If homesickness is the curse of life as an expat, then millions of Britons abroad are bearing up manfully.As Britain’s economy continues to stall and the country recovers from the summer riots, hundreds of thousands have decided to scrap plans to come home.
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Research from Lloyds TSB International published today confirms that of the 5.5 million Brits living in Bulgaria and other overseas countries, 69% say they will stay away from Britain permanently as the UK is now ‘more expensive, less safe and offers a lower quality of life’.
More than two thirds of expats, 3.74 million, say they are happier living abroad, with 825,000 having cancelled their plans to come back during the last 12 months, while 74% say their quality of life is better abroad, 64% say they are wealthier and 52% say their cost of living is lower. Furthermore, many believe, generally, that living abroad is beneficial for their children as it offers the experience of another culture and the opportunity to learn a language, while 51% state that their particular country of residence is a better place to raise children.
Tony Wilcox of Lloyds TSB said:"Expats have an enlightening view of the UK, having experienced life both home and away, so it is worrying that life in Britain appears so bleak when viewed through their eyes."
Commenting on the findings, David Livingstone, CEO of MovetoBG.com said, "This follows the trend that we have been seeing in Bulgaria through the course of this year and, while we can't speak for other countries, it's evident that the key factors encouraging people to move - and stay - here include the comfortable cost of living, the relaxed lifestyle and the extremely attractive price of properties, currently the lowest in Europe."
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More than two thirds of expats, 3.74 million, say they are happier living abroad, with 825,000 having cancelled their plans to come back during the last 12 months, while 74% say their quality of life is better abroad, 64% say they are wealthier and 52% say their cost of living is lower. Furthermore, many believe, generally, that living abroad is beneficial for their children as it offers the experience of another culture and the opportunity to learn a language, while 51% state that their particular country of residence is a better place to raise children.
Tony Wilcox of Lloyds TSB said:"Expats have an enlightening view of the UK, having experienced life both home and away, so it is worrying that life in Britain appears so bleak when viewed through their eyes."
Commenting on the findings, David Livingstone, CEO of MovetoBG.com said, "This follows the trend that we have been seeing in Bulgaria through the course of this year and, while we can't speak for other countries, it's evident that the key factors encouraging people to move - and stay - here include the comfortable cost of living, the relaxed lifestyle and the extremely attractive price of properties, currently the lowest in Europe."
Related articles:
Brits On The Move Trigger New Property Purchase Trend
46% of Brits Considering Emigration as a Lifestyle Choice
Bulgaria a Top Choice for 46% of Brits Planning to Emigrate
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