Tuesday, November 26, 2013

Australia: Major Cities Continue to Attract British Citizens as Expats, Given Concern for Social Welfare

According to The Telegraph, Australia’s major cities continue to attract the lion’s share of British citizens relocating in search of a better life. 

Four cities Down Under make it into the top ten most popular destinations for Brits to move to with Perth taking top spot, according to a survey by http://www.movehub.com, an online marketplace for expats. 

Perth, on the west coast of Australia, enjoys good beaches and a world-class zoo and aquarium. Most people work in mining, agricultural or public administration roles. 

Sydney and Melbourne came in second and third place, respectively, on the list.
 
COMMENT: The rest of the cities making up the top 10 are Dubai, which has climbed up the rankings since 2012, Auckland, Cape Town, Brisbane, Singapore, Berlin and Toronto. 

Dropping off the list for the first time is New York City and Hong Kong, very likely due to rising property values.

MoveHub expects São Paulo to sneak in or near the top 10 next year, as the heart of the Brazilian economy, along with the Middle Eastern cities of Doha and Oman. 

Lagos is also predicted to feature, according to Holloway, with workers likely to be lured by tempting salaries paid to expatriates employed in the Nigerian oil and gas industries. 

A large number of Britons who are thinking of relocating are over fifty years of age. Almost half of UK residents in that age group are tempted to move abroad in retirement, with the cost of living the primary motivation, according to a recent survey from financial advice group, deVere. 

The MoveHub poll revealed that the over-50 crowd, particularly in the UK, have concerns about retiring at home, due to the standard of care for the elderly, quality of life and harsh weather conditions.