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WORRIED
ABOUT HOW
BREXIT
MAY AFFECT
YOU?
WHAT IS BREXIT ?
WHAT ARE THE NEXT STEPS?
On Thursday 23 June 2016, the British people
voted for a British exit, or Brexit, from the
European Union in a historic referendum. This
decision has prompted jubilant celebration whilst
sending
shockwaves
through
the
global
economy. Over the next two years, Britain will
negotiate its exit under article 50 of the Treaty
01.
UK INVOKES ARTICLE 50
02.
TWO-YEAR NEGOTIATION PERIOD
03.
EU LAWS STILL APPLY
04.
NEW NEGOTIATIONS RATIFIED
on European Union.
HOW WILL BRITISH CITIZENS IN SPAIN BE AFFECTED?
AS A
STUDENT
AS A N
EMPLOYEE
AS A
P ENSIO NER
Over 11,000 British students now
At present, UK citizens are free to
Currently, UK pensioners see their
choose to study or finish their
work in any EU country. And
pension go up each year due to the
studies in Europe. As EU citizens
employers are free to hire
dynamics of the single European
they pay the same education fees as
candidates from any EU country.
market. However, post Brexit, UK
locals. Rates for non-EU/EEA
But, UK citizens could lose their
pensioners may see their pensions
students are much higher. In a post
right to work in Europe without
frozen, as for example, if they
Brexit world, British students may
a visa. Employers may first have to
decided to move to Australia to
see the cost of studying in
prove that there is no other suitable
retire. This means that UK citizens
Europe rise dramatically.
candidate in the entire EU before
living and retired in Spain could
hiring a non-EU/EEA person.
begin to lose income once
negotiations are ratified.
HOW COULD IT AFFECT YOUR PROPERTY?
O WN I N G A
VEHICLE
O W N IN G A
HOUSE
O WNI NG A
BU SINESS
The rights of UK citizens, post Brexit,
The drop in the value of the pound
Working in the EU could become
will be grandfathered by the Vienna
has made buying property in
more difficult for UK expats if Spain
Convention of 1969 that states that
Spain a lot more expensive.
asks them to comply with more
people keep the rights that they once
Over 700,000 Brits live in Spain and
restrictive rules when it comes
exercised under a treaty, even if that
until recently, British demand has
to setting up businesses.
treaty is later revoked. Therefore
been growing since 2013. However,
expats living in Spain would
access to healthcare, income from
retain their acquired rights to
pensions and fiscal rights, may well
vehicle ownership. No one knows
affect people’s decisions to move to
yet if it will become legally more
Spain in the future.
complex to purchase a car in Spain.
HOW CAN WE HELP OUR CUSTOMERS WITH BREXIT?
W I T H 24 - H O U R
ASSISTANCE
W IT H O U R
L E G A L A S S I S T A NC E
FOR EMERGENCY
CONSULTATIONS
BREXIT, INHERITANCE,
FAMILY, TAXES, PURCHASE OF
PROPERTY AND MORE
WI TH A LL TH E
D O C U MENT A T IO N
IN ENGL ISH
EXCUSIVE EXPATS SERVICES FROM LÍNEA DIRECTA. 902 325 325
S M ALL
ON
PRICE .
BIG
ON
S E R V I C E.
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