Brits continue to move abroad

IFAs building up an expatriate client base will be pleased to learn that the number of Brits who yearn to live and work away from the UK shows no sign of diminishing.

In fact, this market could be booming as Currencies.co.uk reveals that nearly one in three (31%) UK employees say they would consider leaving the country to work abroad in the next five years in pursuit of better career prospects.

This latest research shows that 86% of would-be emigrants are drawn by the hope of a better work/life balance while 83% are attracted to the prospect of a higher salary.  Almost half (49%) would consider moving in the pursuit of better job security.  Indeed, 42% fear that losing their job will drive them to pursue opportunities overseas.

The younger sections of the workforce are most likely to consider moving overseas: over half (55%) of 18-24 year olds and 42% of 25-34% year olds said they’re considering leaving the UK, chiefly for better career prospects. Australia and New Zealand are the most popular destinations, attracting 70% of would-be emigrants.  http://www.currencies.co.uk