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Britons flee rising living costs

Article Date : Saturday, July 26, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Britons flee rising living costs

The increasing cost of living in the UK is prompting many people to leave the country, experts have revealed.

According to Shelter Offshore, more and more Britons are choosing to relocate as they are facing too many financial constraints at home.

Turkey was highlighted as the main hotspot for this group, as it offers a number of financial benefits to expatriates.

For example, it was said to have relatively low house prices and a highly affordable cost of living.

Commenting on the country, Rhiannon Davies of Shelter Offshore observed: "The cost of living can be a fraction of that in the UK if pensioners shop wisely and live relatively carefully."

She added that Turkey is also the "ultimate choice" for many British expatriates because it is easily and affordably accessible from the UK.

According to a recent study by NatWest, 91 per cent of expats from the UK are much happier than they were in the UK, while a similar proportion claims to be better off financially.

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