BRITS ABROAD: Mapping the Worldwide Expat Explosion
BRITS ABROAD Mapping The Worldwide Expat Explosion It's no secret that Britain doesn't exactly have the best weather in the world, but apart from the weather there are numerous other reasons why thousands of Brits quit the UK for life abroad. Here is an insight to where people migrate to and why. How many people left the UK in 2013? It would seem that people are leaving good old Blighty in their thousands: 2013 In contrast, 532,000 immigrants to the UK took their place in the same period 2012 320,000 British citizens left the United Kingdom for a new life abroad 12,000 more people left the UK in 2012 What are the main reasons for people leaving the UK? People quit the UK for all sorts of personal reasons: People want to live somewhere that offers more year-round sunshine Lower cost of living in comparison to the United Kingdom The prospects of earning more money doing the same kinds of work The need for a better quality of life Access to an improved health care system Lower taxes, especially on earnings and savings The opportunity to diversify investment portfolios People are attracted to the idea of buying cheaper and bigger properties abroad Lack of culture in the United Kingdom The need to pursue happiness that they feel they cannot get by staying in the UK Not wanting to be part of a country that doesn't want to share their beliefs and views What are the Top 10 Countries that Expats enjoy living in the most? Australia is not the number one country Expats enjoy living in, believe it or not: 7. Russia 6. Canada 2. Germany 1. China 8. Belgium 4. Cayman Islands 10. Hong Kong 9. United Arab Emirates 3. Singapore 5. Australia »What's so great about China? » Jobs are plentiful for skilled professionals » Skilled jobs pay more than in the UK » Expats have a better work-life balance Sources: http://www.ons.gov.uk/ons/rel/migration1/migration-statistics-quarterly-report/february- 2014/index.html http://www.expatexplorer.hsbc.com AES Financial Services for Internationals & Expats INTERNATIONAL AES International of London -Advising Clients Woridwide
BRITS ABROAD: Mapping the Worldwide Expat Explosion
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