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Saturday, 6 March 2010

Four in 10 retirees want to live abroad

Harry Wallop in the Daily Telegraph reports that 'Four out of 10 people approaching retirement are considering moving abroad, a Government-commissioned survey has indicated. Around 42 per cent of people aged over 55 said they were thinking of relocating overseas, with 38 per cent considering doing so within the next five years, according to the survey of a 1,000 people undertaken by the Foreign and Commonwealth Office (FCO)'.

In the article the Foreign and Commonwealth Office Minister Chris Bryant is quoted as saying "In the excitement of making plans for a future in the sun, people don't always think about the possible downsides or the problems that can occur".

Chris Bryant MP, Minister of State for Europe and Consular Affairs at the Foreign & Commonwealth Office, will be meeting British residents this weekend in Torrevieja, in the Alicante region of Spain.

Read the full article: Four in 10 retirees want to live abroad - Telegraph

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