The number of Britons moving abroad is increasing, according to latest research.

Findings by Smart Currency Exchange shows there is a renewed interest amongst the over 50’s who are looking at buying holiday homes in France and Spain,

The number of enquiries is on the up with reasons for packing up and moving away including; for lifestyle reasons or as investments.

Popular places for the younger generation to relocate to are New Zealand, Australia and Canada.

Charles Purdy, Director of Smart Currency Exchange, said despite the recession: “The over 50s are still very wealthy. There is a confidence level coming back that previously did not exist.”

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