A survey by NatWest International Personal Banking has found that 92% of British expatriates feel they have a better quality of life abroad than they did in the UK.
The Quality of Life Report, undertaken in conjunction with think tank, Centre for Future Studies, surveyed British expatriates from across the world.
Furthermore, 63% of those surveyed do not plan to return to the UK. Among the other findings of the survey, 87% said their life abroad is better than expected; 91% are happier than they were in the UK; 90% are financially better off; 68% consider themselves healthier and 81% have a greater sense of wellbeing.
Canada was the top-rated destination for expatriates based on quality of life experience, followed by New Zealand and Portugal. Singapore and the United Arab Emirates fared less well, rated ninth and 10th respectively.
Almost all (99%) respondents said they have no regrets about emigrating, and they made a good decision to move. However, over three-quarters (76%) admitted to feeling homesick some or all of the time. The worst thing for expats is missing family and friends (73%). They also missed the traditions and culture (35%), the British sense of humour (27%) and even the pub (9%).
However, the feeling of wanting to be back home gradually decreases over time as one in five (20%) expats surveyed said their sense of being British has diminished, suggesting that expats begin to feel less British and more at home abroad the longer they have been living out of the UK.
Commenting on the report, Dave Isley, head of NatWest International Personal Banking, said: “The chance to work or retire abroad to a place in the sun has long been a desire for many Brits, and it is interesting to note for those considering the move to wider shores that the grass can indeed be greener on the other side. The NatWest IPB Quality of Life Index reveals that British expatriates are healthier, wealthier and happier; wherever they move to.”
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