Property Guides

The main effects of Brexit on UK property owners in France

Most expats woke up on the morning of June 24th to something of a shock: even though the polls showed that the EU referendum vote was going to be a close run thing, deep down most of us thought that we would remain in the EU. France Property Guide considers the impact of this decision on the 320,000 or so expats in France and on future buyers in France. There were 28 member states in the EU, France being one of them. This number will be decreasing to 27 when the much-discussed Brexit eventually takes place.

What Brexit Means for Expats in Portugal: The Latest

With headline news regarding “Brexit” slowing down a little, one would be forgiven for describing the current state of affairs as something of an anti-climax. However, there’s still a new reality on the way for expats in Portugal, which we explore in this article. Truly fleshed out details of the realities of “Brexit” in the aftermath of the UK’s “out” vote remain rather thin on the ground. News headlines in the past couple of weeks have been dominated by the “short and sharp” Tory leadership contest, followed by the appointment of Theresa May as Prime Minister. The disarray in the opposition

Your holiday home in France never looked so attractive!

France remains one of the most popular countries in which to invest in a second home, despite the recent EU referendum decision to leave. Our expat on the ground shares her thoughts… Whatever anyone thinks about the result of the EU Referendum, the fact is that the British people’s love of France remains undiminished and indeed there are signs that this is now stronger than ever. France is not only one of the most popular countries in which to buy a second home, but as we come to terms with the full impact of last week’s Referendum, it seems that for many British people, the dream they have al

Let us have dual identities – post-referendum petition for British-Spanish citizenship

For the many thousands of British people resident in Spain, Brexit has created a feeling of uncertainty about their future. A petition seeks to address their concerns by asking for Spanish and British citizenship. Two British journalists living in Spain have launched a petition to the Spanish government requesting that British citizens who have been resident in Spain for ten years or more be allowed to hold dual British/Spanish citizenship. This could affect around 400,000 British people and would remove some of the uncertainty British people living in Spain currently face following the vote t

Tax in France

Our expert Independent Financial Advisor partners in France believe that the tax system is likely to remain very similar to the current structure in the event of Brexit. This is because: a). Cross border taxation of income and capital (such as French property rental income, proceeds of property sales, UK residents inheriting French property, and all UK sourced income for French residents) is subject to existing Double Tax Treaties, which are set up completely independently from the EU and therefore do not fall under EU regulation. The UK leaving the EU will not automatically change this system

Focus on Inheritance Tax and Legalities

We asked Spanish property experts for their thoughts and guidance on the effects of Brexit for expats and property buyers in Spain. What are the effects on inheritance? EEA citizens currently pay the same inheritance tax as locals in Spain, however, as these double-taxation treaties are not created by the EU, Brexit should not affect these UK-Spain tax agreements. So, the reassuring news is that nothing will really change over the next two years. The main implication of the Leave decision that you need to be concerned with in the short term is the effect on exchange rates, and therefore your s

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