A third of people want to move abroad when they reitre but the popularity of Spain, France, Portugal and Greece has plummeted in the past year, the results of a study suggest….
The top three destinations were the US, Australia and Canada, if visa application was no issue, but a year ago Spain was the most popular destination.
The country, which is struggling with huge government debt and soaring unemployment, is now in fourth spot with only 23pc starting it as their prefered location compared to 33pc a year ago.
Thousands of expats have already moved back from the popular Costa resorts amid a crash in Spanish house prices and concerns about tax rises. A weaker pound against the euro has also eaten away at the buying power of British sterling-based savings and pensions on the Continent making it harder to make ends meet.
France has also seen a drop in popularity, down to 15pc from 22pc in the poll. Greece dropped out of the top ten.
Every single thing the Spanish Government / Regional Governments have done recently appears designed to discourage affluent foreigners / weather migrants from coming to live here and buying property in Spain. It’s madness 😥