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People 'expanding their horizons' overseas

Many people from the UK are settling abroad in order to broaden the scope of their experience, a financial provider has said.

NatWest International stated that although there were various reasons for Britons wanting to leave the country, the opportunity for them to "expand their horizons" was one of the biggest.

For example, the firm said that people could develop in their career and enjoy a different lifestyle if they relocated to another part of the world.

Dave Isley, head of NatWest International Personal Banking, added that this could be achieved without the need for Britons to reduce their standard of living.

He commented: "It's a great opportunity - you couldn't have done that fifty years ago."

Mr Isley added that Spain was proving to be especially popular among people from the UK, particularly retirees.

According to recent predictions from NatWest, 1.8 million Britons could be spending their later years abroad by 2025.

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