Final answer:
John Cabot moved to England where he was instrumental in initiating England's first foray into overseas exploration and laying the foundation for future claims in the New World.
Step-by-step explanation:
John Cabot moved to England at a young age. Originating from Venice, Cabot found opportunities under the English flag during King Henry VII's reign which marked the beginnings of England's overseas exploration in the late 15th century. Despite England initially trailing behind Portugal and Spain in terms of overseas exploration and establishment of colonies in the New World, Cabot's voyages were significant for England as they eventually laid claim to North American mainland territories.