It’s estimated there are up to 5.5 million1 British people who live and work abroad. We explore the top 10 places British expats move to and what is retaining them. Whether it is the economy, sunshine hours or holidays, read on to find out.
Whatever the reason for relocation, these global adventurers often choose to keep a foothold in the UK property market whether by renting out their former UK residence or purchasing property to let.
Expat mortgages are a specialist area of the buy-to-let mortgage market. Paragon offers expat mortgages via mortgage intermediaries. Mortgage intermediaries can find out more about Paragon’s range of buy-to-let mortgages here.
Note 1: IPPR: Brits Abroad: Mapping the scale and nature of British emigration, 11 December 2006
Note 2: Expat numbers sourced from International Migrant Stock: the 2017 revision, United Nations Department of Economic and Social Affairs, Population Division