Kinsure has released some figures on the expatriate health insurance market:
According to The Institute for Public Policy Research:
More than 198,000 British nationals moved overseas in 2005
Almost one in ten Britons now lives abroad
A British national emigrates every three minutes
One million Britons will move abroad over the next five years
The top 10 countries where Britons live, together accounting for around 75 per cent of all Britons living abroad, are:
Australia - 1.3 million
Spain - 760,000
USA - 680,000
Canada - 600,000
Ireland - 290,000
New Zealand - 215,000
South Africa - 212,000
France - 200,000
Germany - 115,000
Cyprus - 59,000
Figures from the Spanish National Statistics Institute in 2006 say that ex-pats are now 9% of Spain’s population - at least 500,000 of these are Britons.
The difference in the figures is that they are estimates and it is also difficult to decide whether or not to include someone who has homes in the UK and Spain, and shares time between the two.
Health and life insurance: News update: February 2007