British Economy Forcing Britons to Expatriate - Fact!

Well done to the labour government in the UK – their poor policymaking and damaging bank bailouts have resulted in a position where one in five young people under the age of 25 are unemployed in Britain and where up to 11 million Brits are actively contemplating going in search of a working life abroad.

The British economy is forcing Britons to expatriate – it’s a fact proven by a recent far reaching survey into how damaging Britain’s poor economic state is for ‘real’ people living, working and trying to make a living in the UK.  The findings are shocking and should serve as a stark warning to politicians in the UK that you cannot continue to disregard the populous because when pushed too hard they will vote with their feet.

Now you may be loyal to Great Britain and be of the opinion that if people want to leave, just let them go.  However you need to bear in mind the big fat budget deficit shaped hole that is engulfing and eclipsing the UK, we have no way of making it any smaller than to get the taxpayer to pour billions into it.  And if 11 million Britons of working and taxable age vacate these shores, the burden of responsibility grows in direct proportion for all those who remain!

The report that suggests up to 11 million British people of working age would like to leave Britain and go in search of a more affordable life abroad where there are jobs aplenty is from Foreign Currency Direct.  They were encouraged to look into the trend of Britons expatriating after they experienced a 37% increase in requests for assistance from British clients who were moving funds – and their families – to the likes of America and Australia.

The report has revealed that almost one in four working age individuals in the UK who were surveyed would indeed consider moving abroad for work and a better quality of life.  23% of those questioned revealed that living abroad was more than just a dream now that the recession was pushing their backs against the wall in Britain in terms of restricting their choices.  The survey showed that men were more likely to consider a move abroad for employment than women – and that they would take their families with them…20% of men questioned said that yes, they would work overseas.  And surprisingly, it was not just the younger age groups who would relocate because of poor employment prospects in UK – up to 10% of 51 – 60 year olds would also work overseas for more job choice and a better quality of life.

The nations favoured by those specifically thinking of working for a living overseas were those where English was the first language.  This makes sense because unless fluent in a native tongue you have less chance of securing good, well-paying employment.  Naturally Australia faired very well because of the positive lifestyle benefits it also offers – and because the cost of living there is far cheaper than living anywhere in the Eurozone these days!  New Zealand, America and Canada were also firm favourites.

When comparing the quality of life available, Foreign Currency Direct examined the cost of living – and in Australia the average cost of 41 every day purchases common to a British person living abroad such as their groceries, services, meals out and leisure activities ranged from £1,897 a month in Australia to £2,210 in Canada or a whopping £3,124 in France where the euro is still raging ahead against the pound.

Britain’s poor economic state is forcing its citizens into actively contemplating an escape abroad to find employment and a better quality of more affordable life – and because the economic situation it is in is so dire and predicted to restrict Britons for generations, we wouldn’t be surprised if the levels of those leaving the nation increase over the coming years.