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Business April 16, 2026

Gibraltar BOOM: UK Pensioners Abandon Europe!

Gibraltar BOOM: UK Pensioners Abandon Europe!

The image was once remarkably consistent: a couple, seasoned by decades in Britain, envisioning sun-drenched days and a slower pace of life abroad. They’d meticulously plan, poring over brochures and attending overseas property exhibitions, dreaming of a comfortable retirement funded by a UK pension. This was the traditional path to an international retirement, a well-worn route for generations.

Stamp duty should be abolished for over-75s to encourage downsizing and free up family homes for younger buyers, according to Will Bax, CEO of Retirement Villages Group.

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