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Top destinations for sun-seeking British expats

By Kirsten Hastings, 4 Aug 17

Summer in the UK this year has been a brief affair, so it comes as no surprise that nearly two-thirds of British expats think about the weather when planning their moves abroad. But sunshine isn’t the only factor prospective expats should consider.

6. Portugal — Where Expats Make Less Than at Home
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 6. Portugal — Where Expats Make Less Than at Home

While more than four out of five expats in Portugal considered the climate to be a potential benefit, 26% expected the economy and labour market to be a disadvantage, compared to only 11% globally — and they turned out to be right.

In terms of yearly household income, 72% of expats in Portugal have less than $50,000 (£37,944, €42,171) at their disposal.

One of the reasons might be that nearly half of the expats working in Portugal make less than a comparable career in their home country would offer.

More than three out of 10 even say that their income is a lot lower than back home, compared to only 11% saying that globally.

Tags: Brazil | Cyprus | Greece | Malta | Portugal | Spain

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.