Money transfer abroad could improve quality of life

Making an international money transfer in order to set up a life abroad could lead to higher earnings and a better quality of life, it has been suggested.

The Natwest IPB global study of British expatriates has revealed that Brits living abroad tend to enjoy higher salaries and a more balanced life.

Around 87 per cent of expatriates rated their work/life balance as 'good' or 'excellent' in the study, which was conducted in partnership with the Centre for Future Studies.

"It seems the grass really is greener for Brits living abroad as our study shows," Davie Isley, head of Natwest international personal banking, commented.

"The fact that fewer expats say they will return to the UK in the future, compared to three years ago, proves that the pace of life, work life balance and earning potential abroad means life as an expat is sunnier in more ways than one - and that they are weathering the financial storm."

Salaries were recorded as being an average 20 per cent higher for expatriates than for people living in Britain and 90 per cent of those abroad claimed to be financially secure.

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Posted by Eleanor Ward