Currency Calculator

Use the currency calculator to calculate the rate of exchange.

GBP Flag

1 GBP = 1.14892 EUR

EUR Flag

1 EUR = 0.87001 GBP

Change Currencies Currency Providers

Aspiring expats 'do not have realistic expectations'

CMT advert

People in the UK who are planning to transfer money online before setting up home overseas have been urged to avoid getting lofty expectations.

According to WorldNet Recruitment and Training, many would-be expatriates end up with "delusions of grandeur". When they intending to relocate to another country, reports BBC News.

This, it said, is particularly true among younger Britons who are moving abroad. Especially if their decision has been partly influenced by lifestyle factors, such as the prospect of better weather.

Indeed, the group stated that if people from the UK are planning to live in sunny destinations such as Barbados. Their thoughts tend to focus on sitting on exotic beaches and sipping cocktails.

However, WorldNet Recruitment and Training said this is often not how a move to this type of country actually turns out to be.

setting up home overseas

Sonia Middleditch, managing director of the organisation, commented: "People have chosen to go to their new countries. So there an element of 'This what I was hoping for, this what I was expecting'.

"But after the early excitement, they settle in and start to see what is missing."

Ms Middleditch has, therefore. Urged aspiring expats to carry out thorough preparations before they start setting up home in another country.

This, she stated, would enable people who are leaving the UK to be ready for their move. And fully cognisant of what they can expect on their arrival.

Ms Middleditch added that when many expats arrive at their new home. They end up feeling both bewildered and euphoric at the same time.

This comes after Kimberley Millhouse, senior move manager at Crown Relocations. Urged people who are moving abroad to make sure their finances are in order before they go. As well as to take out any insurance policies they may need.

Leave a comment

What's the press saying about our company?

Top 5 Foreign Exchange Companies