The research, published this week, reveals that 86% of would-be emigrants are drawn by the hope of a better work/life balance while 83% are attracted by the prospect of a higher salary. Almost half of respondents to the survey said they would consider moving in pursuit of better job security.
The younger sections of the workforce interviewed said they were most likely to consider moving overseas, with 55% of 18-24 year olds and 42% of 25-34 year olds saying they were considering leaving the UK, chiefly for better career prospects.
Australia and New Zealand were the most popular destinations, attracting more than 70% of would-be emigrants with the prospect of better economic conditions, an attractive work/life balance and a better climate.
North America was ranked in second place by 59% of people and 31% said they would consider moving to Asia.
Stephen Hughes, currency analyst at Currencies.co.uk, commented on the findings:
“This study demonstrates a severe lack of confidence in the employment situation in the UK, particularly amongst younger age groups. While not all of these people will end up moving overseas, unless conditions improve there is a significant risk that we will see a much higher level of emigration in the years to come.”
