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Cost of Living for British Expats

The past few years has seen seismic events both in the UK and across the world which have had and continue to have a significant impact on the cost of living for everyone.

We conducted a survey amongst British expats to understand how the current cost of living crisis is affecting people with ties to the UK. 

Cost of Living Report for British Expats 2023

In late 2022 we conducted a survey of 200 British expats who maintain some ties with the UK to find out how the cost of living crisis in the UK and globally is affecting people whose lives span two or more different countries.

Using the results of the survey, we have created our latest report, How Rising Living Costs Are Impacting Expats’ Financial Choices in 2023, which explores the impact of various global and local events have been influencing expat finances, life decisions and mental well-being.

Our report provides insight, analysis and guidance covering the following subjects:

  • Property
  • Tax
  • Finances and retirement
  • Mental health

During this period of global uncertainty, its more important than ever for people with complex financial situations to ensure they’re making the right choices to secure their future and continue making the best possible decisions.

Read our summary of the report, which includes insight and essential tips for expats, and provides a general overview of the the key issues facing British expats in 2023.

You can also download our full report, which provides insight, analysis and support which will help expats understand how they can find trustworthy financial advisors amidst the minefield of expat financial advice.

 

Download the report

Download the report

File size: 464 KB

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Experts for Expats has been featured in...

The Telegraph - The surprising places British expats can earn the most - click to see article
The Guardian - The older expats facing poverty – thanks to Brexit and frozen pensions - click to see article
BBC Breakfast - Expats in Cyprus having issues with UK bank accounts - click to see article
Are you a British expat whose bank account is being closed due to Brexit? Here's what's happening and what you can do about it - Are you a British expat whose bank account is being closed due to Brexit? Here's what's happening and what you can do about it - click to see article
Saga - Want to retire in the EU? What could the future hold for you? - click to see article
The Times - Thousands of retiring Britons vote for Brexodus - click to see article

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What expats say about our experts

I was positively surprised at how easy and honest the whole process was. There wasn't any pressure to pay for anything I didn't want to, or sign up for an ongoing relationship - just straightforward, honest advice. If only all advisory services were as smooth as this! 

Alexander C.

Irish Tax introduction in United Kingdom

Your service has been extremely helpful as an expat it isn’t always easy to know where to get the level of service needed for more complex situations. Thank you so much. 

Cathy O.

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I'm very wary of website operations (particularly when it comes to government liaisons). But after a check-up on 'Experts for Expats' I decided to take the plunge. Since then I've been very pleased with the professional connection I was offered and the straight forward way it was presented.

Although I've not a lot of experience with this specialized type of service, I can say that if there's a better one on offer they had better be pretty f*cking good.

Michael C.

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A very knowledgeable consultant gave me a thorough explanation of the issues involved, which was extremely helpful.

Warren B.

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Very speedy connection with expert, who was very helpful to answer and discuss my tax questions. Only didn't continue to work with him as we determined in consultation that, for my situation, a self-assessed tax return was not necessary. Would recommend the service!

Michael W.

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I was quite pleasantly surprised to have received a response pretty quickly from Experts for Expats after placing the request. The response from the Consultant also was very quick.

I am very satisfied with the advice given by the consultant, which has helped me to find an efficient way to handle my issue. Therefore it was an excellent referral made by Experts for Expats based on my unique circumstances.

Ranil P.

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I had a speedy response from the website and arranged a call back with the consultant on the same day. My queries were addressed within the first consultation. I can't rate highly enough the service and the consultant I spoke with.

Sohail A.

UK Tax Return introduction in United Kingdom

Super quick and provided all the advice I needed - my experience completely exceeded my expectations. Particularly useful service when you’re an expat without all the contacts and understanding that you take for granted in your home country.

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UK Tax Return, Double tax relief claim, Inheritance tax and estate planning introduction in United Kingdom