"Down under" comes top for people moving abroad

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Moving "down under" is top of the list for people across the UK who are thinking about starting a new life abroad.

Research from the Post Office shows that over a quarter of Brits have considered a move overseas, with a further fifth remaining open to the idea - in search of better quality of life, a warmer climate, adventure or a better work life balance.

Given our poor language skills it's not surprising that English-speaking countries are the most popular destinations.

Australia is the most tempting destination – just over a fifth of people say they would most like to live or work there, followed by the United States of America (18%) and Canada (14%). Spain came in fourth place (10%) and was also the highest placed country where English isn't the first language.

For those looking to live or work overseas, the average amount of time people expect to stay is around seven years, giving them plenty of time to fully immerse themselves in the culture and enjoy a different way of living.

Perhaps unsurprisingly, the thought of missing family and friends is one of the biggest deterrents to making a move abroad - with 58% saying they would miss their family too much, and over a quarter saying they would miss their friends.

Top 10 incentives to live overseas
Improved quality of living 1
Warmer climate 2
Experience a new culture 3
The adventure of living abroad 4
Improved work/life balance 5
High cost of living in the UK 6
Higher salary 7
Better career opportunities 8
Better places to bring up children 9
Combine travelling with getting paid 10

Sarah Munro from Post Office International Payments said: "Living and working overseas is a tempting thought, with many people considering a move abroad at some point. However, taking the plunge is a big emotional and financial upheaval, and it isn't surprising that the worry of leaving family and friends is the main barrier.

"To help negate the natural worry and stress of moving overseas people should get their finances organised in advance. For anyone who is looking to set up home in a new country, the Post Office International Payments service offers fee-free international money transfers - to help with house deposits and any other set-up costs - and doesn't have to break the bank."
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