Expats Leaving Spain

[kevinb]

Interesting article in The Mail today, it seems that thousands of British expats are leaving Spain and returning to the UK, one of the reasons given is Spain is too expensive now to live there, I can't see if how if you can't afford to live in Spain that you would think you can afford to live in the UK, for a start my UK house rates are about 600% greater than the rates on my Spanish house. Don't understand the economics of it.

[John H]

A friend in GA completed on his sale yesterday, he was delighted at the exchange rate.
I do think that for those of a certain age who’ve “been there and done it” the uncertainty of what Brexit might bring, failing health, the exchange rate and the distance to family who may may be needed to support them are all factors in deciding its time to “return home”
I know a few folk in GA, who have a few years on us Kevin, are eagerly waiting to find out what Brexit will actually mean, if it’s not positive, particularly in terms of health care, their houses will be on the market.

Regards all

John

PS I was sent this yesterday, truth in humour they say!!


Sent from my iPhone using Tapatalk Pro

[kevinb]

As you said John , probably expats getting older and away from their family is the overriding factor as the economics side of it doesn't seem to make sense, my house in Spain if I sold it now I might make a few thousand since I bought it fourteen years ago where property in the UK has rocketed in value by tens of thousands, I always wanted to keep a foot in the UK housing market for that reason ,was tempted though to live in GA permanently.

[Davison]

Well it gets difficult when pensioners lose 25% of monthly income due to rubbish exchange rate bear in mind we are used to having an exchange rate approximately 1.40  before this Brexit crap and didn't they make it diffo for us to vote on referendum being here 15 years you weren't able to cast a vote then one had to go back onto the Electorial Roll then some kind of proxy voteI didn't want to go back onto electorial roll but wanted to vote stay in. So it means we spend less in the Spanish economy because of less income and I think it will get worse before if ever it gets better ! rant over  hahaha

[wilson]

Well it gets difficult when pensioners lose 25% of monthly income due to rubbish exchange rate bear in mind we are used to having an exchange rate approximately 1.40  before this Brexit crap and didn't they make it diffo for us to vote on referendum being here 15 years you weren't able to cast a vote then one had to go back onto the Electorial Roll then some kind of proxy voteI didn't want to go back onto electorial roll but wanted to vote stay in. So it means we spend less in the Spanish economy because of less income and I think it will get worse before if ever it gets better ! rant over  hahaha

I dont think you can lose what you never had, the 10 year euro average is a mere 1.19, the 5 year 1.22 you cant blame brexit for everything in life. The 15 year rule is the normal democratic process where people who leave a country no longer have a say over the people they left behind,  seems quite fair to me.

[sunseekers]

Interesting Santa letter John, and rather spot on.  As a person who did a lot of research (as I did) and made his decision, what do you think of the “show” so far and what kind of things would you like to see us leave with
Hazel

[John H]

Hi Hazel, the EU bureaucrats and the leaders of the countries that hold the power within the EU don’t want us to leave, in my humble opinion a reasonable exit deal is highly unlikely.
It’s not surprising, they’ll have our net contribution of £8,900,000,000 a year taken out of their pockets.
They also don’t want other countries who might be doubting the value of their membership to leave the club, so it’s not to Mr Barnier and colleagues benefit to give us a reasonable deal.
Again in my opinion the EU bureaucrats put their principles above the wealth and prosperity of their citizens, a poor deal will also “hurt” companies and their employees throughout the EU.
I only hope that Liam Fox, who I wouldn’t trust to clean my car, and his colleagues in the Department of International Trade are building bridges world wide and are laying the foundations for trade deals.
I hope that our exporting businesses are out their looking for new markets and that they have some reassurance from Government that a “devalued” Sterling will allow them to be very competitive even with trade tariffs applied.
It’s all crystal ball glazing at the moment, the crystal isn’t that clear!!
It’s just a pity that many years ago they asked us the wrong question, it should have been “do you want to join the United States of Europe”, in which case I doubt we would have joined
Sorry to sound so depressing!!

Regards all

John



Sent from my iPhone using Tapatalk Pro

[sunseekers]

Kinda mirrors my thoughts too, why on earth would Europe give us the kind of deal we were told we would be able to have, there are 27 of them against one if us, i just hope businesses are prepared to pull out ALL of the stops and political parties stop behaving as if they're in a playground.