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Tag: Brexit

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Published on 2 Comments on Brexit: What does leaving the EU mean for expats?

brexit 1 - Brexit: What does leaving the EU mean for expats?Just over 4.5 million Britons live abroad, with approximately 1.3 million of them in Europe, according to the United Nations.

The top destinations for British expats in the European Union are Spain ...continue reading "Brexit: What does leaving the EU mean for expats?"

Published on Leave a comment on Spain ranks third as Plan B for foreign investors fleeing Brexit

Madrid Plaza Mayor e1486569845280 1024x576 - Spain ranks third as Plan B for foreign investors fleeing Brexit

Spain ranks third as the preferred destination for global investors looking to relocate out of the UK and into other European countries, according to a new survey released on Tuesday by EY. The audit firm (formerly Ernst & Young) asked senior business executives representing firms with foreign investments in Europe about the impact of Brexit on their operations. And 14% of respondents said ...continue reading "Spain ranks third as Plan B for foreign investors fleeing Brexit"

Published on Leave a comment on The British Costa exodus: loss of 5,000 people in a single year

Marbella pier e1485768509261 - The British Costa exodus: loss of 5,000 people in a single year

The British community in Malaga has shrunk by one third in three years. The speed is due to several factors such as ageing, loss of spending power and fiscal pressure, but its rate is increasing, according to the latest figures regarding continual residence.
...continue reading "The British Costa exodus: loss of 5,000 people in a single year"

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Published on 1 Comment on Spain shattered its own tourism record in 2016

Spain has shattered its own tourism record for the seventh year in a row: 75.3 million foreign visitors made their way to the country in 2016. That’s 7.2 million more than in 2015, for a rise of 9.9%, Menorca 300x225 - Spain shattered its own tourism record in 2016according to early figures from Spain’s Energy and Tourism Ministry.

Visitors to Spain in 2016 shelled out a total of €77 billion, up 8.3% from 2015 figures, while average per capita spending was €1,023 for a more modest rise of 3.75%. The average daily amount spent by visitors was €138, some 6.5% higher than a year earlier.
...continue reading "Spain shattered its own tourism record in 2016"

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Published on 2 Comments on British developers lead the revival of Costa del Sol’s property sector despite the Brexit

The United Kingdom’s decision to leave the European Union in June has not discouraged London-based property developers from investing in Spain. Among the companies looking to establish a presence along the Mediterranean are Round Hill Capital, which has chosen the Costa del Sol as its launch pad into Spain. ...continue reading "British developers lead the revival of Costa del Sol’s property sector despite the Brexit"