Where will they all go and live ???

I haven’t seen this in the news yet jura I’ve been out all day, so I don’t know enough to comment.

I can see many ‘ex pats’ will be worried. But living in Europe full time was their choice. I do realise the referendum upset the status quo.

Perhaps we won’t leave on No Deal and something will get sorted out? The Costas in Spain rely heavily on pensioners spending their money - they’d hate a mass exodus! That said, wealthier pensioners will be able to ride the storm.

I know of one couple out there. Early 70’s. They retired to the Costa del Sol 23y ago.

He developed Type 2 diabetes 10y ago. They have an S1 certificate. All his medication, blood testing stuff, swabs etc are free at present. He said in the event of No Deal Brexit it will cost him €30 a week. He isn’t happy about it but won’t return - just cut his cloth accordingly he said.

Actually jura I’ve just re read your OP.

without being able to sell their home abroad

Why would they not be able to sell up (if they wanted to)? An estate agent I know out in Spain said property prices are just about back to what they were in 2009 as lots of Scandi’s with good pensions, are buying properties for winter living and the marker is buoyant!

There are around 247,000 British citizens aged 65 and over living in other EU countries

www.ons.gov.uk/economy/investmentspensionsandtrusts/articles/pensionersintheeuanduk/2017-09-05

Know all of them, do you, Joelsnan?

'An address' doesn't necessarily have a 'home' attached to it.

Jura is pointing out that they may not have homes to return to and won't beable to afford to buy or rent.

I wonder if they could get council accommodation or if they'd be deemed to have made themselves homeless... and thus not be eligible...

But they won't get many pounds for their euros when they come back to the UK Ug

Surely if you choose to go and live in Spain or France then you factor in the cost of private health insurance for treatment in that country. I'm not sure how retirees abroad can expect the benefits of both systems.

maizie council accommodation!? Imagine the backlash from the waiting list

^ But living in Europe full time was their choice.^

I expect you've told them that and cheered them up no end, Ug.

Urmstong : 'Why would they not be able to sell up (if they wanted to)? An estate agent I know out in Spain said property prices are just about back to what they were in 2009 as lots of Scandi’s with good pensions, are buying properties for winter living and the marker is buoyant!'

well I am so pleased for them- so it probably depends very much on the region. In France, for instance- Brits have bought where property was cheap, because the French find those places too rural or too isolated. I know people who have been trying to sell for a long time, to no avail, even though they have massively dropped the price.

So, imagine - a couple sold their home in UK to buy property in rural France. They find a bargain they buy with proceeds, then use lump sum to renovate- and live on pensions. Wonderful - and healthcare on form S1- careful, but great quality of life. Then develop health problems, as people do with age. No issue as covered by S1 reciprocal agreement. And then Sterling drops, and drops- leading to 10, 20, 30% loss of income. And now, told reciprocal Health care will go in 6 months time. Can't get private health care due to pre-exisiting conditions and age. Also told Pensions witll no longer be index linked- and remain static forever. Can't sell- and have no savings left having spent it all, carefully and sensibly, on the move, purchase and renovation. So- no choice but to return- with just their pensions. Yes, it was their choice- they did very careful research- based on the current situation at the time- conditions which are now turned totally on the head- through no fault of their own.

So, even if you don't care, even if you feel it was, somehow, their fault - what then? They will have to live somewhere, they will have to have GPs and hospital appointments and treatments, medicines, and perhas operations. And yes, it will really put pressure on 'systems' at the very time said 'systemsp will be at increased pressure. Work houses perhaps?

Ellianne : 'Surely if you choose to go and live in Spain or France then you factor in the cost of private health insurance for treatment in that country. I'm not sure how retirees abroad can expect the benefits of both systems.'

because, having paid all their life into the system, and being on UK Pensions only- that is how it was, both ways, when being in the EU. They did NOT have to factor Private Health Care cost- because it was all organised as part of the EU. They did the research carefully- and found that out- and it was very much part of their decision.

£30 a week for privat health care- wow. Can I have a link for this please. And does this cover all age brackets and all pre-exisiting conditions? I'd be VERY surprised.

