Overseas property news - Brits abroad

Brits abroad

The number of Britons looking to emigrate to Spain has increased by 12 per cent, according to new figures...

Data released by the Spanish Government has revealed 352,000 Britons were registered as living in the country at the start of 2008, the Guardian reports.

And the statistics showed a large proportion were younger residents, with only one third being aged over 55.

The recent drop in the value of the pound compared to the euro is also unlikely to cause a drop in the number of Britons looking to make the move, the newspaper stated.

James Park of Costa Blanca News told the news source, "Some people have had to head back to Britain recently but the impression is still that there are lots more just waiting for things to Change so they can come over."

A recent survey by Globaledge revealed that Spain is the most popular overseas property destination among English-speaking internet users, beating second-placed France by a ratio of over two to one.

Source: www.propertyshowrooms.com

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