Shelter Offshore - ‘Get Real’ Would-Be Expats Warned | Britons living in Bulgaria. Guide to Bulgaria, Sofia and Varna

10/5/08

Shelter Offshore - ‘Get Real’ Would-Be Expats Warned


‘Get Real’ Would-be Expats Warned - Shelter Offshore


‘Get Real’ Would-be Expats Warned
Shelter Offshore, UK - Oct 3, 2008
According to the Daily Mail, 75000 Britons are choosing a new life abroad over their traditional life in the UK every single year – but in a frank survey ...
‘Get Real’ Would-be Expats Warned - Shelter Offshore Just 2 years ago the pound was worth almost EUR 1.50, whereas today, at the time of writing this it has slipped to just EUR 1.27. On top of this inflation in the eurozone has gone up sharply on everything from fuel to food prices, with one expat living in Spain telling us that she has noticed almost a 30% gain in grocery costs alone in the last two years. Prices for fuel in Cyprus have soared, prices for building materials in Bulgaria have risen sharply, and everywhere you look expats are feeling the pinch – none more so than those living in America of course. Do not assume that because property prices or taxes are lower in your nation of choice, that everything will be cheaper. Next up we need to talk about relativity! The cost of living in Bulgaria may be much cheaper than the cost of living in Britain…but when you move to live and work in Bulgaria you join the Bulgarian economy. When observed from the outside UK is a volatile basket case – fine if you’re in it for the ride – but if you step off the ride at any point and expatriate, it can be impossible to jump back on again! Therefore, by leaving your old life behind and starting a new one abroad you are not so much escaping all of the aforementioned factors, as relocating them to new shores – i.e., who you are comes with you wherever you live! If you’re unhappy with your life and where you are at in life perhaps you should look at the deep reasons why rather than just contemplating an escape. Shelter Offshore writers and contributors are subject to an Editorial Guide which requires fair presentation and disclosure of relevant interests.

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