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Expats’ EHIC-Style Rights Guarantee a Step Closer

“For the 190,000 expat state pensioners who have chosen to live in the EU and those intending to retire to the EU, it will help by safeguarding reciprocal healthcare if there is no EU deal,” announced the government.

Baron O’Shaughnessy, Parliamentary Under Secretary of State at the Department of Health and Social Care commented, “Whether on holiday, working or retiring abroad, British people want to know they can access the same high quality healthcare that they enjoy in the NHS.

“This bill will allow us to implement new healthcare arrangements with other countries – in the EU and elsewhere – so that UK citizens can travel with confidence.”

Furthermore, the government has also reassured expats that it expects the existing EHIC scheme will survive “subject to an agreement with the EU”.

The bill was brought to parliament by Health Minister Jackie Doyle-Price. It lays the “legal basis to fund and implement reciprocal healthcare schemes and share necessary data after we leave the EU”.

Although the move has been criticised by some, it is undoubtedly a positive move as it represents an important contingency in the event of a no-deal.

Blacktower, expat financial services

At Blacktower we make it our priority to help you achieve your financial and retirement goals while also helping you negotiate all cross-border considerations, including those that are related to Brexit.

If you are seeking expat financial advice regarding Brexit</> and would like to find out more about how Blacktower’s wealth management services could benefit you, contact us today.

Other News

Details of McGregor’s estate opportunity to remember Cayman Islands work

It has been revealed that Harvey McGregor, the lawyer who innovated Grand Cayman as a tax planning centre for high net worth individuals, inspiring the growth of the financial services community in the Caribbean islands, has left an estate worth £1.4 million to his long-term partner.

McGregor had such a profound impact on the Cayman Islands wealth management sector that it is now home to the world’s fifth largest banking sector while also at the forefront of the expat financial services industry; with both Blacktower and Rothschilds having offices in the British Overseas Territory. It is also ranked as the world’s second leading tax planning destination, behind only Luxembourg and, in testament to the work of McGregor, has the highest standard of living in all of the Caribbean.

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Taxing times for Clinton and Trump

 

Now that it is almost settled that the U.S. presidential nominees are known – barring any huge U-turns or assassinations – both candidates have been setting out their plans for economic transformation to make the USA great again. What is very interesting is that both Donald Trump and Hilary Clinton are aiming their reforms at the super-rich.

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