Many young people may look to buy international medical insurance as they head overseas seeking to improve their quality of life.
According to a poll conducted by Post Office International Payments, 33 per cent of people in the UK aged between 18 and 34 have considered moving to a new country, enticed by the prospect of a higher salary or better career opportunities.
The most common reason given for relocating abroad was a better quality of life, with 63 per cent wanting to escape the weak employment and housing markets in their home country.
Spokeswoman for Post Office International Payments Sarah Munro said: "The combination of financial constraints and a difficult job market is making a move overseas look more and more attractive for young people from the UK."
Recently, it was observed by the NatWest International Personal Quality of Life Index that 70 per cent of expat entrepreneurs believe they have been more successful because of their decision to set up a business overseas.