Ex Pat Pensioners Election Fears

Retired UK Pensioners are concerned about BREXIT and the dip in the value of the pound, from €1.30 just before the ballot to around €1.15 now.

“If you’re on a limited or fixed income and that’s your pension then it matters and it matters big time,” says one commentator.

If the UK comes out of the EU without a deal, expatriates will have to pay for their own healthcare a fact that many would argue is impossible.

Large numbers of brits returning to the UK would damage Spain’s economy but the could overwhelm the National Health Service. Nigel Farage made much about young fit immigrants causing waiting lists at doctor’s surgery’s. The real problem is large numbers of elderly pensioners returning to live in the UK and needing sigificant healthcare.  

Overseas ex pats living on their retirement savings are very worried about the future. So indeed, are the Spanish Authorities.

Since launching their Manifesto, Conservative support has been waning. The Tory’s could still win on June 8^th, but it is not looking like the resounding victory that had been expected? It could even go the other way if people realize that Labours policies are very sound and continuing austerity is a failed policy. Borrowing went up under the Tory government. Labour had actually run the run economy well during the last Labour government.  The Torys are cutting corporation tax and taxes to the wealthy, but eventually there has to be someone to pay for the services that make us a civilized nation? Including potentially the support for these overseas pensioners forced to return to the UK.