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Retirement Flows to Mediterranean Locations

Economic effects to UK:
Healthcare costs are borne by the host country

Fewer older people to take care of meaning that less money needs to be spent
on building retirement homes,
Reduced dependency ratio

The grey pound is spent overseas

Loss of highly…

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Economic effects to Mediterranean:

Job creation in construction, retail and other services e.g. health.
More money spent on recreation and health care
More people are working as unpaid volunteers

House prices too high for local people.
Increased spending in the local economy

Social effects to Mediterranean:

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Largescale villa development has ruined much of the coastal landscape and
degraded biodiversity
Localised pollution has risen and flood risk rises as urban development occurs.

Political effects to Mediterranean:
Resentment as immigrants seek to enter local politics i.e. in San Fulgencio on
Costa Blanca, British and German expats set…


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