Majority of UK emigrants of working age

Majority of UK emigrants of working age
Published:  21 Dec at 9 AM
A Home Office report shows that in 2011 around 350,000 people from the UK travelled abroad with the intention of spending more than a year in another country. Of that number, 43 per cent were British citizens. The Emigration from the UK report showed that 72 per cent of those were moving to another country for work and that many were in managerial or professional positions.

As has been the case for the past two decades, Australia is the most popular destination for longer-term expats. Other popular destinations include New Zealand, Canada, Germany, France, the US and Spain.

The report claims the UK is ranked at number eight in terms of nations with the most citizens living in a foreign country. Between 2008 and 2010, 89 per cent of Brits choosing to emigrate were of working age. The number of people retiring abroad hit a peak in 2006, but has since been falling.

The report points out that a rise in the price of property may have made it easier for retirees to raise the funds for a life abroad, although the situation may have changed since the global financial crisis.

The study also reveals that when unemployment is high the number of people moving out of the UK falls. The number rises as the number of people without work falls. The indication is that as the UK’s economy recovers the number of people deciding to start a new life abroad will rise.