New poll finds 65% of Brits would consider moving abroad

by Ray Clancy on August 7, 2015

Almost two thirds of British people under the age of 40 are considering quitting the UK for a new life abroad, a new survey has found.

Some 65% of those surveyed in a poll conducted by independent financial advisory organisation the deVere Group, said they are ‘seriously considering’, ‘are thinking about’, or ‘would be tempted to’ move overseas.

UK voteThe poll also found that 22% said they would not consider leaving Britain and 13% replied to the question saying that they did not know.

France, Spain and Australia are often regarded as popular destinations for would-be expats but this poll found that the five most popular destinations where people would move to if they were given the opportunity are New York, Sydney, Cape Town, Dubai and Hong Kong.

‘The survey perhaps challenges the traditional perceptions of who emigrates from the UK. Often it is assumed that British expats are pensioners who relocate during retirement to sunshine destinations such as the Costa del Sol, the Australia’s Gold Coast and Florida,’ said deVere Chief Executive Officer Nigel Green.

‘And whilst it is true, of course, that a considerable number of British pensioners do head to these places, we’ve found that there’s a significant, and growing, number of the UK’s working population who are considering moving abroad,’ he explained.

‘The individuals we polled in this survey are all of working age and vast majority told us that the primary driver for relocation would be to further their careers for the enhanced lifestyle opportunities that higher salaries would afford them,’ he added.

Green pointed out that the top five locations are all dynamic, English speaking, economically robust international business hubs famed for their high earning potential and this could be why they are the most popular.

The survey also asked what reasons were behind wanting to move from the UK and these included high taxes and living costs. Crime levels and a poor climate, were also highlighted by the majority of those who indicated they are considering quitting Britain.

‘My job involves flying to our network of global offices and meeting the consultants who work alongside expats to achieve their financial goals. It is certainly our experience that wherever British expats choose to live in the world, there is an overall sense of well-being. Typically our expat clients report that they feel generally more financially and personally fulfilled than they would in the UK,’ said Green.

He also pointed out that it is likely that there is a likely combination of reasons for this such as the novelty factor of living abroad, perhaps better weather than in the UK, often higher salaries and the fact they are able to use their status to their financial advantage.

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