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SPAIN, USA, AUSTRALIA and NEW ZEALAND TOP DREAM EMIGRATION DESTINATIONS

Better job is main draw but lack of financial security is the biggest barrier

iceplc.com

• 48% of people say lack of financial security is biggest barrier to emigrating
• 36% would worry about not being able to find a job abroad
• Nearly a third see the language barrier as their biggest concern
• The UK’s weather, high prices, politicians and people top the list of least missed!

Better weather, lower cost of living and an absence of UK politicians - those are the things people think about, when they dream of emigrating out of the UK but lack of financial security is cited by 48% as the biggest fear that stops them moving to another country. This is according to a new survey* by leading travel money provider, ICE – International Currency Exchange, which identified Spain, USA, Australia and New Zealand as the top dream emigration destinations. ICE works with TorFX to offer international money transfer services to people moving abroad.

After financial insecurity, over a third (36%) say not being able to find a job in the country they move to is the top concern. However, job opportunities are the biggest draw, with 53% considering employment overseas. A country's economy is an important factor for 32%, while 25% of respondents want to be able to travel back to the UK fairly easily.

Although the absence of friends and family would be the biggest barrier for many, there are a number of things people said they wouldn’t miss about the UK. The weather is at the top of list followed by UK prices. 1 in 10 would also cheerily wave goodbye to our politicians, and other British people! Despite this, 24% of men would look for an ex-pat community, compared to just 12% of women. Older people are also more likely to see an ex-pat community as important (26%), whilst this is important for only 10% of 18-24 year-olds.

The British are notoriously bad at speaking other languages and for 31% the language barrier would be their biggest concern. Interestingly, the 18-24 age group feel least confident about their language skills, with 40% seeing this as a big hurdle compared to just 27% of those aged 65 and over.

Koko Sarkari, COO of ICE comments, "When it comes to moving abroad, our survey shows that many people think with their heads, rather than their hearts. Dreaming about emigrating is one thing, but financial security, jobs and the country's economy all feature highly on the list of things that stop people from taking the plunge. With the right planning, people can make the move and minimise the risks, especially when it comes to financial exchanges.

"Our partnership with TorFX brings ICE customers a quality service with competitive rates and zero transaction fees on international money transfers, from as little as £2000. TorFX offers a valuable money saving service for when emigrating or even buying a property abroad, in addition, ICE delivers the best value on smaller exchanges for visiting countries ahead of the move or for friends and family, coming to visit their new overseas home."

*Survey base 1,014 conducted via YourSayPays, July 2014

ENDS
January 2015
For further press information please contact the ICE Press Office at HSL – Parm Heer, Laura Welsh or Alison Reeson on 020 8977 9132 or iceteam@harrisonsadler.com

Notes to editors

International Currency Exchange (ICE) has been providing retail foreign exchange for over 40 years and today has over 400 locations in 20 countries, on four continents, conducting one transaction every six seconds. Through its retail network, ICE offers a wide range of products and services to support the travelling public’s requirements, including foreign currency and phonecards. ICE’s online products include commission free secure next day home delivery currency and the ICE Travellers Cashcard, an innovative prepaid MasterCard® in £, € or US$, which can be loaded with holiday spending money before travelling, allowing all the convenience of using a bank debit or credit card, but without the risks and charges sometimes associated. iceplc.com

Find ICE on Facebook (facebook.com/iceplc) and follow them on Twitter (@icetravelmoney)

This press release was distributed by ResponseSource Press Release Wire on behalf of Harrison Sadler in the following categories: Women's Interest & Beauty, Personal Finance, Travel, for more information visit http://pressreleasewire.responsesource.com/about.