Has The Drop in Pound Value Made Emigration More Difficult?
March 20, 2010 3:56 am InvestingThe whole monetary system has been thoroughly traumatised thanks to the banking crisis, and in the UK, the weakening of the pound. This has had a knock-on effect outside the UK as now everything is more expensive when tourists and those emigrating from the UK use their pounds sterling to buy foreign currencies.
So is the idea of emigrating from the UK bad now? It seems it might be better to hold on a bit longer, and try other forms of investment, like values based financial planning in which your investment is based on your values and ethics. Here’s hoping for a stronger pound soon.