Using pension figures to discern countries where expats chose to stay, Canada holds the number one position.
Expats signing up for their pensions in the countries they live in is one indicator of those who chose not to return to the UK.
Of the expats living in Canada, 86% have taken their pensions there, despite the policy of freezing pensions to those in Canada.
After that is Australia, with 80% of expats drawing their pensions there, followed by the US with 75%.
All three countries are popular destinations for emigrating Brits and enjoy high standards of living for retirees. They were all well above the global average of 45%, calculated by the HSBC Expat Explorer Survey 2013.
A high number of “expat lifers”, those who went there more than 10 years ago, are in Canada, Australia and the US.
Nearly eight in 10 expats (79%) moved to Canada before the year 2000, and the same is true for Australia (61%) and the US (67%). The global average is just 39%.
Elsewhere, more than half of expats living in countries such as Russia (63%), Germany (57%), Switzerland (55%) and New Zealand (53%) have made retirement provisions in their host country.
Australia, which runs a national pension fund called Superannuation (or Super for short), is rated the third best state pension in the world. The US dropped out of the top 10 for the first time in the survey’s five-year history while Canada’s pension plan (CPP) ranked sixth.
