In an interview with the French English-language newspaper The Connexion, Lawson sounded nonchalant about his decision, suggesting that the bureaucracy surrounding the application and developments such as Etias (the EU visa-waiver plan) were not a concern for himself and shouldn’t be considered so for other expats either.
Application problems for some expats
However, the Guardian reports that many Britons in France have already encountered problems with the residency card paperwork and fulfilling the necessary criteria.
Lawson was unfazed, suggesting that it was just a “tiresome rather than serious” issue.
Campaigners for Expat rights have been quick to react, with many citing the hypocrisy of the issue as well as general disgust for Lawson’s “blasé attitude”.
Debbie Williams, founder of BHOV (Brexpats – Hear Our Voice) said, “His comment about things being tiresome is pretty insulting to thousands of people who are going through a lot of hassle, expense and anxiety to get papers in order, all because of a vote they had no say in. Most folk don’t have the means he has… Like many, his thoughts upon loss of rights seem to relate only to his personal circumstances.”
Concern for the future
For many, the issue of preserving rights for all Britons including current expats is one thing – something Lawson has discussed at length in his reasons for supporting Brexit – but it is the potential loss of freedom of movement and the right to work and travel freely in the EU for future generations that has also sparked indignation.
Labour MP Andrew Adonis tweeted, “Good for Lord Lawson to live in France with full EU rights. Shameful that he is undermining right of others to follow suit.”
Expat financial services providers can help
While we can’t undo the issues caused by Brexit, the team at Blacktower in France and across Europe, can help expats as they approach the eventual shift. By planning in advance and seeking help where you need it, you will be as best prepared as possible when Britain’s exit from the EU finally takes place.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
On Thursday the Bank of England (BOE) rate committee met to discuss interest rates, and, even though inflation is growing, yet again they have decided to leave the base rate at 0.25%. They obviously feel this is the best option as they assess the extent of any consumer slowdown and while they continue to play the waiting game regarding how the EU Brexit divorce negotiations pan out. The BOE seems to be playing a deliberate wait and see game, and with economic news continuing to be negative in the last few weeks, it now seems likely that the base rate could stay at this level until at least 2019.
It’s not hard to see why Portugal is such a desirable destination for people wishing to move overseas in their retirement. The warm climate, reasonable living costs, and tax benefits for retirees mean it’s regularly voted as a top global place in which to live out one’s later years.