Britain is sending upwards of 350,000 citizens abroad each year to live and 89 percent of them are young people, not retirees looking for low cost living. Two thirds are single and many are professionals. Australia is the top destination.
The UK is expensive, taxes and government spending are high, opportunities becoming constrained again. Will the US after the next round of tax hikes and spending increases join the trend? How many people can relatively low tax countries take?