move overseas

UK Self-employed: A Quarter May Move Overseas

UK Self-employed: A Quarter May Move Overseas

Almost a quarter of self-employed people are considering moving abroad in the next five years, research from currency broker Foreign Currency Direct has found. The survey of 2,000 self-employed people revealed that for those weighing up leaving the UK, Australia and New Zealand were the most popular destinations, followed by North America and Asia. The main reasons given for leaving the UK were a better work-life balance overseas, the prospect of further UK tax rises and other countries offering a greater chance of building a more profitable business. Foreign Currency Direct director, Stephen Hughes said that given the state of the economy, it is hardly surprising that so many self-employed people are considering moving their businesses abroad. “We’ve seen a significant jump in... »