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Saturday, October 11th, 2008
Even if you want to move abroad to escape the economic turmoil in the UK, you may find that the country you had in mind is also not doing very well economically speaking! Take Spain for example, it has a worse unemployment problem than the UK, it is teetering on the brink of recession, and the government is being heavily criticised for the position the nation finds itself in.
Sound familiar? Yes indeed, those living in Spain are facing similar economic turmoil to us in the UK! But then…the Spanish leader is doing a little more than simply repeating the phrase: “we will do all it takes” – unlike Brown and Darling he has at least already introduced a range of measures to try and keep some momentum in the Spanish economy.
Naturally enough, given the economic climate around the world and the jittery state we are all living in, the measures are being criticised for not going far enough – but let’s look a little more closely at what the Spanish leader Jose Luis Rodriguez Zapatero is doing to determine whether those who have made the move and expatriated to Spain have done the right thing!
In a recent article entitled ‘The Secret to Expat Happiness’ we revealed that one of the three essential criteria for expatriate contentment was keeping busy – and this is particularly imperative for all those who retire abroad. Yes, retirement is all about putting your feet up and relaxing, but it’s also about having the time to do all those things you have always wanted to do – such as moving abroad!
Many newly transported expat retirees fall into an unhealthy pattern of doing very little indeed once they move abroad however, in part this is because they no longer have their usual band of family and friends around them with whom they would normally have socialised. So as an expat retiree it is up to you to find things to do abroad, otherwise you could become bored and fed up! In this article we will suggest a whole range of activities to keep you busy when you retire to Spain.
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If you’ve been contemplating a move to Spain and were wondering if you could really justify it to your friends and family, or if you were just looking for one more reason to quit the UK, it comes in the form of a quality of life survey from uSwitch.com.
uSwitch.com examined the major European nations to determine which offered its citizens the best quality of life, and it seems that now it is 100% official: for quality of life, move to Spain because it tops all other nations in Europe in everything from the numbers of hours of sunshine the nation enjoys, to the number of days holiday those living in Spain get to enjoy annually.
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It may be hard for you to believe, but there is one good thing to come from the credit crunch that’s affecting those of us who live in the UK or Europe…moving to Marbella in Spain is now more affordable! It’s true, even the most sought after locations across Europe are now becoming more affordable and within reach for increasing numbers of us.
Property prices in Spain have been falling across pockets of the country for well over a year now, and one of the hardest hit locations is the Costa del Sol that was previously so oversold and overpriced that it was becoming increasingly overlooked. Well, now that prices are falling and the level of interest in Spanish investment property is waning too, it seems that the likes of marvellous Marbella are suddenly within reach!
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Regular readers will remember when we reported on the proposed changes to the healthcare system in France which would have left British expatriates who had taken early retirement having to pay for their medical treatment. Well now, unfortunately a similar fate is facing those living in Spain on the Costa Blanca.
As if a failing Spanish property market were not enough to dampen the once irresistible allure of retiring to Spain, healthcare woes for those living in Spain are now putting off would-be retirees from seriously considering the country as a viable place to live. But are the proposed changes going to become law and who might they specifically affect?
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