Retirement in UK, OK or Not OK?
Tuesday, June 30, 2009 at 12:26 pm
With the news out today that the British economy shrank at its fastest rate in fifty years during the first quarter of this year, and the continuing feeling of economic gloom that pervades in the UK, should you consider retirement in the UK? Would that be ok or not ok for you do you think?
Perhaps you’re a long way off retirement and you feel that by the time you reach 55, 60, 65 or even perhaps 70, the British economy will surely have rebounded. Well, when exactly are you planning to retire? Because according to the credit rating agency Standard and Poor’s, the British public sector debt could yet quadruple and reach levels only last experienced during the Second World War.
This will potentially happen over the next forty years – so if you’re planning on retiring at any point during that period, is UK really likely to be the best place for you? In this report we examine the options and potential realities you will face whether you decide on retiring in the UK or elsewhere.
We have an entire section dedicated to living in Dubai, and within it we have a plethora of articles about different elements of expatriate life in the emirate – from coping with Ramadan and culture shock, to getting a visa or even a license to buy alcohol – but if you want a quick, no nonsense overview to life in the emirate, this article is for you.