Britain: Almost as many Brits living in other EU countries than there are EU citizens living in Britain?

Is a British suicide in the making ?

Factcheck EU argues that Graham Watson, a Liberal Democrat member of the European Parliament, at  a time when the British public is particularly sensitive to issues regarding immigration into the UK, has defended  one of the bastions of the European Union, the principle of free movement, as a reaction to the British Prime Minister's intent to "crack down on European immigration rules."

To support his opinions, Mr. Watson argues that targeting specific nationalities when imposing restrictions on free movement could spark retaliations on British citizens living in other member states of the European Union. Mr. Watson reminds the British public that "there are almost as many Brits living in other European countries than there are other Europeans living in Britain."

Factcheck EU says this statement is not correct and base it on the following arguments.

A report on "Population and Social Conditions" published by Eurostat for the year 2012 states the figure is close to 1 million, which is less than the amount of other EU nationals residing on British soil. Factcheck EU then jumps one year ahead and states the most recent figures from Eurostat indicate that there are now over 2.3 millio European Citizens living in Britain..

Note EU-Digest: Factcheck is comparing Apples with Pears. What they do not describe is that either way the numbers are both substantial and a unilateral move by Britain to step out of the EU would be an economic disaster for Britain and the more than a million plus Brits living in the EU, not to mention the millions of Brits who own vacation homes in the European Union. 

Jim Cowles, Citi chief executive officer for Europe, Middle East and Africa, recently told the British Financial Times that there was "mounting concern" among clients about their ability to use the United Kingdom as a regional hub if the country exits the EU.

Bottom line Britain is far better off in the EU than outside it.

EU-Digest