Expats happily retired abroad
Here is some Expat news that has appeared in the press over the past couple of days. If you are looking to retire in spain, Swingles Casas can help
“Britons are the least likely to retire at home, according to a new survey revealing that more than half of us plan to desert the UK in favour of a sunnier climate. Better weather and a fiesta lifestyle have obvious appeal
Spain is a firm favourite for British retirees with almost one in four picking it as their preferred retirement destination. In second place came the US, with Australasia and France filling the next two places.
” from The independent Sunday, 15 August 2010
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The third annual NatWest International Personal Banking (NatWest IPB) Quality of Life Report reveals that almost three-quarters of retired expats, or 71 per cent, say they have no regrets about the decision.The survey was carried out by the Centre for Future Studies for NatWest Bank among 1,300 retirees. It also found that nine out of ten of expat retirees live among the indigenous population of their adopted country rather than among fellow Britons in communities of exiles.
The survey suggested there are two types of British expats: those who have spent their working lives in the UK and have chosen to retire abroad – which the report’s authors dub ‘silver expats’ – and those who left the UK to work abroad and subsequently retired in the country in which they had been living, which here are referred to as ‘lifer expats’.
NatWest International Personal Banking’s Dave Isley told the Daily Mail: “Retiring abroad is still very much a popular choice and expats are happy with their chosen life paths.”
He continued: “It’s encouraging to see that the majority of expats believe they made the right decision in retiring abroad and are living their chosen dream. It is enlightening that 92 per cent of expats chose not to retire to a designated expat community. This seems to emphasise the notion that expats have retained a sense of adventure.”
He added: “They really do want to start afresh and experience life as a local rather than settle with other expats. By immersing themselves in a full, enriched life as a local, retired expats can certainly learn and gain more from their time abroad.”
The survey also revealed that nearly six out of ten retirees abroad feel their experience has been better than they expected.” from holidaylettings.co.uk 8 September 2010
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