Brits could move abroad to escape unemployment and potential debt problems.
17 September 2009
A high proportion of Brits may be so worried about the lack of jobs in the UK causing them to require a debt management plan that they are considering moving abroad.
Recent figures from Foreign Currency Direct show almost one in four (23 per cent) people are contemplating working overseas within the next two years.
It equates to around 11 million Brits thinking about leaving the country - a fifth of whom would choose Australia as their destination of choice, the survey revealed.
Commenting, chief executive Peter Ellis said it is unsurprising people are thinking of moving to avoid the possibility of debt.
"In the last year, Foreign Currency Direct has seen a 37 per cent increase in the number of clients transferring funds to Australia and the USA as Britons look overseas for a better quality of life," he stated.
The study found men are more likely than women to take a job abroad, with 20 per cent of males saying they would, compared to 11 per cent of females.
Meanwhile, first-time buyers could be among those considering a move abroad after Propertyfinder.com suggested they are still getting "a very raw deal" on mortgages.
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