Latest Insurance News
More people moving abroad to benefit European property insurance holders?
22 Apr 2010
Posted by Jonathan Walker
European property portfolio insurance policyholders with assets overseas could see increased demand as more people are looking to move abroad, according to an expert.
Freelance property reporter Marc Da-Silva said that the likes of France, Spain and Portugal tend to be popular with Brits, along with the English-speaking countries like Australia, Canada and the US.
"Quality of life is generally considered to be better overseas and indeed more affordable," he commented.
"It is much easier to get a foot on the property ladder overseas and start afresh," Mr Da-Silva added.
Young couples and people looking to make a fresh break, as well as retirees will be among those moving abroad, he suggested.
His comments follow a report from NatWest which found that 89 per cent of British expats believe they enjoy a better quality of life abroad.
The research revealed that 90 per cent of Brits living overseas say they are financially secure.
