Not the USA, says study

Many Britons – from university graduates to wealthy professionals – are currently considering moving abroad.

And the driving force is evident for a lot of: money.

According to UK HR website Employer News, greater than half of UK employees (52%) have considered leaving the UK to seek out higher job opportunities abroad.

Others are searching for reasonably priced housing and lower taxes, it said, citing research by London-based financial services company Prograd.

But occupied with moving abroad and truly doing it are two very various things. This is very true for fogeys who’ve to think about whether the grass is greener abroad for the entire family.

According to expat insurance company Williams Russell, countries within the European Union are the perfect selection for Brits seeking to leave the UK, with Portugal, Sweden, Italy, Spain and Finland topping the list.

But the USA – sometimes called Britain's “cousin” – is available in last place within the rating of 28 countries. It is dragged down by high childcare costs and long working hours.

At a median of $2,793 per 30 days for a two-bedroom apartment, rent within the U.S. is higher than in all other countries on the list except Switzerland ($3,281) and Ireland ($2,830), in response to Williams Russell.

The company relied on user-generated data from website Numbeo to find out average rents across the country. It estimates that Britons pay about 34 percent more in rent within the US than of their home country.

The United States also takes successful as it’s the only country on the list that doesn’t have legally mandated paid maternity and paternity leave.

However, 13 states and the District of Columbia have paid family leave laws in place, including New York, New Jersey, California, Connecticut, Colorado, Delaware, Maine, Massachusetts, Maryland, Minnesota, Oregon, Rhode Island and Washington state, in response to the nonprofit Bipartisan Policy Center.

Workers must also review their employment advantages. According to the U.S. Department of Labor, nearly 40% of executives and professionals were eligible for paid family leave in 2023.

British families with older children could also be persuaded by the variety of top universities within the USA: with 97, the United States has more universities than Germany (34), Italy (19), Australia (17) and Canada (16) combined.

However, American universities normally cost more than within the United Kingdom, in response to education company Kings Education.

Tuition fees for British residents are capped at £9,250 (US$15,950) per 12 months. In comparison, the fee of university studies within the US varies greatly depending on the institution. Private universities are sometimes costlier than public ones, and out-of-state students are likely to pay greater than in-state students.

Britons who need a rough idea of ​​how much money they’ll spend on college within the US should expect to pay “up to $45,000 a year for an undergraduate degree at a public university, and up to $55,000 or more a year at some private institutions,” in response to Kings Education.

The cost of American universities has risen rapidly over the past few many years – a trend that has slowed because the pandemic.

Eight universities, including New York University, Tufts, Brown and Yale, have tuition and living costs near $100,000 per 12 months, although families can often find ways to pay far less.