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.

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.

Other News

Top tips for financial planning in Malta

Sunrise over Maltese HarbourMalta’s favourable residency schemes are likely to stay in place for some time after Brexit and this has propelled the Mediterranean archipelago to the top of the list for some UK citizens who are considering their options for relocation in the near future.

And it’s not just retirees who find this destination appealing. Career-movers will find a number of growth industries on the island; however, wage levels are fairly low when compared to the cost of living so you may be unlikely to make your fortune on the island if you are an unskilled worker. Financial advice in Malta is essential if you wish to make the most of your income and assets.

To help you make a start, we have compiled a list of top tips for financial planning in Malta if you have recently made the move or you are considering making it your main place of residence.

Read More

Select your country

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