Contact

News & Insights

Former Chancellor’s comments on French residency spark expat indignation

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.

Related News

NEWS WRAP – Lost Pensions Worth £37 Billion

Woman searching for documentsMany British retirement savers could retire two years earlier than they realise, according to a new piece of research from pensions advice firm Profile Pensions*.

This, says the firm, is because one in four over 55s have lost track of their pension funds, a fact that helps to account for a significant proportion of the UK’s approximately 1.6 million unclaimed pension pots. It is estimated that these funds have a combined value of around £37 billion.

The situation is even worse for younger retirement savers, with three in ten 25-34 year-olds saying they have lost track of a pension. One in ten respondents were not sure whether they would be able to account for all their pensions.

Read More

FAQ: How will Brexit affect my pension and should I look at alternatives?

EU and UK FlagsAt the moment, no one can say with complete certainty what will happen in the near future regarding Brexit and pensions.

However, one thing is clear: uncertainty about the future should not be a pretext to doing nothing about your UK pension; it is not automatically the right idea to think to yourself “Will Brexit affect my pension? I’ll just leave it where it is and wait to see”.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information:

You are currently viewing the Blacktower Financial Management EU website.

You may be looking for the Blacktower United States website.

Blacktower United States > X Stay on this site

Or choose your country.