Morning Bill, hope all is well with you.
I thought I would drop you a quick line and spread some positive thoughts.
Sadly, my 94yr old Mother passed away on the 24th September, and I attended her funeral in the UK last week. However, during conversations with my only brother, who always said he stayed in England to be close to her, I suggested there was now nothing stopping him from moving to Spain. His response was that he probably won't in the foreseeable future as there is a major economic crisis in Spain, with unemployment running at 25% and the exchange rate has still not recovered sufficiently. Basically, all doom and gloom!
In addition, I explained that, like me, he draws his full State pension plus private pensions, and suggested he could live a very good life here on his current income, and be insulated from the so called 'crisis'.
Mervyn
Algarinejo
Mervyn is selling "Finger In" on behalf of a family member.
http://www.tickle-international-property.com/
Email: bill.tickle@tickle-international-property.com
I thought I would drop you a quick line and spread some positive thoughts.
Sadly, my 94yr old Mother passed away on the 24th September, and I attended her funeral in the UK last week. However, during conversations with my only brother, who always said he stayed in England to be close to her, I suggested there was now nothing stopping him from moving to Spain. His response was that he probably won't in the foreseeable future as there is a major economic crisis in Spain, with unemployment running at 25% and the exchange rate has still not recovered sufficiently. Basically, all doom and gloom!
I thought for a moment and said "Hang on a minute, you are forgetting one important thing - Spain is still a fantastic place in which to live !" "A draft beer is still only one Euro, coffee one Euro, a nice bottle of wine is only 2 Euros, my car tax is 45 Euro a year, I have a 400 sqM house and pay only 98 Euro a year rates, we can get an excellent 3 course 'menu del dia' for 7 Euro, we have had sunshine and no rain since April, and we can plan a bbq a month ahead and know we will get great weather".
In addition, I explained that, like me, he draws his full State pension plus private pensions, and suggested he could live a very good life here on his current income, and be insulated from the so called 'crisis'.
Having lived here full time for 12 years, both my wife and I agree that the actual cost of living as a resident is about half of the cost in the UK. As a tourist on one week's holiday, you wouldn't see that as you pay everything at tourist rates, especially on the Costas.
As everyone focusses on the European wide crisis, I think that's a fundamental and important factor most people are forgetting - SPAIN IS A FANTASTIC PLACE TO LIVE. OK, so you need either a pension or a business you can run from here in order to have a sustained income. So . . . . . . .!. What's the problem?
RegardsAlgarinejo
Mervyn is selling "Finger In" on behalf of a family member.
Email: bill.tickle@tickle-international-property.com
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