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Expats want clear plan

Fortunately, Mrs May has stated that the Government will look to release concrete plants of its Brexit strategy before it begins to engage in formal talks with the EU.

So, It has been a nervous and uncertain Christmas and New Year for many expats coming as it did in the wake of talks at the EU Summit when European leaders, with the exception of May, all convened to discuss Brexit.

Throughout, May has sought to be a calming presence by adopting a very calculated approach to the issue. “It remains my objective to give reassurance early on in the negotiations to EU citizens living in the UK and UK citizens living in EU countries that their right to stay where they have made their homes will be protected by our withdrawal,” she recently said

Part of May’s approach appears to be to leave all options open. For example, she has said that EU nationals will only be guaranteed the right to remain in the UK following Brexit if this forms part of a reciprocal arrangement. She has also conceded that is conceivable that the UK might continue to pay the EU contributions in order to retain access to the single market.

She has also tried to face down any further uncertainty created by court challenges to the Brexit process, saying that the UK would invoke Article 50 of the Lisbon Treaty regardless of whether the Supreme Court rules that Parliament must be consulted.

However, May’s approach has attracted criticism from Labour leader Jeremy Corbyn who has branded the Government’s Brexit strategy as being “shambolic” and characterised by a “babble of voices speaking for themselves and their vested interests”.

Whatever the case, those with expat regular savings will be hoping that resolution comes soon as possible as uncertainty has the power to undermine confidence in even the best laid wealth management plans.

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Property prices in Spain for 2017

Spanish Marina - Puerto BanusWhen relocating to Spain, finding and buying your new home is sure to be at the top of your list of priorities. And there’s a wealth of great areas and regions to choose from.

Of course, reliable financial advice is one of the most effective ways to make sure your money is in order so that you can property search in confidence and it always helps to have your finances in place beforehand, especially if you’re considering one of the popular or pricier locations on the Spanish coast.

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LEADER IN THE FINANCIAL SECTOR

Manuela RobinsonManuela Robinson – Joint Country Manager, was interviewed by the magazine “Revista Pontos de Vista” for their 21st November edition.

Blacktower Financial Management (International) Ltd (BFMI) is made up of experienced consultants who offer an excellent service in wealth management and tax planning. With more than 30 years’ experience in the market and with offices on both sides of the Atlantic, whose differentiating aspects have marked the company’s path, making it a leader in the financial sector?

All aspects are summarized in the ability to respond, with pragmatism, rationality and professionalism to the demands of the sector and customers’ expectations. BFMI is a leader in the financial sector due to the whole team being interconnected and ponders on the challenges and risks faced when operating in a complex context, within an international dimension. BFMI services differentiate itself from the others, by striving to guarantee investor confidence and not considering separately the national and international dimension; on the contrary, there are two sides to the same coin in a globalized world – take for instance the effects that the North American elections have on the global markets.

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