why is loss of freedom of movement in eu seen as a big deal

King Billy · Wednesday at 7:31 AM

motorbiking said:
Another Brexit problem that nobody is experiencing.

2 or 3 of an assumed average of regular posters on here. That's 2 or 3% extrapolated to 13,000,000 pensioners, not including early retiress.

motorbiking · Wednesday at 7:34 AM

King Billy said:
Where is that data supporting your claim that half of UK pensioners can qualify to retire to Greece?
As I recall it was an unsupported claim of yours.

I provided the source, you ignored it. 4M people have pots over 220k

King Billy said:
But this is the median pot worth for those holding a private pension pot.
If the data includes those not holding any private pension pot:

Not much point is including 18 year olds in the data.

King Billy said:
As I said, and keep saying the criteria for retiring to an EU country for UK pensioers is not easily met

4M retirees can easily meet it with their pension assets alone. Once you factor other assets, it will be a much bigger pool
This article suggests the real number is 70-80%
https://moneyweek.com/personal-finance/average-net-worth-by-age-uk

King Billy said:
Pre Brexit there were no such criteria for pensioners to meet to retire to the sun, and reduce their outgoings on such things as energy bills, food, etc.

FoM in its current form was barely 10 years old when the Brexit vote occurred.

Brigadier · Wednesday at 7:43 AM

motorbiking said:
I provided the source, you ignored it. 4M people have pots over 220k

And yet, when the winter fuel payments issue was causing such a kerfuffle,

motorbiking said:
Perhaps Labour should have just left it alone.

King Billy · Wednesday at 7:54 AM

motorbiking said:
I provided the source, you ignored it. 4M people have pots over 220k

According to your carefully worded query, for only those holding a pension pot.

motorbiking said:
Not much point is including 18 year olds in the data.

Moving abroad isn't limited to pensioners. Probably far more young people want that opportunity than pensioners.

motorbiking said:
4M retirees can easily meet it with their pension assets alone. Once you factor other assets, it will be a much bigger pool
This article suggests the real number is 70-80%
https://moneyweek.com/personal-finance/average-net-worth-by-age-uk

I suspect your are familiar with how the average can be skewed by the extremes.

motorbiking said:
FoM in its current form was barely 10 years old when the Brexit vote occurred.

14 years I believe. And in that 14 years

In 1992 the Maastricht Treaty, by introducing the legal concept of EU citizenship, .... At around this time, hundreds of thousands of ageing British workers decided to retire in the south of Spain.

To the South of Spain alone.
Then there was the Balearic and Canary Isles, Portugal, France, Italy, etc.

Now reduced to a mere 40,000 due to not meeting the criteria.

over a quarter of a million people participate in the Erasmus programme every year. A 2010 Eurobarometer study reported that ten per cent of those surveyed had taken advantage of the freedom of movement, while 17% stated that they intended to do so. As well as being popular, studies show that freedom of movement has conferred many benefits.

1. Freedom of Movement vs. Visa Requirements

Pre-Brexit: British citizens had the automatic right to live, work, or retire in Spain. Moving involved simply turning up, finding a property, and registering at the local town hall (empadronamiento).

Post-Brexit: British nationals face the 90/180-day rule. You cannot stay in the Schengen area for more than 90 days in any 180-day period without a visa. To retire there permanently, you must apply for a long-stay residency visa at a Spanish consulate in the UK before you move.

Highlighting a temporary potential lower criteria for Greece, (not particularly attractive to UK pensioners) in no way excuses the tremendous loss of opportunity to UK citizens.

Mottie · Wednesday at 7:57 AM

King Billy said:
Pre Brexit or post Brexit?

Both.

King Billy said:
There's two ot three on here, out of the (supposed) 100 regular posters, that's 2 or 3% of retirees.

Two? Or three? Names please.

King Billy · Wednesday at 8:00 AM

Mottie said:
Two? Or three? Names please.

