Cost of living driving uptick in overseas retirement considerations

A total of 64% of those surveyed by deVere Group have ‘seriously considered', ‘are thinking about', or ‘would be tempted' to retire abroad - a jump from the 59% who said that they will consider leaving the UK in a similar survey carried out five years ago. The top five countries being considered as possible destinations for relocation in retirement are Spain, Australia, France, Thailand and Mexico. According to chief executive Nigel Green, the prime motivator for this shift is financial. "The cost of living has been increasing across the UK since early 2021, with inflation hitting ...