Expat Spain News
Latest 10 news items tagged Spain
3 Mar at 6 PM 2014
Following an investigation on a UK expat saver’s behalf by This is Money.co.uk,
a financial intermediary has admitted advice to the saver in Alicante was wrong and has re-established his lost pension pot.
The unnamed expat had been persuaded in 2010 by a representative of financial intermediary deVere to invest 80 per cent of his pension pot in a single fund, the Strategic Growth Fund (SGF). His county council final salary scheme had netted him £150,000 and he had requested a medium risk investment following his transferring of...
3 Mar at 6 PM 2014
British pensioners who emigrated to be with grandchildren or for health reasons are being forced to return to the UK because their pensions are frozen in their host countries.
An example of the desperate decisions being taken by many elderly Brits who moved abroad to be with loved ones or to take advantage of warmer weather for their healths’ sake is a 90-year old grandmother who moved to Canada in 2001. An IT lecturer during her working life, she made the move to be close to her daughter and grandchildren who’d emigrated a few...
13 Feb at 6 PM 2014
After the BBC’s satellite switch last week, wails from Southern Spanish expat hubs could be heard for miles as aficionados realised they’d probably watched Eastenders for the last time.
The initial new satellite coverage map issued by the BBC showed a swathe of Europe covered by possibly less satisfactory signals, but at least they were there, unlike in the Costa del Sol and a few other Spanish expat hubs. Subsequently, ITV and Channel 4 switched as well, bringing the curtain down on Coronation Street to even louder wails....
11 Feb at 6 PM 2014
The British government is about to scrap part of the reciprocal healthcare agreement which ensures UK citizens can receive free healthcare in other EU countries.
At present, expats and visitors who need healthcare in other EU countries such as France and Spain
and do not qualify via employment are entitled to the service for free. As part of a cost-cutting exercise, the facility will no longer be available to Uk citizens under the age of 65, as the National Health Service will no longer reimburse other EU states for health costs...
7 Feb at 6 PM 2014
The long awaited BBC switch to its new satellite was expected to improve UK channels and possibly affect overseas viewers, but Costa del Sol expats didn’t expect to lose the free service entirely and are making their views known.
The migration of the service to the Astra 2E satellite is expected to be followed by Channel 4 and ITV as early as tonight, and Sky and Fox have already moved, possibly leaving tens of thousands of expat subscribers without any English language TV channels. The BBC switch took place yesterday, with the...
6 Feb at 6 PM 2014
The British love affair with Spain
is still as hot as ever, in spite of the infamous property scandals, demolitions and scamming developers.
As in decades past, the main attractions are the laid-back lifestyle and welcoming, warm weather, although the huge drop in property prices over the last several years also has its attractions. A new study has revealed that at least half of property bargain-hunters are looking for a holiday villa, a third can’t wait to leave the UK for ever and only 13 per cent are looking for a good...
4 Feb at 6 PM 2014
Analysts are suggesting that Portugal’s devastated property market is showing signs of movement, with the Algarve in particular having all but bottomed out and looking to attract interest in the near future.
Prior to 2008, properties in Portugal were priced at higher levels than in most popular holiday home, expat and retiree destinations. The country’s subsequent economic turmoil has resulted in real estate now being priced at a third lower than comparable homes in the UK.
Now that the market has all but bottomed out, home...
3 Feb at 6 PM 2014
The UK government will scrap winter fuel allowances at present received by 92,983 British pensioners living across Europe, thus saving almost £17 million.
The controversial plan is the brainchild of Work and Pensions Secretary Ian Duncan Smith, and is causing anger across Europe’s retirement communities for its unjust application. In his latest announcement, Duncan Smith reiterated that the rule will apply to countries with average annual temperatures higher than 5.6 degrees centigrade.
Duncan Smith is blaming a recent change...
7 Jan at 6 PM 2014
British women emigrating to Spain
aren’t just sitting in the sunshine enjoying their retirements or breaks from the world of work, they’re out there making their mark in communities and online.
The role of women in Spain’s traditionally male-dominated society has undergone massive changes over the last half-century, with the female workforce now standing at 40 per cent of the total of those employed. Globalisation has resulted in women’s empowerment in the largely Roman Catholic state, with expat entrepreneurs networking with...
2 Jan at 6 PM 2014
A petition by lobbyists attempting to reverse the withdrawal of winter fuel allowances for expat pensioners is getting the cold shoulder from the majority of retirees overseas.
With over 200,000 British pensioners living overseas in European states due to lose their winter fuel allowance, it’s a surprise that the petition has so far attracted just 15,000 signatures. Many of the thousands of retirees living abroad are located in regions with colder, if shorter, winters than those in the more southerly regions of England....