ELDERLY expats on the Costa del Sol are packing up their belongings and heading home in unprecedented numbers, according to latest statistics.
Data from Spain’s National Statistics Institute (INE) reveal that between January 2013 and January 2014, the province of Malaga bid adios to 42,929 foreign residents, with old age, the loss of purchasing power and financial affairs some of the reasons for people leaving.
The typical example, according to INE, is an 80-year-old British or German expat who has spent the last 10 years on the Costa del Sol, but following the death of a spouse, will return home because of family or grandchildren. Of the 101 localities in Malaga province, 88 showed a reduction in the number of foreign residents within the one year time frame. Mijas registered the biggest drop with 9,313 foreigners upping sticks, followed by Marbella (4,345), Benalmadena (3,549) and Torrox (2,974). The only area to see any substantial growth in the foreign population was Velez-Malaga, which welcomed 897 more citizens. Malaga city saw 4,354 foreigners up and leave in the 12 month period.