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British expats have more disposable income

Brits living abroad say they have more ready money than they had before they moved.

According to the latest Expat Explorer Survey from HSBC Bank International, 82 per cent said they are better off and few wish to give up their new life abroad.

The bank’s poll found globally just 15 per cent of expatriates were planning on returning home thanks to the recession, but for British expatriates this figure was lower – 91 per cent said they had not even considered going home.

"Despite expats in the UK and US considering a move home we also found that the majority of expats are staying put despite growing employment uncertainty across many regions," commented Paul Say, head of marketing and communications at HSBC.

Expat locations most affected by the credit crunch include the US, Thailand and South Africa, while expats living in the UK are most likely to head home.

A separate poll by NatWest International personal banking has revealed New Zealand to offer the best quality of life for British expatriates.ADNFCR-1788-ID-19240320-ADNFCR

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