Cost of living for expat pensioners in EU rises twice as fast as in UK

clock • 2 min read

UK citizens living in European countries are likely to have to pay twice as much for their cost of living as UK-based counterparts according to an extensive new survey published today. New data from Equiniti, an international technology-led services and payments specialist that manages the payments of over 60,000 UK expat pensioners, said in a statement that it has found that that those who retired to Europe have seen their cost of living increase by 14% due to currency shifts since May 2015 - almost double the rate of inflation in the UK (7%). Since the date of the UK general electio...

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