The Latest 'Quality of Life' report was released this week by Natwest International Personal Banking and as last year, Australia has retained it's number one ranking.
The sixth annual survey of British expatriates revealed 80% of expats believe they enjoy a better 'quality of life' living abroad.
Australia, Canada and New Zealand have topped the Quality of Life Index over the past 5 years.
For British expats who have chosen to permanently live abroad, over 70% feel their work/life balance is good to excellent and over 85% believe their standard of living is tops.
Over 80% of British expats in Australia cite the 'natural environment' and 'quality of life' for their children as the number one reason for moving here.
The global Quality of Life study of British expatriate opinions and attitudes on lifestyle, employment and financial status reveals 84% British expats in Australia say the weather is one of the top five reasons for living there and 92% percent of expats cite the overall lifestyle keeps them in Australia.
73% of expats, their health has improved whilst living there.
British expats in Australia are financially confident and, whilst some restrictions exist, find buying a property attractive and relatively easy.
71% own a property (compared to the global expat average of only 33%).
While the majority of people say that the improved quality of life is their main motivation for staying, the lower cost of living is a factor too with the majority rating their cost of living as very good.
In July 2012, Australia marked 21 years without a recession, an achievement unmatched by almost any other developed country.
Dave Isley, Head of NatWest International Personal Banking, comments: “It seems life down under really is the cream of the crop according to this year’s NatWest IPB Quality of Life Index. Continual sunshine coupled with a strong economic stability make Australia the perfect destination for Brits to set up home. Factors such as an efficient health care system, low crime rates, a clean environment, good education, civic engagement, and a longer-than-average life expectancy also factored in the high scoring.”
UK expats in Oz - The majority of expats (74%) are in professional/managerial occupations while 19% are self-employed professionals and 28% have taken up clerical positions.