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Property News - Last Updated Sunday 25th May 2008 → Syndicate this
More People Looking Overseas Than Ever Before




Sunday 25th May 2008

As the cost of living in the UK continues to rise, with many suggesting that there is little chance of it falling back in the short term, it seems that more and more of the UK population are looking overseas. While areas such as Europe have been a regular favourite with UK expats, it seems that many may now be branching out to countries in South America.

Property prices in the UK have risen sharply over the last few years and while they are falling at the moment they are still a lot more expensive than many other areas of the world. In fact London is rumoured to be one of the most expensive areas of the world for property with more and more of the mega rich fighting it out for the best accommodation in the capital.

While the pound has struggled to keep pace with the Euro it has been very strong against a number of other currencies around the world, making areas such as South America more attractive that ever before. Improved infrastructure, improved accessibility and the chance of a similar standard of living for a fraction of the price in the UK are just some of the reasons why many of the UK population are looking to move permanently overseas.

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