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Well I DID.NT vote for brexit but I will sign as I hope it gets changed.
I think a lot of people voted leave possibly didnt even know of the 90/180 day rule.
Doris wrote on Tue Mar 16, 2021 9:32pm:
Never tell me what to say. I am very bitter against Brexit. It has cost me and others thousands. Do you expect me to be happy about it? The loss of money might not mean much to you but on my small pension it could mean a meal, and for what? So I repeat, don’t preach at me for my opi...
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...nions, I’m sure you have yours. Leave means leave as brexiteers NEVER stopped crowing about and 90 days means 90 days.
As hartcjhart said, I would also-be interested in hearing how you are losing thousands. I am no expert but as far as I know any pensioner that was already legally living in Spain have had all their benefits safeguarded. The only thing I can think of that has stopped is the heating allowance, please correct me if I am wrong, this does not amount to thousands. As mentioned the exchange rate is strong. Please keep your reply civil, I am just trying to understand all perspectives.
Kayh wrote on Wed Mar 17, 2021 8:52am:
As hartcjhart said, I would also-be interested in hearing how you are losing thousands. I am no expert but as far as I know any pensioner that was already legally living in Spain have had all their benefits safeguarded. The only thing I can think of that has stopped is the heating all...
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...owance, please correct me if I am wrong, this does not amount to thousands. As mentioned the exchange rate is strong. Please keep your reply civil, I am just trying to understand all perspectives.
I really can’t believe this question about losing thousands. If you don’t know how the exchange rate mechanism works I will explain. It’s nothing to do with cold weather payments, just the entitlement of the state pension that all pensioners are entitled to wherever they live and private pensions that hard working people have paid into for years. The day before referendum the pound traded at approximately 1-30 euros to the pound meaning that for every thousand pounds transferred you got 1300 euros. Today it’s trading at about 1-17 meaning you get about 1170 euros for every thousand, a discrepancy of approximately 130 on every thousand earned per month. So if your combined pensions are about one thousand a month you are losing approximately 1560 a year. Over 5 years since brexit this amounts to nearly 8 thousand euros lost. These are an approximation of my figures, some will be considerably more. Also, the pound IS NOT STRONG, it’s just stronger than beginning of this year but compared to before the referendum result it is substantially lower.
Doris wrote on Wed Mar 17, 2021 10:20am:
I really can’t believe this question about losing thousands. If you don’t know how the exchange rate mechanism works I will explain. It’s nothing to do with cold weather payments, just the entitlement of the state pension that all pensioners are entitled to wherever they live and pri...
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...vate pensions that hard working people have paid into for years. The day before referendum the pound traded at approximately 1-30 euros to the pound meaning that for every thousand pounds transferred you got 1300 euros. Today it’s trading at about 1-17 meaning you get about 1170 euros for every thousand, a discrepancy of approximately 130 on every thousand earned per month. So if your combined pensions are about one thousand a month you are losing approximately 1560 a year. Over 5 years since brexit this amounts to nearly 8 thousand euros lost. These are an approximation of my figures, some will be considerably more. Also, the pound IS NOT STRONG, it’s just stronger than beginning of this year but compared to before the referendum result it is substantially lower.
Thank you for explaining I can see your point of view, just a couple of observations, your UK state pension was earned through being a British taxpayer, and as such it is not an unfair assumption that the pension would be spent in UK helping UK businesses and economy etc. Ex pats have had very lucrative years previous with strong exchange rates, and substantially lower cost of living. Exchange rate fluctuate for many reasons, and as such should be considered when deciding to move away. It is nobody’s fault just a fact of life and the way economies work. It is not worth being so bitter over things that are not in your control. Look on the bright side, I would hazard a guess that if you went back to the UK you would be even worse off, and you have the bonus of having better weather in Spain.
Garyb2020 wrote on Tue Mar 16, 2021 4:03pm:
Hi, it has been posted on Facebook to hopefully get a reading in the commons, but requires anther 89,000 signatures, hopeful that it gets to the target, main thing is to get it into the wider public domain, as well as the Spanish forums.
Good post I disagree about people who voted brexit will not vote, the did not vote brexit because of Spain but the idiots running it ...nobody has a issue with any country in Europe. , just the way the Eu is run and so many others are now asking the same question. .. I to believe this will happen in time. ...
