- Business
- Childbirth & Education
- Legal Formalities
- Motoring
- Other
- Pensions & Benefits
- Property & Accommodation
- Taxes
- Airports and Airlines Spain
- Paramount Theme Park Murcia Spain
- Corvera International Airport Murcia Spain
- Join us for Tea on the Terrace
- When Expat Eyes Are Smiling
- Meet Wincham at The Homes, Gardens & Lifestyle Show, Calpe
- QROPS 2014
- Spain Increases IHT in Valencia & Murcia
- Removals to Spain v Exports from Spain
- The Charm of Seville
- Gibraltar Relations
- Retiro Park : Madrid
- Community Insurance in Spain
- Calendar Girls
- Considerations when Insuring your Boat in Spain
- QROPS – HMRC Introduces changes that create havoc in the market place
- QROPS – All Change From April 2012
- Liva & Laia : 15th November
Over half (52 per cent) of British expatriates who relocate abroad cannot imagine themselves moving home, research by Lloyds TSB International has revealed.
The study found the primary motivating factors for people to seek a new life abroad is to pursue a better career and salary options, with 29 per cent of employees aged 45-55 years citing this as their main reason for leaving.
Spain, France, South Africa and the US attract the longest-staying expats, while fewer tend to stay for more than ten years in the UAE or Hong Kong.
However, while many are not keen to move back to their home countries, three-quarters retain ties with their families and regularly visit the UK.
Managing director of the banking institution Jakob Pfaudler said he could understand the value of keeping in touch.
"Research shows that moving countries carries with it a huge emotional investment and it takes on average one to two years before an expat establishes a social network and starts to feel settled" he explained.
Meanwhile, the Moroccan government has earmarked a fund to provide its expatriate residents with access to legal, financial and social advice.