Rising number of Brits could head to New Zealand

May 22, 2009 by admin  
Filed under News, News-Loans

Whilst many Brits may have jetted off to New Zealand for a long vacation to enjoy the beauty, natural surroundings, and sights, it has been revealed that many have made their minds up to go there and not bother coming back.

Industry officials have said that over the past year there has been a rise of around 20 percent in the number of Brits heading to New Zealand on a permanent basis rather than a holiday, and due to the economic gloom, rising unemployment, and higher taxes that Brits are now facing this figure is likely to soar even further.

Following the introduction of a super tax of 50p to start next year, which Alistair Darling announced in his recent budget, it is thought that more and more people will flee to the New Zealand, where crime is low, taxes are not as high as the UK, and where unemployment levels are lower than the soaring levels of job losses in the UK.

Unemployment levels have now passed 2.2 million in the UK, and are at their highest in over a decade. The ongoing recession means that the situation could continue to get worse.

The super tax that was announced by Darling recently has led many industry experts to predict that much of the country’s top talent will up and leave as a result of the tax, and this could actually do more damage than good as the country would lose a lot of talent and there would be fewer people to pay the high level of tax that Darling is hoping for.

One industry official said: ‘The effects of the recession appear to have spurred a lot of people into taking the plunge and making a permanent move abroad. There is still a huge variety of opportunities available for skilled British workers who are keen to move to New Zealand, from traditional occupations such as doctors, teachers and nurses to more unusual skills such as skydiving instructors and animators.’

Tags: 50p personal tax, official, traditional occupations, 50p, super tax, unemployment, new zealand, year

Related Entries

  • Brits to miss out on tax free savings
  • Many Brits will miss out on significant tax free savings this year, according to research from financial experts. Findings from moneysupermarket.com have shown that while only 32 per cent of Brits plan to invest in
  • Brits happy to leave country to save for house
  • The British property market is proving to be so inaccessible to first-time buyers that many are considering moving abroad.According to research carried out by National Savings & Investments (NS&I), one quarter of us are prepared
  • Polite Brits avoid money talk
  • Brits shy away from the "rude" topic of money in conversation, according to Fool.co.uk.The website ran a study called Let's Talk About Money, which showed 30 per cent on the 1,500 UK adults asked, stating
  • Over one fifth of Brits do not save
  • Over twenty percent of Brits do not put aside any money in the form of savings according to a recent report. Research has shown that twenty one percent of Brits fail to put aside any
  • Up to five out of six UK consumers fear for their finances
  • Up to 30 per cent of British spenders do not think they can cope much longer when it comes to managing the pressures surrounding their finances, according to new research. Findings from a survey conducted
  • Brits choose ’stability’ when renewing mortgages
  • Millions of Brits would opt to fix their mortgage rate for five or more years if they needed to renew it, it has emerged.Recent research by Abbey Mortgages has revealed that one in three (5.1
  • Many people permanently in the red with overdrafts
  • A recent report has highlighted that by the 20th of each month many Brits find themselves running out of cash and having to rely on their overdrafts to see them through the rest of the
  • Average Brit ahead of international average when saving for retirement
  • A new survey published today shows that the average British consumer begins planning for their retirement up to five years ahead of the international average. According to findings from AXA, Brits start saving for

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!