Property Guides

The Impact of the Brexit vote in Italy

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.

Buying in France: make it easy on yourself

France Property Guide brings you top tips to stay motivated and buy your dream property in France successfully.   We may live in uncertain times, but France never seems to lose its allure for British people – with many more determined than ever to find their own bolthole in France. Let’s not forget that France is a very big country, with plenty to offer in terms of lifestyle, comfort, beauty, and space. We offer our Top Five Tips for staying on the right track and realising your dream of buying in France.

One Million Bank Accounts Closed by Spanish Banks

Bank accounts in Spain are being closed down. What do you have to do to make sure this doesn’t happen to you? Spanish banks have closed up to one million bank accounts. This sounds dramatic and some believe impossible, but the banks are required under the Law to do so. In order to restrict money laundering, all banks in Spain were required to obtain photocopies of identity cards or passports of each and every customer by the end of 2015.

Tax in France

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

Focus on Inheritance Tax and Legalities

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

Enjoying summer with an eye to your wallet

How can you enjoy your summer in Spain without spending a fortune? There are simple ways to save your money which we list below. Summer has arrived in Spain and we usually find we spend more at this time of year. Perhaps you will have a couple of ice creams a day, or will go out to eat more often or visit new places? Snacks on the beach, live music, fiestas all contribute to a larger than normal outlay. We suggest a few ways to save money while still having fun.

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