October 9, 2008

Moving abroad is good for the kids

It is a simple fact of life that living abroad can be good for your family’s lifestyle and more importantly the family finances. In research carried out for the HSBC they found that not only are ex-pats happier with their new lives, they are in fact better off too.

The cost of raising children abroad is a lot less in Spain, India and China, whereas countries that have large finance centres are in fact the most expensive places to bring up children with the UK being the most expensive, followed by UEA and Hong Kong.

But one of the main advantages of bringing up children abroad is the fact their lifestyle is going to be better with many parents report that their children are able to play outside and generally have a better lifestyle that other could envy.

Source [Offshore]