Ellal, R&C, MBK, of those expressed a particular interest.
Now can you name 50 of the (assumed) 100 regular posters on here.
Then we can arrive at a more exact presumption of the percentage involved?

motorbiking · Wednesday at 8:03 AM

King Billy said:
Highlighting a temporary potential lower criteria for Greece, (not particularly attractive to UK pensioners) in now way excuses the tremendous loss of opportunity to UK citizens.

About 20-30% can't make it work and those 20-30% will find retirement a struggle everywhere.

Brigadier · Wednesday at 8:03 AM

King Billy said:
Highlighting a temporary potential lower criteria for Greece, (not particularly attractive to UK pensioners) in now way excuses the tremendous loss of opportunity to UK citizens

If the choice is one, it doesn't meet the definition of an "option"

motorbiking · Wednesday at 8:07 AM

King Billy said:
Ellal, R&C, MBK, of those expressed a particular interest.
Now can you name 50 of the (assumed) 100 regular posters on here.
Then we can arrive at a more exact presumption of the percentage involved?

Ellal previously claimed a 1M pension pot - box ticked
I easily tick the box.

Brigadier said:
If the choice is one, it doesn't meet the definition of an "option"

Cyprus, Greece, Malta, Spain, Portugal arę all offering tax incentives for UK retirees. Even France is happy with minimum wage + medical insurance.

King Billy · Wednesday at 8:11 AM

motorbiking said:
Ellal previously claimed a 1M pension pot - box ticked
I easily tick the box.

The 3% was based on those stating an interest or an intention, not on those meeting the criteria.

motorbiking said:
Cyprus, Greece, Malta, Spain, Portugal arę all offering tax incentives for UK retirees.

But not easily met by the majority of those interested.
And it still entails an application, and process, to be approved.
This was not necessary pre Brexit.

Mottie · Wednesday at 8:12 AM

King Billy said:
Ellal, R&C, MBK, of those expressed a particular interest.

I’ve "expressed a particular interest" in climbing Everest, going to the North Pole and going to the moon.

Ellal 'claims' to have booked his and his family’s one-way tickets to his partners country after the referendum as well as ordering a container for their possessions. Never gave a true reason for not going, never showed any proof of those 'bookings' and never will. Just another bitter looser chucking his toys out of the pram.

King Billy · Wednesday at 8:15 AM

Mottie said:
I’ve "expressed a particular interest" in climbing Everest, going to the North Pole and going to the moon.

What is stopping you?

Mottie said:
Ellal 'claims' to have booked his and his family’s one-way tickets to his partners country after the referendum as well as ordering a container for their possessions. Never gave a true reason for not going and never showed any proof of those 'bookings' and never will. Just another bitter looser chucking his toys out of the pram.

He stated an intention, which I included in the numbers I quoted.
R&C also stated an intention. He wants to live near Himmy.

MBK is the only interested party, without a stated intention.

Mottie · Wednesday at 8:17 AM

King Billy said:
What is stopping you?

Same as what’s stopping those "expressing a particular interest" in retiring abroad. Haven’t got the balls.

King Billy · Wednesday at 8:21 AM

Mottie said:
Same as what’s stopping those "expressing a particular interest" in retiring abroad. Haven’t got the balls.

You can't project your reason onto others.

They will have their own private reasons and barriers to overcome, now, post Brexit.

Your problem has not changed due to Brexit.

motorbiking · Wednesday at 8:28 AM

King Billy said:
The 3% was based on those stating an interest or an intention, not on those meeting the criteria.

But not easily met by the majority of those interested.
And it still entails an application, and process, to be approved.
This was not necessary pre Brexit.

So we are left with those who'd like to do it, but do not have the means to do it and never did.

I'd like to own a Superyacht. Its not Brexit that stopped me.

70%+ of all 65 year olds and older living in the UK can achieve the minimum requirements.

why is loss of freedom of movement in eu seen as a big deal

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