Brexit

Corona has banished the brexite a little from the visual field.

The lockdown of the Corona pandemic is being selectively relaxed. The first trips to other European countries are possible again and the first "Brexite migrants" use this regained travel opportunity immediately and are now increasingly moving from the UK to the financial centre Frankfurt. Just in time for the start of the school year in August.

Four years after the referendum in Great Britain in favour of leaving the European Union, Frankfurt am Main sees itself as one of the winners on the continent.

Some 60 financial institutions have therefore successfully submitted an application to the Financial Supervisory Authority to establish or expand their business in Frankfurt. About 30 of them will operate their European headquarters in Frankfurt in future. The bottom line is that 31 new banks have come to Frankfurt since Brexit. The "Brexit refugees" include the majority of the large US banks, four of the five largest Japanese financial institutions and British banks. Barclays, the Royal Bank of Scotland as well as Standard Chartered, Goldmann Sachs and JPMorgan. Japanese institutions such as Nomura, Mizuho or Sumitomo are also mentioned. Thousands of jobs have already been created and more are to follow.

For some of the Brexiteers, the attitude to life in "Mainhattan" will be completely different from that in London.  The Brexiteers, who have already made experiences in Frankfurt, appreciate the short distances, the good schools, the infrastructure, the medical care and finally also the still cheaper rents compared to London and also the proximity to the nature in the Taunus.

If you are longing for the island, thanks to Frankfurt Airport, you are very well connected to London with its various airports such as London Heathrow, London Gatwick, London CityAirport or London Stansted.

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