Today we have another round of “indicative voting” in Parliament. Although there was no clear winner in last week’s round of voting, the customs union and the “confirmatory referendum” options were the least unpopular options.
From the point of view of our clients, all the options before parliament allow you to buy any kind of property in the EU after Brexit, whether a home, business, boats or anything else. That’s true even with no deal.
Any of the options including no deal also allow you to live in an EU country for at least half the year without a visa too.
Therefore, if you’re buying a holiday home, Brexit shouldn’t have any effect on you at all.
For those moving abroad permanently, the only real difference for most of our clients that will arise from the choice that parliament makes this week, is whether you need to fill in a couple of extra forms for a visa, and potentially pay a little extra for health insurance (although even with that the health department has said it will try to continue current “reciprocal”, free, healthcare arrangements).
Which leaves currency as the main risk factor in your plans. We have very little, if any, idea where the pound will go by the middle of the week, so do give your trader a call today on 020 7898 0541 to discuss your plans and, if you’re ready to buy, lock in your rate.
