Spain is well known as a dream destination for those looking to move abroad, but expat insurance provider William Russell has listed the most expat-friendly countries after Brexit. Its experts considered health care, retirement options, education, cost and culture to design its guide to help people decide what they need to make the life-changing move. life as easily as possible.
Spain remains the best country Britons choose to move to due to its habit of the British way of life as well as its beaches, sunshine and easy way of life, according to William Russell. Around 750,000 British expats already live in Spain.
There are around 120,000 retired Britons living among the 10 million people aged 65 in the country, making it one of the best countries in the world for people who want to retire abroad.
However, bureaucracy, slow customer service and crowded beaches are identified as potential downsides.
Its low cost of living, standard of healthcare and history explain its appeal with 600,000 expats having already crossed the pond.
The United States takes second place and is praised by the insurance provider for its high level of education, employment opportunities, natural beauty and common language.
However, William Russell warns anyone attracted to the United States to beware of the high cost of health care, the complex tax system and the expenses associated with moving.
Third on the list is France, where 180,000 Britons already live.
La Republique’s troubled food, wine, health and property market are identified as advantages, although the high cost of childcare, language barrier and French bureaucracy feature among the disadvantages.
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It is already home to around 66,000 British expats, according to William Russell.
Anyone wishing to retire in Italy must apply for an elective residency visa through the Italian embassy or consulate before moving to the country.
However, minimum income criteria must be met: £26,000 (€31,000) for a single person; £32,000 (€38,000) for a married couple plus an additional £17,000 (€20,000) per dependent or child.
According to 2019 data from movehub.com, Australia has the most Britons with 1,262,204 expatriates. It is followed by the United States (716,260), Canada (531,584), Spain (302,020) and Ireland (293,061).
William Russell’s relationship manager, Joe Holden, said: “Commonwealth countries are good options with Australia and New Zealand among the most popular destinations for moving overseas after Brexit.
“It is estimated that there are around 1.2 million British expats living in Australia. Also in the top ten is South Africa. With its sunny weather and reasonable property prices, it’s easy to see why it is such a popular option for moving abroad.
“Canada is also one of the best countries in the world for British expatriates with over 531,000 Britons living there.”
Since the Brexit referendum in 2016, William Russell says there has been a huge increase in the number of Britons moving abroad.
It says the number of Britons emigrating to other countries has increased by 30% since the vote, although more British citizens are worried about the implications of moving overseas after Brexit.
For help, visit william-russell.com