Tag Archives: £

expats

29 Aug

london 12.11pm 16C sunny wednesday 2018

today i got to see what is actually happening to expats in europe, esp spain. the statistics are in. they are leaving . it is not surprising, when u consider the twin factors of brexit and the £ becoming almost equal to the euro. the latter alone will be enough to push people to leave and if not come back to the uk, which will apply to the majority;  then, less likely…to go to other countries outside the eurozone.

i think they would consider their time in spain a nice time while it lasts, even though when they first went there, they would not have thought that brexit would happen.

and once brexit is going to happen, then exchange rates will assume a big factor in their calculations as to how affordable living abroad means to them. the £ will be affected and it will always influence their stay wherever they are in the world.

maybe if u are an expat, consider your life as a nomad. which will be what it finally amounts to.  go where £ exchange rate is the best. and that means moving once in a while as the £ moves up and down. in other words, reconcile yourselves to the idea that you will have to move constantly as the fortunes of the £ ebbs and flows. now, turkey is a good country to go to for its exchange rate. as well as the constant favourites like india, malaysia, indonesia. 

personally, i always think that moving away to live will always be a short term goal. eventually, you will come back to uk, because health reasons! will push you to move back here. sooner or later,you will get too many illnesses, that would require you to come back and use the nhs.

 

eu and our leaving

8 Oct

london 8.51pm 14.2C saturday 2016

trouble with nowadays when news is so easily available and news feeds throw news our way continuously, it makes u feel as if there is so much turmoil in the world.

if not from man made killings, it is huricanes, like the one hitting america’s florida coast. it has devastated haiti, but it seems its force has gone down once it hit the coast. islands by the very nature get the worst blast from them. nothing to block them and deplete their force. these islands are considered paradise , or what paradise is like, but it  is not so paradisical as far as i am concerned. these devastating huricanes are not an isolated incident. it happens almost every year.

not many places in the world are trouble free from nature. that is why i consider uk as paradisical, in that the weather here is friendly and never extreme. if it does go extreme it is not horribly extreme. if that is not paradise, what is?

i had a very pleasant day today. nothing dramatic happened, but got a little bit of everything.

freebies to collect… free coffee from john lewis, and lego bricks from daily mail which i collected from the whsmith store in victoria station. so far i had not felt the urge to break open the pack and build it up.

and i avoided the traffic jam on that part of the west end that borders hydepark. there were marchers who had marched from the north to london to enact king harolds march to hastings to fight the normans, and where he got an arrow in his eye that ended it all. they had amassed at hyde park, and i supposed would have been quite nice to see, as they are wearing costumes, and i daresay the papers tomorrow will show them. but in terms of getting around london, i am glad i avoided them.

its quite a normal day in london, people going about their business, whether shopping or eating out, which is all i see, from the top of the bus. you would think that is all they do, but then they all look like tourists. and they are enjoying themselves what with the £ costing so much less now. its parity now. £1= 1 euro.

i can see the businesses in central london may well depand on the tourists spending their money. how else are they going to get customers, certainly it would not be possible to have so many businesses like there are here making a profit if they only rely on locals patronising them. every  business seem to be full of customers inside. it might be to uk ‘s advantage that the £ is low… tourism will boom.

the papers are also full of articles about the fears of eu punishing uk for voting to leave. they have threatened it, so it is not a fear that is unfounded. we shall see if they really can do it and not make themselves lose money. and obviously they will try their best to steal business from the city of london and other uk businesses. but they are especially eager to bring back financial business back to a european capital, and centre it in frankfurt or paris. though plenty of observers say they dont have the expertise , and the business will go to new york, if they try to cut out london. or the whole thing fails and they do not get london or new york and their own businesses find it hard to raise finances or do any business. we shall see.

in the meantime i think we here in uk will have to keep to our shores, and forego foreign holidays for a time. at least for those of us who like a bargain. because it really rankles when the £ does not buy as much as it did before in europe. at least i get rankled haha. that is why i stopped going to europe when it dropped from £1=1.50euros to £1=1.20euros. now that it is £1=1euro, there is even less reason to go there. for me anyway.

