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RETIREES LEAVE BRITAIN IN THEIR DROVES…

Article Date : Sunday, May 14, 2006       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

So why are more and more people of retirement age moving away from the UK? The answers are plain and simple: As we are all aware, the cost of living is high in the UK and this, along with social problems and lack of sunshine, is finally pushing many of the members of the older generation away from their native land. For many, Britain no longer measures up to the dream life abroad and, provided they invest in a country with a solid existing infrastructure and EU status, the lifestyle and facilities can often compare very favourably to 'back home', for example, Cyprus or Spain. Retirees can still buy more for their money abroad. If selected carefully, their new property in the correct location, will allow them to continue to watch their investment grow to excellent levels. UK property owned by soon-to-be retirees can hold large amounts of equity, allowing many people to release equity and fund Buy-to-Let properties in emerging markets abroad. These properties are being viewed by many as possible retirement homes in future years when the country has matured to the desired level for their retirement.
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