London top destination for foreign professionals
United Kingdom, 22nd December: London still is regarded as the top choice for foreigners wanting to move overseas for jobs.
This has been revealed by the findings of a latest research.
Foreign professionals keen to move to London—The research shows London has surged ahead of New York, Paris and Singapore in terms of attracting the highest number of foreign professionals wanting to move overseas. This is despite current grim outlook forcing many British to move out of the UK for other nations.
The survey involved nearly 160,000 job-seeking professionals in varied sectors including banking, telecommunications and so on. An interesting factor worth mentionable here is that majority of foreign professionals wanting to immigrate to London hail from nations engulfed by economic crisis. These include nationals from Greece, Ireland and Portugal.
The number of foreign professionals considering moving to New York, Singapore and Paris was stated to be 28 percent, 16 percent and 15 percent respectively. Sydney was the choice of just ten percent of foreign professionals wanting to move overseas, the survey findings show.
Higher standard of living allures foreigners—Nearly fifty percent of survey participants cited higher standard of living of the UK as the main reason for making London a top global city for overseas professionals.
London boasts of having world-class banking, creative and legal industries all of which join together to make London as the choice of increased number of foreigners wanting to move and work abroad. Meanwhile, severe financial crisis has led to migration of several Britons to other nations abroad.
In addition, around 63 percent of Britons expressed their desire to move abroad for better job opportunities if they get a chance to do so.
According to the international director of recruitment of the website which commissioned the survey, Mike Booker, jobseekers have, indeed, become quite flexible on their destination of employment. And since English happens to be the first language of Britons, it does give them a winning edge over others, Booker admitted.
Nonetheless, with each successive year, the competitive edge of having fluency in present business language declines due to an increasing number of the BRIC (Brazil, Russia, India and China) nations, he maintained.