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If we vote for Brexit what happens

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Comments

  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    CLAPTON wrote: »
    brexit give the UK the option of determining the level of immigration.

    I don't know what the people will vote for in practice once given the chance. Neither do you.

    "what the people will vote for"? Which government do you imagine you can vote in which will limit the level of immigration?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    CLAPTON wrote: »
    brexit give the UK the option of determining the level of immigration.

    The UK has the option of reducing non-EU immigration to zero but chooses not to.

    Can't see why a Brexit would lead to a different choice being made.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    "what the people will vote for"? Which government do you imagine you can vote in which will limit the level of immigration?

    well, if the UK voters are turkeys voting for christmas then I reluctantly accept that democratic judgement;
    however times may change and so might political parties with more concern for peoples real welfare.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    mwpt wrote: »
    What about people who aren't that well funded? They can find very cheap areas to retire to in the EU right now and live better lifestyles (for them).

    So I'm asking about a situation that affects many potential voters and asking if the leave campaign have a specific plan to address this issue or if, as you and others have confirmed, there is no plan, except to leave.

    From your postings this subject is very important to you MWPT. No one can predict what the case will be however there is one thing you might want to think about.
    Currency.
    Your assets/income/pension are likely to be in pounds. Most of the "warmer" countries you may wish to retire to use the Euro.
    It is highly expected in the case of a Brexit there will be a fall in the values of the pound. This might be short lived or it may not. This will make it much more expensive for those who have pounds to spend in the Euro zone.

    In fact as I have said before. Anyone who believes Brexit will win and are planning a Euro Zone holiday this year should buy their Euros NOW.
    There will be no Brexit dividend for Britain.
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    gfplux wrote: »
    From your postings this subject is very important to you MWPT. No one can predict what the case will be however there is one thing you might want to think about.
    Currency.
    Your assets/income/pension are likely to be in pounds. Most of the "warmer" countries you may wish to retire to use the Euro.
    It is highly expected in the case of a Brexit there will be a fall in the values of the pound. This might be short lived or it may not. This will make it much more expensive for those who have pounds to spend in the Euro zone.

    In fact as I have said before. Anyone who believes Brexit will win and are planning a Euro Zone holiday this year should buy their Euros NOW.

    Well. I'm hesitant to give too many personal details away on an internet forum but actually I have the best of all worlds. I have a very mongrel and mixed heritage. I was born in one country, raised in another, moved to another, then another and so on, and finally settled in the UK.

    I actually have UK ancestry on one side so if I wanted to I could apply for a residence visa and eventually a UK passport. Which I may have to do depending on the results of the referendum and any further outcomes. But at the moment my primary passport is an EU one, with a secondary passport from outside the EU. My partner has a UK passport but she too could apply for an EU one on account of mixed heritage.

    I don't have a fixed long term plan but retirement somewhere warmer or at least a little more spacious is a firm probability. Due to various circumstances with family, friends etc, the South of France is on our radar. So in practice, I am unaffected too much by a Brexit vote in this respect but I am conscious that others with similar plans to myself might have them scuppered. It seems a shame when I still haven't been able to fathom precisely what in the day to day sense we hope to gain from Brexit while potentially giving up a lot.
  • michaels
    michaels Posts: 29,225 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    mwpt wrote: »
    I don't have a fixed long term plan but retirement somewhere warmer or at least a little more spacious is a firm probability.

    You want to retire somewhere a little more spacious but are happy that the UK should be subject to unlimited inward migration because you can pish off to somewhere less crowded and after all the more crowded the UK gets the relatively more valuable your UK property asset will be?
    I think....
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    michaels wrote: »
    You want to retire somewhere a little more spacious but are happy that the UK should be subject to unlimited inward migration because you can pish off to somewhere less crowded and after all the more crowded the UK gets the relatively more valuable your UK property asset will be?

    Spacious was more in reference to a bigger house but of course I also like views and would not say no to them.

    No firm plans but South of France (relatively crowded and expensive anyway) is a possibility. Other options are further south west from current location into Surrey or around the other way into Kent. Or a further move out west near to Bristol or Bath. We like that area. The other long shot is that I become quite wealthy indeed and am able to buy a decent sized house somewhere near the river in SW London or perhaps Wimbledon Village (I like that area) and we stay in London. The crowds don't bother me much, I like the vibrant atmosphere and would happily stay in London for the next 15 years till retirement (I hope to retire 'early').

    You make out as if a vote to stay in the EU is a choice between crowds and no crowds. This is just another fallacy argument on the brexit side.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    gfplux wrote: »
    From your postings this subject is very important to you MWPT. No one can predict what the case will be however there is one thing you might want to think about.
    Currency.
    Your assets/income/pension are likely to be in pounds. Most of the "warmer" countries you may wish to retire to use the Euro.
    It is highly expected in the case of a Brexit there will be a fall in the values of the pound. This might be short lived or it may not. This will make it much more expensive for those who have pounds to spend in the Euro zone.

    In fact as I have said before. Anyone who believes Brexit will win and are planning a Euro Zone holiday this year should buy their Euros NOW.


    Well, if you are sure that the pound will devalue relative to the euro, you have a unique opportunity to make a fortune by borrowing in pounds as much as possible (mortgage the house?) and buy euros, ready to sell once the pound collapses.

    Given the huge balance of trade issues we have due to the ever expanding need for essential imports (food, fuel etc) to feed the expanding population, you would be on a one way bet.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    You make out as if a vote to stay in the EU is a choice between crowds and no crowds. This is just another fallacy argument on the brexit side.


    it is true that in or out isn't a choice between crowds or no crowds.
    It is so that immigration will increase crowds and it will certainly make housing situation worse for young people as more people compete for houses.

    Interesting that you don't see your long term future here which probably explains your indifference to the welfare of the people of the UK.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    And the latest endorsement for brexit is coming from.... Islamic State.
    ISLAMIC STATE (ISIS) is keeping a keen watch on the British referendum hoping that the ‘out camp’ will achieve a Brexit, a jihadi-turned British spy has claimed.
    The jihadis now allegedly see a Brexit as a victory that would lead to the break-up of Europe.

    http://www.express.co.uk/news/uk/662231/Out-supporters-ISIS-want-to-attack-UK-to-force-BREXIT-which-will-destroy-the-Union
    Don't blame me, I voted Remain.
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