Where will Exchange Rates Go for Expats in the Coming Months?
Monday Money Blog Examines the potential impact of a Rise in UK Interest Rates before the November 2017 Budget, and
Reveals 6 Benefits for Expats from Higher UK Exchange Rates v Euro
ProACT Sam Orgill Tax Saving Expat Experts
The EU Brexit Vote has hit British Expats Living and Working in the EU hard. The day after the Brexit vote on 24/6/2016 Sterling fell sharply from £1=Euro1.30 so by the end of October 2017 the Pound is trading at £1.00 = Euro 1.13 , a mighty fall of nearly 15% in 16 months.
This affects how many Euros to spend have UK expats living in euro land, or the £ Sterling back taken home after the sale of Euro-land overseas property. Here we look and the background and reveal:-