i have yet to hear from my friends who have recently gone to europe. perhaps they did not notice much difference.  perhaps their liking for europe overides the low £, and they will still like going there. i wonder if the low £ will entice even those in europe who dont like to travel to come to england. or will they get so angry with uk voting to leave that they refuse on principle to come here. haha.

i have someone in the gay website telling me he is coming to uk, he is from bulgaria,and recently i got a message from him saying he is here, in london and staying at a hostel in bloomsbury. he wants to find work as a kitchen porter. his written english is good but he says his spoken english is poor. and from the news the govt has conceded that most of those eu citizens who are here will remain, as they cannot be forced to leave legally. so i think anyone who comes in now and work here will be allowed to remain. they will be given automatic leave to remain when uk finally leaves after giving the two year notice. uk is very gay friendly, and is ideal for a gay guy to come and live. 

i ahve a feeling eu citizens will still be allowed to come to work, uk needs them to fill up the vacancies. people should make a distinction between those who come specifically to bring their families and claim benefits from those who come to work and take up the job opportunities for work here. though if the £ remain low, i wonder if they might not find it not worth the effort as the money they earn will get less when they send it back to their home countries. 

added.7am sunday 9.10.16. i had word from him that it is difficult to open a bank account now. he said it was easier in the past. without a bank account it will be difficult to get that job. i suspect it is a catch 22, he cant get a bank account unless he gets a proper address, instead of a hostel; or a proper job.

 i have a feeling lots of new comers will get this drip drip obstacles put in their path. not only in uk with newcomers, but in europe, with uk citizens maybe not being able to get free medical treatment in europe. it is not a problem for uk tourists visiting europe, most will have travel insurance, but the long term stayers, the expats, they will feel it if they dont get their usual free access to medical care. 

added. 8.06pm 12.8 light rain,monday 17.10.16. i got a message just now from the bulgarian guy who came to london to work. he started work on 11.10.16. and lack of a bank account was not needed to get the job, he just needs one so that his salary can be put in it. so he used his friend’s account. it seems very easy to get jobs here. it looks like london need these eu workers to fill the vacancies.

 added. 7pm 13C wednesday 19.10.16 he got a job as a kitchen porter in a 5star hotel,

he says ‘ Yes they give us free meal and soft drinks.
Im working 9-10 hours per day from 7 pm to 5 or 6 am
with 1 hour break and in this hour we eating and drinking in zale for staff.’

its long hours, but hey, if i were him, i wont mind. after all the idea is to make money here. and long hours means the daily wage will be higher. even at minimum wage of about £7 an hour, that means about £70 , less tax and national insurance  so maybe £50 a day. it is possible he might get higher wage scale for the unsocial hours and weekend work. so he is looking at least £1000 a month take home pay. maybe more. hmm, i shall have to see if i can get him to tell me how much he gets. haha. but i can see why this kind of work will not appeal to the british person. such long hours… not to mention if i am on income support that is £65 a week,given to me free money…  plus if i get free housing, (£500 a month, if not more even if it is a room, and if a long term benefit person i  might have a one bedroom flat allocated to him by now, rent free or paid for by social security. ) he would have to earn hell of a lot more than £1000 a month to afford the rent. so no wonder none of them want this kind of work. 

 

£ against everyone else

25 Feb

london 10.53am 5.4C cloudy thursday 2016

the £ has dropped…

the market is really silly, to drop the £ just because of uncertainty. but it does not like uncertainty and would think the worst and will always want to cover its backside.all it cares about is … it is afraid of losing money. once we have the result after 23june, they should settle down. 

 exporters are happy the £ has dropped. and in many ways it is a good thing in the short run.

tourists from uk are finding it more expensive to go abroad, but i think that is not a bad thing. too many are spending £s abroad and selling £s.

i would prefer they decide to spend their holidays in uk, and spend their money here. and help the british economy. and if foreign goods are more expensive, it means local services and good will be relatively cheaper and persuade more  people to buy.

economics dont like to say this, but all people should buy their own country’s goods … if u buy foreign goods u are helping the foreign country and sabotaging your own. but no one can say it,everyone pays lip service to free trade. but if u want to help your country, buy only what is produced by your country. 

£1 = 5.87ringgit, 1.96singapore $, 49.66bhat, US$1.39,1.26 euro,95.75rupee,1.94Aus$,