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Over two fifths of Britons want to buy abroad

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16/05/2007

Research from Bank of Scotland International shows that 42% of Britons are interested in buying property abroad.

The most sought-after destination is Australia, followed by New Zealand, the US, Canada, France and Spain.

The largest proportion of those wishing to purchase foreign property were based in the South East. Only 4% of those surveyed already owned property abroad.

Tony Wilcox, managing director at Bank of Scotland International, said: “If you are planning to leave the UK to live temporarily or permanently overseas, you need the right products and services in place, so that you have a firm foundation for your finances, no matter where you are.
“When moving abroad there are many aspects of life which British expatriates have to adjust to and personal finance is no exception.”

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