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

[Justin Passing]

The details if you look around in that Moneyweek link suggest many old duffers aren't too badly off, especially the ones about to retire.
Pension pot plus property means a lot are in the 300 - 500k area.
The house prices rises of recent decades have meant that that generation have a valuable parents' home, perhaps worth a few hundred k and clear of the mortgage which is a substantial amount even when split between (say 2) kids in their 60's. IHT starts high enough not to hurt too much..
I know OF a few people who have either rented their house out to support their living abroad, or sold up. invested the money at well above inflation and have enough to go live somewhere cheap.
Indonesian islands are quite popular, you can employ house-people for buttons and have a "special massage" whenever you want.
Spanish Islands too, Menorca etc.

I have looked into it a bit - I could easily take pension & benefits out of the country, have investments elsewhere (ie US shares), come back for free NHS etc.
I know a couple who somehow manage to Air-BnB the house except for when they come back to live in it. Officially, that's their home.

Pensioners? Who'd 'ave em? Blight on society.

Rachel could do a lot to keep the solvent old duffers here.

 

[King Billy]

...
I know OF a few people

We're talking of thousands, not the odd few.

Rachel could do a lot to keep the solvent old duffers here.

Like improve the climate?

Or perhaps you were thinking of lower national wage for the servants? I don't think that's a Labour initiative.

 

[motorbiking]

The details if you look around in that Moneyweek link suggest many old duffers aren't too badly off, especially the ones about to retire.
Pension pot plus property means a lot are in the 300 - 500k area.
The house prices rises of recent decades have meant that that generation have a valuable parents' home, perhaps worth a few hundred k and clear of the mortgage which is a substantial amount even when split between (say 2) kids in their 60's. IHT starts high enough not to hurt too much..
I know OF a few people who have either rented their house out to support their living abroad, or sold up. invested the money at well above inflation and have enough to go live somewhere cheap.
Indonesian islands are quite popular, you can employ house-people for buttons and have a "special massage" whenever you want.
Spanish Islands too, Menorca etc.

I have looked into it a bit - I could easily take pension & benefits out of the country, have investments elsewhere (ie US shares), come back for free NHS etc.
I know a couple who somehow manage to Air-BnB the house except for when they come back to live in it. Officially, that's their home.

Pensioners? Who'd 'ave em? Blight on society.

Rachel could do a lot to keep the solvent old duffers here.

The CGT tax changes, particularly on those who are basic rate payers was a real sting. Quite clearly an attack on those who self fund early retirement. There are plenty of EU countries with zero rate on CGT.

 

[Mottie]

Like improve the climate?

No need for Rachel to help with that. We're getting hotter summers and warmer winters.

 

[motorbiking]

Soon the south of England will be better for growing wine than France.

 

[King Billy]

The CGT tax changes, particularly on those who are basic rate payers was a real sting. Quite clearly an attack on those who self fund early retirement. There are plenty of EU countries with zero rate on CGT.

Of the four most popular retirement destinations, only Greece has some zero rated CGT, depending on the specific class of personal investment.
But Greece is the least favourable of the four most popular destinations.

 

[King Billy]

Soon the south of England will be better for growing wine than France.

A big tax windfall for Rachel. I bet she'll drink to that.

The tax on wine produced in England is significantly higher than on wine produced in France. Because the UK applies alcohol duty by the bottle based on alcohol strength, tax on a bottle of English wine is roughly £2.60 to over £3.30, whereas France charges a negligible agricultural excise duty of about 3p per bottle.

Tax that would otherwise have gone to France. But I suspect France can afford it, as the worlds largest wine producer.

 

[Mottie]

Soon the south of England will be better for growing wine than France.

You may laugh but three people over my allotment are growing grapes.

 

[Mottie]

But I suspect France can afford it, as the world’s largest wine producer.

Italy.