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Old 30.10.2017, 11:33
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Yes and no.

One of the reasons that Spain is so attractive for Brits, apart from the beaches, tapas, sangia and sun of course, is that they can actually stretch their money there quite a but further than they can in the UK.

For the reverse to become true, there would have to be a far more massive shift in exchange rates. And from what others have been saying, costs of living in the UK are actually likely to rise, not fall, making it even more difficult and unlikely for Spain to become more costly than the UK.

in other words, you can't have it both ways. You can't say expats are going to return to the Uk in droves because they can't afford to live in Euroland, while at the same timke saying that the cost of living in the Uk is going to skyrocket to the point that people will have to leave.
For the large UK pensioner population in the EU the cost of healthcare could easily become a significant issue which might tip the balance. Doesn't need any FX or cost-of-living shifts, just a change in coverage.
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