Employees plan to emigrate

The overseas property market could be boosted by growing migration from the UK, new figures have suggested.

According to a study by YouGov, one in four British workers are considering relocating to another country.

The ongoing downturn in the domestic economy, which the chancellor has described as the worst in 60 years, was named as the main reason for this development.

Andy Brown, spokesperson for YouGov, commented: "These results show how quickly employees are responding to the nose-diving British economy."

While the figures may be alarming for businesses in the UK, they could represent good news for the overseas property industry, as professional expats may opt to purchase a residence in their new home.

According to a recent poll commissioned by the government, young people in Britain are particularly keen to live and work abroad.

The study revealed that many 11 to 18-year-olds in the UK aspire to develop their careers in places such as Spain, Italy and France.

 

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