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
The requirement to register apartments rented out to tourists began some four years ago in Catalonia. Now, more and more regions are following this idea and the latest to introduce registration is Andalusia.
The debate over Britain’s status in the European Union is not just a matter for the British people living in the country, or British citizens living and working within Europe, it is also of concern to the other member countries too.
The High Court ruling today confirmed that any British expats who have been living away from the UK for over 15 years are unable to vote on whether the UK should stay or leave the EU. The case was spearheaded by a 94 year old veteran of World War II, Harry Shindler, who is resident in Italy, and a lawyer, Jacquelyn MacLennan. Their case was based on the argument that by denying them the right to vote on whether the UK should stay in or leave the EU, their right to freedom of movement under EU law was restricted, stating that their lives will be directly affected by the outcome of the referendu
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