The number of British citizens looking to move abroad has increased by approximately 30 percent since Britain voted to leave the EU, with Spain one of the top destinations.

Many Britons unhappy with the result of the recent vote to leave the European Union are considering a move abroad; a recent study by the London School of Economics concluded that as many as ten percent of 18- to 25-year-olds who voted to ‘Remain’ are now considering leaving the country.
And far from being put off moving to Europe, where they are now unsure of their rights, many Brits are seriously thinking about making the move.
Spanish real estate agencies have registered an increase in enquiries from UK-based clients interested in moving to Spain following the UK’s decision to leave the EU.
Special interest has been shown to Spain’s three biggest cities: Madrid, Barcelona and Valencia, where there are more job opportunities available…
The fall of the pound has made it more expensive for Brits thinking about moving to Spain, but not everyone is put off by the hike in prices as you cant put a price on wall to wall sunshine 320 days of the year!
“Spain will always have an appeal for the British even though it may become marginally more expensive for them holidaying or buying here. In the long term, British buyers will benefit significantly if they buy property in Spain.”
And Brexit could have an unexpectedly good impact on the Spanish property market.
“Many non-European buyers have started looking at alternative city locations to London which also have good property investment potential. There is also the prospect of some London-based banks and financial institutions moving some of their staff from London to Madrid.”
All in all, the cost of living in Spain coupled by the fabulous weather and the idea that you “CAN” plan trips out, BBQ’s and al fresco dining without having to worry about the rain spoiling it…

What we have to remember is that there have been British owners of Spanish properties well before Britain and latterly Spain entered the EU, also there is a 2 year time scale for complete exit and no negociations have taken place as of yet however it is more tan likely that Britain will remain as a ‘second tier’ member of the EU as Iceland, Norway and Lichtenstein are, by being a member of European Economic Area (EEA) rather than full-member of the EU. EEA membership would still enable UK citizens to live and work in the EU as they do now, albeit with restricted access to some rights and social benefits.
There are still fabulous bargains to be had in Spain as property in Spain is well below the UK’s prices so get your flights booked now! You know you want to!!!

Leave a Reply