The UK is now only the seventh most desired work destination for European workers, according to a new report by accountancy firm BDO.
The post-referendum report, which surveyed over 10,000 people in 20 countries from a range of professions, found that four countries have overtaken the UK in the rankings since 2012.
The UK now sits behind the US, Germany, Switzerland, Australia, Canada and Spain, whereas in 2012 it was the joint-second most popular destination for workers from other European countries.
Among international employees (from inside and outside Europe), the UK is now level with Australia as the third-most popular country to relocate to, having been overtaken by Canada.
The US remains the most popular destination for both international and European employees, despite falling in popularity over the past five years.
For the report, respondents were asked to pick their top three work destinations to work. According to BDO, geography, common language, culture and business practices often exert a significant influence on where employees are most likely to move.
The report also showed that pay has become less of a priority for workers looking to relocate. In 2012, 25 per cent of employees said they would be very likely to move for up to two years and take a full-time job in another country without any incentives beyond an increase in pay. This group shrunk to 18 per cent in 2017.