Second Homes turn to Primary Homes

Recession, new tax band (50% for those earning £150,000.00) and an over all better quality of life are some of the most compelling reasons stated by almost half of the British working population (45%) which according to a recent survey consider relocating abroad. A significant number pointed out, under the better quality of life category, that housing in the U.S., Australia and Europe is by and large less expensive. Many of those are gloating over the real estate investment they made overseas. Unlike others they know they can rent their properties at home and relocate to their chosen dream house without concerns of applying for mortgages, international tax laws etc..