How has the EU referendum result changed people’s views in Italy about the UK and their own place in the European Union. Italians have previously looked up to Britain as a stable, well organised nation of people, with utmost common sense. But since the EU referendum result and the flow of British political leaders dropping out of taking responsibility, they are looking at us Brits with a mixture of sympathy and disbelief.
France remains one of the most popular countries in which to invest in a second home, despite the recent EU referendum decision to leave. Our expat on the ground shares her thoughts… Whatever anyone thinks about the result of the EU Referendum, the fact is that the British people’s love of France remains undiminished and indeed there are signs that this is now stronger than ever. France is not only one of the most popular countries in which to buy a second home, but as we come to terms with the full impact of last week’s Referendum, it seems that for many British people, the dream they have al
For the many thousands of British people resident in Spain, Brexit has created a feeling of uncertainty about their future. A petition seeks to address their concerns by asking for Spanish and British citizenship. Two British journalists living in Spain have launched a petition to the Spanish government requesting that British citizens who have been resident in Spain for ten years or more be allowed to hold dual British/Spanish citizenship. This could affect around 400,000 British people and would remove some of the uncertainty British people living in Spain currently face following the vote t
Our expert Independent Financial Advisor partners in France believe that the tax system is likely to remain very similar to the current structure in the event of Brexit. This is because: a). Cross border taxation of income and capital (such as French property rental income, proceeds of property sales, UK residents inheriting French property, and all UK sourced income for French residents) is subject to existing Double Tax Treaties, which are set up completely independently from the EU and therefore do not fall under EU regulation. The UK leaving the EU will not automatically change this system
We asked Spanish property experts for their thoughts and guidance on the effects of Brexit for expats and property buyers in Spain. What are the effects on inheritance? EEA citizens currently pay the same inheritance tax as locals in Spain, however, as these double-taxation treaties are not created by the EU, Brexit should not affect these UK-Spain tax agreements. So, the reassuring news is that nothing will really change over the next two years. The main implication of the Leave decision that you need to be concerned with in the short term is the effect on exchange rates, and therefore your s
Spain is seeing price rises for property for the first time in 8 years. Is this likely to be a permanent trend or will Brexit bring them down again? Looking at the Spanish and British Press comments about the property market in Spain, you might be forgiven for feeling confused. On the one hand, some experts are saying that prices are likely to rise by as much as 12% over the next year, on the other side some suggest that the British are less likely to buy which will impact on the Spanish property market.
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