Quizqueen this is the sort of lies that Brexiteers love to tell, if you dont have an NHS number they will do the basics to mend you, even for that someone has to pay, usually the employer. I was in A&E 6 months ago and a Polish building worker with his interpreter was being treated and the paperwork was considerable, BEFORE he was treated.

grapefruitpip
I think you should ask GNHQ to remove your unsavoury post @20.27

Thank you jura2, I can see how it will come as a shock to them now.

What did occur to me ,however, was your comment that they bought up what they thought was a "bargain" when none of the French wanted such properties. In that respect they didn't really do their homework so maybe they will just have to sell at rock bottom prices in order to get back to the UK. I assume there will now be fewer and fewer potential retiree buyers from the UK moving to France and Spain in search of the good life. The very wealthy ones won't need to worry, but they'll be buying the mansions anyway.

Exactly Jura2 we moved to France with a reciprocal system in place and pay a top up insurance for hospital care. This costs €120 per month. There is no way we could afford to pay for full health care privately.
I am at a loss to understand why people think we are somehow cheating the system. We continue to pay UK tax.

Trisher - if that’s true then it’s about bloody time! But I don’t believe it somehow - we are a soft touch and the rest of the world knows it!

Doesn’t that work the other way round MaizieD?

But they won't get many pounds for their euros when they come back to the UK Ug

Surely for every euro they wish to exchange into pounds sterling, they’ll need LESS euros to convert into £££s???

i.e say at the rate of £1 = €1.10
That means you’d get a £1 for ‘only’ spending €1.10

It’s good for bringing money BACK into the U.K.

(Which is why the holidaymaker or pensioner out there is not doing so well right now).

Years ago, when the exchange rate was different, say £1 = €1.30, bringing money BACK to the U.K. would mean that buying each £1 would have cost €1.30

It’s a great time to put euros into a U.K. bank right now!

jura I didn’t say my friend would be paying €30 per week for private healthcare. He had his medications - tablets, blood testing needles, swabs etc costed for him at the local pharmacia and that is the amount it will cost him to BUY those supplies rather than get them free on prescription.

I agree totally with you Ellianne

Buying in a rural area - beautiful though it may well be - ‘Place in the Sun’ on tv always says ‘oh look at that those view’ - isn’t practical long term.

It’s cheaper to live in the campo. It’s why you get more space for your buck.

However ...

As retirees then get older they need to work out how to get about if one can no longer drive a car. Also how far it is to the local medical centre/pharmacy/supermarket etc.

No wonder the locals don’t want to buy there. Selling up in a rural area? You can’t give the property away or you have to take a huge hit.

But not all ‘ex pats’ live high up in the campo. A lot live on the flat, by the sea, with good infrastructure and local amenities. Those are the properties that my estate agent friend said are selling well - the market is bullish right now.

Add to that exchanging euros to pound sterling at the rate now for going BACK and some ex pats are laughing lumps. That’s if they want to go back.

Another friend of 84y has a small apartment in the same block as us in Malaga. She isn’t on any medication. She is just lonely since she lost her partner out there 8y ago. She knows it’s a good time to sell right now & she wants to be near her daughter in the U.K.

You're right about euros to pounds, Ug I was having a senior moment.

They'll make a killing...

Thank you MaizieD

Mind you I love what you’ve done there. Heads you win. Tails I lose.

Very clever.

But not nice. You are determined to find fault in this.

I'm just annoyed that people's lives are being disrupted by a vote which no-one is able to demonstrate any advantages for.

Stop lashing out MaizieD You might even feel some benefit.

Nanight.
?

If I need your advice, I'll ask for it, Ug.

Sweet dreams...

“It’s a great time to put euros into a U.K. bank right now”

That’s speculation, the value of sterling could go either way, you might benefit you might not, either way you get landed with bank commission.

Life's a gamble.

The best laid plans and all that.....

Jura, where are the daily influx if refugees going to be absorbed. Sorry that's a a question you can't ask it might be construed as rascist and not logistics. Some for goodness sake have some common sense.