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...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login