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British expats vow to stay abroad despite squeeze on incomes

Posted on by peteradmin247

British expats vow to stay abroad despite squeeze on incomes

17 Sept 2011

More than half of British expats will continue to live abroad despite rises in the cost of living leaving them out of pocket, according to a recent survey…

The study, by currency dealer Moneycorp, shows that over 50 per cent of expats say that while they moved abroad for a better standard of living, their incomes have actually plummeted since the economic downturn.

Despite these factors, nine out of ten expats said that they would continue to live abroad, with 25 per cent saying that they would rather move to another country before considering moving back to the UK

More than half of British expats will continue to live abroad despite rises in the cost of living leaving them out of pocket, according to a recent survey

 

The study, by currency dealer Moneycorp, shows that over 50 per cent of expats say that while they moved abroad for a better standard of living, their incomes have actually plummeted since the economic downturn.

 

 

Despite these factors, nine out of ten expats said that they would continue to live abroad, with 25 per cent saying that they would rather move to another country before considering moving back to the UK.

 

 

 

 

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