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British entrepreneurs find success abroad....what about graduates?

Published: Wednesday, 18 April 2012   Category: All Graduate Jobs News

It was published recently that many Brits are moving overseas in their search for graduate jobs. New statistics also show that expat entrepreneurs believe they have achieved more by working abroad. So what are the benefits? Why are graduates looking abroad for opportunities?

The latest annual NatWest International Personal Banking (IPB) ‘Quality of Life’ Index reveals that seven in ten (70%) expat entrepreneurs believe they have achieved more by starting up a business abroad, with a further 78% of expat entrepreneurs suggesting that faster growth is one of the major advantages of running a business overseas.

Singapore, Hong Kong and the USA are the top three countries for nurturing enterprise, according to the research, while Spain, UAE and China are the worst.

Regarding business prospects, Canada, Australia, and New Zealand have the most positive outlook, whereas Portugal, Spain and France have the worst.

Overall, almost a quarter (22%) of UK employers consider their overseas business prospects for the next three years as either “excellent or very good”.

74% of those questioned believe access to cheaper resources is a real advantage and 65% say tax incentives are the main benefit. In contrast, 71% believe foreign regulations and standards are a barrier.

Benefits of graduate jobs abroad

For recent graduates, working or carrying out an internship outside the UK also brings a number of advantages:

  • Working in a different country broadens your perspective within your professional industry and adds new, priceless skills to your portfolio
  • Employers value more applicants with overseas experience. Even a short time abroad can make a big difference and benefit your whole career
  • Having international contacts will improve your networking skills
  • Learning from different cultures will improve your emotional intelligence and working attitude

If you have been looking for employment in the UK without much luck, finding a graduate job in a foreign country might be the perfect solution.

 

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