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Spain 'top retirement destination for Brits'

Date : (News Section: Spain)

Spain 'top retirement destination for Brits'
Despite the ongoing eurozone crisis, Spain remains the most popular overseas retirement destination for British pensioners.

Research conducted by MGM Advantage, a specialist in retirement income, revealed buying a property in Spain and moving there after finishing work is still attractive to those living in the UK.

Pensions technical director at the firm Andrew Tully stated: "Retiring abroad is a dream for many people. The thought of an easier pace of living, better weather and potentially cheaper property than the UK can prove a strong draw."

France, Australia, Ireland and Cyprus completed the list of the top five retirement locations for Brits.

MGM Advantage offered advice to those considering moving overseas in their golden years, such as researching the cost of healthcare, the welfare benefits on offer to expats and the price of basic expenses.

Sales and marketing manager of Taylor Wimpey de Espana Marc Pritchard recently pointed out the favourable exchange rate between sterling and the euro means Spain is now more attractive to expats than it has been for several years.

Article by +Steve Binge on behalf of

Read More

  1. 14 August 2014 - Spanish Property Sales Up 8.8% in June
  2. 08 August 2014 - 2014: Property Investment Trends in 5 European Cities
  3. 17 July 2014 - UK Investor Appetite for Overseas Property Still Riding High
  4. 16 July 2014 - The Rise and Fall and Rise of Property in Fuengirola
  5. 02 July 2014 - 10 Things You Never Knew About Spain

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