Brexit Worry and moving to Spain: what are the ex-pat feelings on this?

Mary & Jim,

Firstly and most importantly I would strongly advise you not to make any decision based upon anyone's opinion, because I believe nobody knows for sure what will happen as this is new territory. So having said that, we are in a position where we have only recently bought a property in Spain ( 6 months ago) and too have considered our position. Our view is that there are over a million UK residents living across Europe and there are 2.3 million Europeans living in the UK. Im sure someone may correct me on the exact numbers but it goes to show the volumes it affects. Regardless of changes in the future , we believe it would be utter financial madness for any economy to prevent these people continuing to carry out their daily activities whether that is to pay their taxes.buy groceries, pay bills , travel etc in such economies; after all whole communities rely upon it. We suspect that a Visa will be required in the future, so there will be a cost every few years and no doubt some benefits will be removed or at least re negotiated ( health provision), but we dont see it being greater than that. Of course there will be some currency fluctuation and costs may rise as a result ( fuel, shopping, insurances etc) but that will be very much driven by the change in economy. Why do we feel this will be the case, well we look to America. Many UK residents have bought property there. Clearly this is outside Europe but arrangements have been negotiated to allow for this, though a Visa is required. Could we be wrong- YES, but some how we dont believe we will be. What we do believe is that there will be a period of uncertainty and this may be reflected in a downward pressure on house prices in Spain in the short term whilst confidence is affected, though in the long term it will return. It always does. Hope this was useful, but please take note of my first line in this response. Regards Michael

Go with what you believe in.  If they started dis-allowing Spanish and other European Cultures being in U.K. Then hey ho we for instance would end up seeing the possible collapse of big financial business.  In Milton Keynes Santander are big players with their HQ being here.  There are massive warehouses next to the M1 who employ so many Europeans.  So this area would crumble.  Those people are doing jobs that some Brits think is below them.  Good and bad everywhere wherever you go.  It hasn't stopped me. Bye bye Britain.

Mar

Thanks to all who replied concerning our move to Spain.We are moving very soon and looking forward to our relocating.