Will Spain suffer as a result of the British vote? What will happen to property, healthcare and tourism for the current and future British living in Spain? The world woke up to a new order on 24th June 2016. The United Kingdom had voted to leave the European Union, which will, no doubt, result in many changes affecting the whole world one way or another. Here in Spain the shock result resulted in the biggest fall in its stock market history, with Spanish companies in the UK receiving the biggest hit.
The possibility of a Brexit following the upcoming referendum is of major concern and interest to British people living in Spain, whether they are retired or not. A quick poll around a lunch table by our expat on the ground produced an interesting result. Whenever you meet British people here, the subject for discussion these days is the EU Referendum and the possibility of a Brexit, just as it is in the United Kingdom. The other day, I was with a group of 20 expats for a tour of Gala’s Castle at Pubòl in Catalonia (Gala was Salvador Dalí’s Russian wife). Our guide, Nik Duserm, kept us
Last week, data compiled by Quick Move Now revealed that online searches for terms relating to retiring in Spain have increased exponentially in the past 12 months. The findings were significant. It was revealed that the number of those Googling “retirement homes in Spain” had increased by an enormous 150 percent compared to the figure seen this time in 2015. Another popular search was “retire to Spain from UK” (which saw a 75 percent increase in searches year-on-year) It was also revealed that searches for “best places to retire in Spain” have doubled year-on-year.
The upcoming EU Referendum has dominated the news for the first half of 2016, and has of course been a particular concern for those of you considering purchasing property in Europe.