Call us today: +44 (0) 20 3551 6634
Fewer expatriates have plans to return to the UK than ever before, with those in Australia most likely to stay put in their lives abroad.
This is according to research carried out by Lloyds TSB International, which found that 79 per cent of expats intend to live abroad indefinitely.
When a similar study was undertaken two years ago, 60 per cent of expats said they did not expect to go back and live at home.
Further to this, of those expats questioned in Australia, nine out of ten said that they would continue to live in their adopted country.
In terms of quality of life, 74 per cent of all those included in the study said that it had improved since moving abroad, with just seven per cent saying it hadn't.
France is the destination where the most expats said that they were happy with their quality of life when compared to their experiences in the UK.
Another aspect of the research was designed to find out the motivation for moving abroad in the first place, which led to 26 per cent of respondents citing the economic downturn as the main reason.
This is an increase from 17 per cent who blamed the situation on the economy when asked 18 months previously.
Richard Musty, private bank director at Lloyds TSB International, said: "Expats are increasingly turning temporary overseas work into a permanent move and it does seems that the UK is losing its allure for many people who have experienced different cultures and lifestyles.
"Availability of jobs and the cost of living certainly plays a role, but as our research shows, lifestyle factors can also be decisive in where people chose to live."
The research took the opinions of 1,168 British expats, living across 13 different countries, into account.
When contemplating moving abroad it is a good idea to talk to others who have relocated in order to understand the types of challenges that can be expected.
Expatriate Healthcare specialise in providing international health insurance. Make sure you're protected. © Expatriate Healthcare
Expatriate Group.Delmon House,36-38 Church Road,Burgess Hill,West Sussex,RH15 9AE
Registered Address.35 Ballards Lane,London,N3 1XW
Tel: +44 (0)20 3551 6634Fax: +44 (0)870 428 5141Email: email@example.com
Short Term Healthcare Insurance
Travel Medical Insurance One Way Travel Insurance Single Trip Travel Insurance Annual Multi-Trip Travel Insurance Non UK Resident Travel Insurance Business Travel Insurance
About Us Useful Links Leave a Review Our Awards The Press Room Satisfaction Survey Downloads Legal Notice Underwriters Hospital List
Emergency Assistance information Short-Term Healthcare Working Abroad Insurance Thailand Health Insurance
Register as an Intermediary Opportunities for Brokers
Expatriate Group & Expatriate Healthcare are trading styles of Strategic Insurance Services Limited who is authorised and regulated by the Financial Conduct Authority (FCA). FCA Firm reference Number is 307133. Strategic Insurance Services Limited is authorised to carry on Regulated Activities in accordance with the permissions granted by the FCA under PART IV of the Financial Services and Markets ACT 2000.