Overseas Property: Resale Markets Boosted by British Emigration

The Office of National Statistics has revealed that 4000 Britons are emigrating each week, in the biggest mass exodus for almost 50 years. Among the reasons for moving abroad were, loutish behaviour and the deterioration of British housing estates, rising living costs, the government and pressure at work, others are moving in seek of career opportunities in emerging markets. The findings also showed that the emigration was mostly taking place to countries within the commonwealth, with Canada, Australia, New Zealand and the United States being the most popular.

Some would say the growth in relocating Brits was almost inevitable, with exponential rises in yob culture, and its spreading to the suburbs, and even small villages, as well as flights becoming so quick, so cheap and such an integral part of daily life.

David Stanley Redfern have experienced the rise in Britons buying property abroad to emigrate at first hand, Operations Manager said:
"Yeah, we sell all the time to people who plan to go and live in their property abroad, the increase has been noticeably rapid. Canada is popular with those sorts of buyers, but we have even sold to people moving to places like Montenegro, and Malaysia."

The head of international research for the overseas property investment specialist added:
"While this isn't particularly good news for Britain, with so many of our skilled workers taking their skills abroad, it is good news for the overseas property industry, specifically in Canada, the U.S. and the other popular emigration destinations. Increasing emigration from an affluent area like the U.K. will massively strengthen the resale markets in those countries, and ensure the people currently buying off-plan make the profit they project on the resale market in spite of global slowdowns."

Find out more about buying property abroad, for emigration, holidays, investment or retirement.

About DSR Asset Management Ltd

DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.

Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com

David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property

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