British Expats Must Manage Their Investments Better
A recently published report by Halifax International suggests that 50% of British expats have noticed a significant decrease in their disposable income since the beginning of 2008, despite this 63% believe that they are better off in their adopted countries rather than living back in the U.K. The fall in the value of the pound in relation to other currencies has been cited as a significant factor in the rise of overseas living costs along with general inflation with 88% seeing a rise in food expense. Expats with multi-currency investments can limit their risk and exposure to intra-currency fluctuations. Overseas property prices have been hit far less than in the U.K with 33% of expats saying the value of their property has little changed in the last year.
