Contact

News & Insights

Expats may be required to produce regular savings proof

However, British expats already living in the EU are unlikely to be affected as it is probable that the government will succeed in ensuring that reciprocal agreements protect their right to reside within the EU.

As it stands, non-EU nationals wishing to live in EU countries have to provide documentation in relation to their expat regular savings, income and pensions in order to receive EU residency visas, so it is possible that British nationals will have to do the same.

“It is likely there would be a system of long-term permits and residency. We want what is in the best interests of the British people but this will form part of the discussion,” a Home Office spokesperson told media.

However, there is still the possibility that Prime Minister Theresa May and her government might be able to achieve a more favourable deal with EU negotiators; in such a situation British nationals may be subject to exemptions on various EU residency visa rules.

The EU Commission, supported by France and Germany, has already indicated that it might introduce a visa waiver for British nationals, albeit for a fee of around £10.

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

Best cities to move to in France

Whether you prefer the bright lights of a big city, or a peaceful country retreat, rest assured that if you choose to move to France, you’ll find the ideal area that suits your needs and requirements. Paris Pint of beer: 7 EUR (£6.30) Cappuccino: 3.67 EUR (£3.30) Meal in a restaurant: 15 EUR (£13.50) Monthly […]

Read More

UK Managing Director, Ritchie Salkeld, Celebrates 50 Years in Financial Services

This month sees our UK Managing Director, Ritchie Salkeld, celebrate his 50th anniversary in financial services. Also approaching his 12 year anniversary at Blacktower, Ritchie has been a pivotal part in the development of the firm and has been responsible for overseeing the UK side of the business, running operations in the picturesque surroundings of […]

Read More

Select your country

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