Poles Flock to Spain Amid Fear of Russian Conflict

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Poles,Spain,Russian Conflict

Many Poles are choosing to buy homes in Spain due to fears of the conflict in Ukraine spreading. The collapse of communism and remote work opportunities have also contributed to the trend.

Agnes Marciniak-Kostrzewa’s phone won’t stop ringing. She’s been in the property business for 25 years, helping Poles to buy homes on Spain’s southern shores, but the past few months have been “really crazy.” There are lots of reasons why people might trade the Baltic coast for the Mediterranean. More than three decades after the collapse of communism, Poles are richer than ever before. Many who started businesses in the early 1990s are now looking to retire.

For Wieslaw, a retired Pole in his 70s, the prospect of war coming to Poland is a “black swan:” a low-probability, high-impact event. Still, he wants to hedge his bets. “When I heard stories of Ukrainian people being forced to leave their country within an hour, taking with them all their belongings, I realized then that all my property is in Poland,” said Wieslaw, who preferred to give only his first name to maintain his privacy.

 

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Source: washingtonpost - 🏆 95. / 72 Read more »