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Posted: Wed Mar 17, 2021 11:37am
Very helpful member
Doris wrote on Wed Mar 17, 2021 10:20am:
I really can’t believe this question about losing thousands. If you don’t know how the exchange rate mechanism works I will explain. It’s nothing to do with cold weather payments, just the entitlement of the state pension that all pensioners are entitled to wherever they live and pri...
Read more...
...vate pensions that hard working people have paid into for years. The day before referendum the pound traded at approximately 1-30 euros to the pound meaning that for every thousand pounds transferred you got 1300 euros. Today it’s trading at about 1-17 meaning you get about 1170 euros for every thousand, a discrepancy of approximately 130 on every thousand earned per month. So if your combined pensions are about one thousand a month you are losing approximately 1560 a year. Over 5 years since brexit this amounts to nearly 8 thousand euros lost. These are an approximation of my figures, some will be considerably more. Also, the pound IS NOT STRONG, it’s just stronger than beginning of this year but compared to before the referendum result it is substantially lower.
Not wishing to start an argument but think you will find that in 2008, when many were living in Spain and elsewhere, that the pound plummeted to almost parity with the Euro due the financial crisis bought on by the bankers and the mortgages debacle. It can therefore be argued that those who suffered in 2008 / 2009 have indeed seen their exchange rate vary for the better. I believe BREXIT is perhaps in part a partially responsible for the exchange rate but that there are bigger players involved.
I never voted in the referendum as we were living and resident in France at the time so felt I had no say in which way the UK wanted to go. Now in Spain, as a tax paying resident, I would support the increasing of the 90 day rule as it would not only benefit those Brits caught up in this, but invariably it will support the Spanish economy.
Those Brits, and other Nationalities, who simply exist below the radra with a foot in both camps I have no sympathy for however.
Doris wrote on Tue Mar 16, 2021 10:16am:
ANY petition or plan to change this rule must be stopped. Whist I am sorry for people that that voted ‘remain’ in the referendum, there must be no change to a rule that would allow brexiteers to prosper from the vote to leave. As brexiteers never stopped reminding us, ‘leave means lea...
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...ve’. I say, ‘90 days means 90 days’. You reap what you sow. Suck it up. If I sound bitter, you are correct. Brexit has cost me and a lot of people on this site thousands over the last five years so why should brexiteers have their cake and eat it? Again I repeat, sorry for remainers but brexiteers are to blame. Doris.
How does the number of days ( 90 Versus 180 ) affect you personally?
Are you further financially burdened if people can stay for 180 days?
Kind regards,
Steve
Andymac1951 wrote on Wed Mar 17, 2021 11:37am:
Not wishing to start an argument but think you will find that in 2008, when many were living in Spain and elsewhere, that the pound plummeted to almost parity with the Euro due the financial crisis bought on by the bankers and the mortgages debacle. It can therefore be argued that those who...
Read more...
... suffered in 2008 / 2009 have indeed seen their exchange rate vary for the better. I believe BREXIT is perhaps in part a partially responsible for the exchange rate but that there are bigger players involved.
I never voted in the referendum as we were living and resident in France at the time so felt I had no say in which way the UK wanted to go. Now in Spain, as a tax paying resident, I would support the increasing of the 90 day rule as it would not only benefit those Brits caught up in this, but invariably it will support the Spanish economy.
Those Brits, and other Nationalities, who simply exist below the radra with a foot in both camps I have no sympathy for however.
Nope I bought in 2008 the pound was 144 to the euro ... a lot better then than now. ...
Posted: Wed Mar 17, 2021 1:50pm
Very helpful member
Ian 77 wrote on Wed Mar 17, 2021 12:38pm:
Nope I bought in 2008 the pound was 144 to the euro ... a lot better then than now. ...
I think you will find that in December 2008 the pound to euro was trading at 1.02. We bought our place in France in 2007 and received 1.40. The rate has fluctuated since but has never climbed back to the 1.40 rate either before or after BREXIT.
Andymac1951 wrote on Wed Mar 17, 2021 1:50pm:
I think you will find that in December 2008 the pound to euro was trading at 1.02. We bought our place in France in 2007 and received 1.40. The rate has fluctuated since but has never climbed back to the 1.40 rate either before or after BREXIT.
Nope I bought in 2008 and it was very high ... the euro was poor. Then
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