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Brits still aspire to live in France and Spain despite Eurozone crisis

Post by Cameron Davidson on 23rd April 2012 in Living abroad

A home in France is still the top choice among Britons wanting to move abroad, with Spain our second most popular option.

Foreign exchange firm HiFX found that more than a third (35 per cent) of those interested in moving overseas still had France as their first choice, while 16 per cent were keen on moving to Spain.

The ongoing European debt crisis seems to have had little effect on Brits' choices, with Germany and Italy also featuring high on people's favoured relocation destinations.

Strong preferences were also expressed for the USA, Australia and New Zealand.

Also, a quarter of the people questioned had the impression that it was cheaper to own and maintain a property abroad than in the UK.

Mark Bodega, HiFX director, said: "France remains a ‘safe bet' for Brits. It goes without saying that the sun and lifestyle are a big pull but buyers are now also able to get better value for their money and take advantage of the weakening euro."

Depressed property prices have also seen Spain's popularity continue, with typical prices down by 30 per cent since 2007. "Yet while there are discounts to be had buyers need to pick carefully," Bodega said.


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