in Europe after Paris
Notable Nationalities
Egyptian
- Characteristic
- Largest foreign community
- Notes
- About 25% of foreign-owned business operators
Filipino
- Characteristic
- Second largest; part of East Asian community
Chinese
- Characteristic
- Third largest; oldest and largest in Italy with ~37,000 residents in 2023; established in 1920s in Via Paolo Sarpi district
Peruvian
- Characteristic
- Top 5 community
Sri Lankan
- Characteristic
- Significant presence in East Asian diaspora
Japanese
- Characteristic
- Over 2,000 nationals
Korean
- Characteristic
- Over 1,000 nationals
East African (Eritrean, Ethiopian, Somali)
- Characteristic
- Historical community ~4,000; concentrated near Porta Venezia district since 1970s
Regional Distribution
Foreign Born By Region
- Percentage Unit
- Percent of foreign population
- Asia
- 40
- Africa
- 22
- Latin America
- 18
Foreign Born Percentage
19.6
Business And Tech Presence
Tech Ecosystem
- Coworking Spaces
- 100
- Regional Ranking
- Third in Europe by investment, after Paris and London
- Startup Count 2023
- 2669
- Makerspaces And Fablabs
- 12
Universities
- Count
- 7
Notable
- Politecnico di Milano
- Bocconi University
- University of Milan
Innovation Hubs
- MIND Innovation District (formerly Expo 2015)
- Spark Business District (Santa Giulia)
- PoliHub at Politecnico di Milano (ranked 3rd university incubator globally)
- Tech Europe Foundation (TEF) at Politecnico's Bovisa campus
- Bocconi For Innovation (B4i)
- Berkeley SkyDeck at MIND
- Accenture Customer Innovation Network (ACIN)
Fintech Presence
- Fintech Players
- 280
- Financial Companies
- 13800
- Note
- Almost half of Italy's fintech firms based in Milan
- Description
- Fintech capital of Italy
Major Tech Companies Present
- IBM
- Microsoft
- Amazon
Foreign Businesses
- Percentage Of Italian Foreign Business Turnover
- 35
- Count
- 5000
- Employment
- 496000
- Annual Turnover EUR
- €221,000,000,000
AI-generated estimateData refreshed July 2026
Sources cited for this category
These are the sources cited in this local demographics research for this city. Individual figures may not each trace to one of them.
More About Milan
Data last updated July 2026 · Verify anything important.