Some British owners in Spain have been spooked by Brexit and, keen to sell up quickly, are reducing their asking prices or may well be open to cheeky offers… especially as they will now they will receive more sterling for their euro when they transfer it back to the UK.
If you are worried about what life is Spain will be like after Brexit, it is far too early to panic. Many British living in Spain, or contemplating moving to Spain, are wondering what the UK’s vote for Brexit could mean for expat life. Although at this stage it’s still speculation, every day the blurry picture begins clearing and life post-EU Referendum begins to reveal itself. There are still negotiations to take place before an ultimate decision is made about the rights of current British expats in Spain and those wishing to move to Spain in the future. Here is what we can say so far
How has Italy been affected by the UK voting to leave the EU? On 27th July, 2016, British Prime Minister, Theresa May, visited Rome to meet with the Italian Prime Minister, Matteo Renzi, to discuss – among other things – the UK’s planned exit from the European Union. Together they faced the press in the gardens of Villa Doria Pamphili, St. Peter’s Dome gleaming in the sunshine behind them. With 600,000 Italians living in the UK, wondering how the Brexit vote will affect them, a journalist asked Theresa May whether the rights of Italians living in the UK would be protected.
The continuing ripple effect from Britain’s vote to leave the EU stretches ever deeper, with uncertain times for many British people in Spain and elsewhere.
Most expats woke up on the morning of June 24th to something of a shock: even though the polls showed that the EU referendum vote was going to be a close run thing, deep down most of us thought that we would remain in the EU. France Property Guide considers the impact of this decision on the 320,000 or so expats in France and on future buyers in France. There were 28 member states in the EU, France being one of them. This number will be decreasing to 27 when the much-discussed Brexit eventually takes place.
With headline news regarding “Brexit” slowing down a little, one would be forgiven for describing the current state of affairs as something of an anti-climax. However, there’s still a new reality on the way for expats in Portugal, which we explore in this article. Truly fleshed out details of the realities of “Brexit” in the aftermath of the UK’s “out” vote remain rather thin on the ground. News headlines in the past couple of weeks have been dominated by the “short and sharp” Tory leadership contest, followed by the appointment of Theresa May as Prime Minister. The disarray in the opposition
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