Australia in the top 10 world places to retire
Australia in 2019 was the 6th favourite retirement spot in the world for Brits, according to a recent survey. We were ahead of New Zealand by one place. In 2018 Australia placed 9th.
Here’s the 2019 list (with the 2018 placement in brackets):
South East Europe (=4)
New Zealand (7)
Far East (8)
Turkey (new entry)
The survey consisted of 1006 people over 50 who were yet to retire—and would consider moving abroad.
Brexit has made Brits apprehensive about where to retire. Just under half (45%) want to retire abroad or are considering whether they should move.
One of the directors of Canada Life also gave tips for Brits wanting to retire abroad that, unsurprisingly, centred around finance and tax.
We’re often contacted by British people wanting to retire to Australia. When asked about their reasons to retire ‘Down Under’, the weather is frequently mentioned as the number one reason. Others move to be closer to family or friends.
We met one British couple in the city for coffee. They had retired to Spain. They’d previously had many holidays in Spain and loved the weather and the relaxed lifestyle.
But, they were on the move again. Their retirement haven didn’t live up to their dreams. There was a lot of crime in their area, there was confusing legal arrangements with real estate, and there was the limited availability of fresh food at times—and too many tourists.
Now they were venturing to Australia. No way would they look anywhere that had a cool climate. Small or medium-sized towns also had a line put through them. Perth got a big tick, as did the Sunshine Coast of Queensland.
The weather was the big enticement. However, the cost of food in Australia had them reeling. They also thought it was very expensive to eat at restaurants. And they couldn’t understand why houses had ‘such small gardens, with all the land Australia has’.
We gave them an overview and showed them a suggested checklist of things to look for in considering retirement locations.
I’m not sure where they moved to. Perhaps it was back to the UK—or a different part of Spain.