NatWest International Personal Banking's research from its latest Quality of Life Index shows how the motivation and triggers for expats have changed over the last five years. British expats are now more likely to move abroad primarily for career progression and challenges - with lifestyle as a secondary factor.
Economic prospects, which include higher salaries and a less burdensome tax regime, remain high on the list of reasons for Brits moving abroad. In terms of where expats are heading, the demand for our professional skills in the Tiger economies is growing. This has led to an 18% increase in the number of expats working in China and Singapore whilst the number working in the US has decreased by 11%. Dave Isley, Head of Personal Banking, say that expats are not a holistic group, but multi-complex in terms of their reasons for migrating, choice of destination country and attitudes and behav...
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