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So France has the best quality of life in Europe. Or at least that was the finding of a recent study by consumer comparison service uSwitch.com, as I highlighted in a recent posting[1].

I imagine the residents of France may be thinking something different as this week’s round of strikes and protests gets underway.

News reports say the strikes are set to widen to include a range of sectors, including road transport, energy, posts, telecommunications and public service. The industrial action has brought fears of fuel shortages as workers at oil refineries walk out, and rail chaos as train staff join in, threatening to bring the country to a standstill.

The protest has been spurred by moves to raise the minimum retirement age from 60 to 62, and the full retirement age from 65 to 67 years – a change that rather undercuts one of the advantages of French life highlighted by the uSwitch.com survey. The government claims it is needed to prevent the country’s pension deficit from spiralling out of control and threatening the system as a whole.

In total, Nicolas Sarkozy’s government has announced plans to cut spending by €45bn over the next three years in a bid to meet its budget deficit target.

 

Meanwhile Spain, which came second in the uSwitch.com quality of life rankings, has seen unemployment more than double (to about 20%) since 2007. In a bid to curb its budget deficit, the government is raising the top level of income tax and introducing a range of austerity measures for 2011 designed to cut spending by 8%.

Of course, the UK faces its own economic difficulties – as, for that matter, does the United States. But if you’re aiming to escape your home country’s problems and find a better quality of life by moving abroad, it’s important to remember the grass is not always greener on the other side.


[1] http://expatliving101.com/living-in-spain/what-quality-of-life-can-you-expect-abroad/

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I received an email last week from a guy called David Jennings, a financial services expert who offers the benefits of his years of experience to expatriates in Spain. Given the benefits that sound financial management can bring to your expat experience (especially given the current squeeze!) I thought I’d pass on his details, in the hope it may be of use to some of you …

 

Financial Pages in Spain – David Jennings http://financialpagesinspain.blogspot.com/

 

I was involved in UK financial services for over 30 years, with experience in banking, insurance and pension planning. When I first bought a property in Spain 10 years ago I was astonished at the sheer bureaucracy of home ownership here. I am resourceful and I use Google extensively, but yet again I found frustration as I researched all things Spanish. Everything I ‘Googled’ was effectively an advertisement.

 

Ten years later, more grey hairs and full of personal experience, it’s my time to fight back.

 

My blog contains financial information, but does not give personal financial advice and does NOT include a single financial services advertisement. I guarantee that I will never advertise those financial institutions who wrap up information in biased adverts. Please check me out. Just like Paul Allen, if you bring forward a subject I can post, I will make my blog available to you. I am also pleased to answer your questions. Happy blogging.

 

 

Biography

 

I am David Jennings and generally known as DJ. I have been battling with Spanish bureaucracy for 10 years. Fortunately, I have over 30 years experience of banking, insurance and pensions in the UK and was not going to let them stand in my way. I still hear ‘urban myths’ from British people in Spain. So I want to bring together, without advertising, my experiences that I can pass to others. I am 59 years old and my financial services experiences are available to you all.

 

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