What will happen to holiday properties owned by brits if we leave the EU?
Any Idea what will happen to holiday properties owned brits if we leave the EU?
Any Idea what will happen to holiday properties owned brits if we leave the EU?
Posted: Sat Feb 3, 2018 6:20pm
Helpful member
Ermmmmm how long is a piece of string ??? Lol.
What's a "Hard Brexit" vs a "Soft Brexit".
Who cuts whatsisnames hair ?? The one who thinks he can lay the law down to us.
Why is there more Brexit debate in the Daily Express than the Daily Mail.
Will Wigan beat Man City.
Which episode of Fawlty Towers did John Cleese promise to give his car "A damn good thrashing".
In short who the heck knows, our numbskull politicians certainly couldnt give you an answer, that's if they ever get round to telling the EU and Brussels, as Merkel put it "we're leaving" and walking away to let the Europrats stew about the huge hole in it's pensions pot and general running expenses while the UK gets back to making it's way in the world once again.
Doubt there's much to worry about before next year if ever.
Posted: Sat Feb 3, 2018 7:22pm
Helpful member
ting wrote on Mon Dec 28, 2015 4:03pm:
Any Idea what will happen to holiday properties owned brits if we leave the EU?
The answer to that with reassurance is covered adequately on the uk.gov website.
Don't ever listen to the ex- pat " pub lawyer" " the know-all " Every bar has one. Treat them with the contempt they deserve. Most of them haven' t got a clue and they have two priorities, supping as much as they can and putting the fear of God into anyone who will listen.
I own property in Spain, I have my UK Pensions paid here, my money is here, I have invested in Spanish Annuities.
I have sought and I have taken proper advice.
I know conclusively nothing is going to happen to me. But you do not have to accept my advice. Lol.
Ps I do not drink. Lol
Posted: Sat Feb 3, 2018 7:41pm
Helpful member
ting wrote on Mon Dec 28, 2015 4:03pm:
Any Idea what will happen to holiday properties owned brits if we leave the EU?
Nothing at all, we will still legally own them and the UK's departure from the EU will not change that. The Spanish would not be so stupid as to do anything that will risk the outflow of money from the British expatriate community that contributes so much to the Spanish economy. Plenty of other non-EU citizens (Russians, Norwegians, Swiss, even Americans) buy and own properties in Spain quite happily so it won't be any different for the British. I have bought a holiday home in Los Gallardos SINCE the referendum vote and am confident that all will be fine. Potentially there might be more bureaucracy around some things but that can be handled.
I'm with Rob all the way - bought here in April and buying another, no fears as I'm certain Spain will not cut off the hand that feeds......
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Britain leaving the EU will not be soft. There is no such thing as a Soft Option. We keep getting told that Britain stood alone before. This is different; there are billions at risk through job losses, foreign investment. I'm Irish and the divorce of Britain and the EU will affect us more than any other country without doubt. The only thing we have survived for hundreds of years close to each other, sometimes tentatively but, I have no doubt we will survive together after Britain's exit.
For the record, our Passport Office has been overworked since the EU Referendum indicated Brexit. It's kind of the other way round where we seek Irish descendants in the Premiership to try and get us to another World Cup. Amazing how many Brits are now seeking Irish nationality. It's great, Brits wanting to be Irish. Irish jokes could be on the wain. Think about it! If you can prove you once wore a green tee shirt or drank a pint of Guinness on St-Patrick's Day you could be entitled to an Irish Passport. Don't dismiss what I am saying; it probably is the best option for Brits in Spain, I kid you not and time will tell.
By the way, our passports are provided free to the over 70's.
I fully take your comments on board Matthew but in my humble opinion the reason the EU is making Brexit hard for Britain is down to two things:
A - Britain was contribution positive, that's to in over-simple terms say more money was paid in that got out, I don't think there would have been such a 'ganging up' on say Poland who are negative, and
B - Other member states might see Britain makes a good hash of it on their own and want to jump ship - where are all the job losses cited as an immediate consequence of a leave vote? Unemployment has only just been recorded at it's lowest for years.
I'm old enough to remember the start of it all, when Britain joined what was then 'the common market' - this then grew by stealth into something no one in the Democratic state had voted for, hence the vote was eventually arranged.
I don't think anyone really knows just how this one will pan out but I suspect Britain will find other trading partners and will still trade with EU countries too - not exactly the cake and eat it scenario but it could be close? Why do I say this, well take car production - Germany's AUDI, BMW and VW export one-third of all their production to Britian, no Co would sustain such a loss of market share especially not VW who have had their coffers raided in the US over the emissions issues.
And lets not forget who pays the Political lobbyists, yes you've guessed it big business - Like Shakespeare said about the borders between love and hate, the borders between Govt. and big business are virtually seamless.
On a lighter note a like the analogy - I remember Jack Charlton's team, great to watch
Unemployment has reduced in most EU countries as I post. Even in Ireland where traditionally unemployment was always high we are devoid of workers for new companies starting up in the financial, technical, pharmaceutical industries etc. Housing was never more expensive here. We need trained immigrants. The Irish government has upped the retirement age from 65 to 70+ to stem exit from the workforce. Things are looking up here.
Already Britain has lost a huge share of financial bank base from other countries. More will follow in other industries. The imports to the UK will be more expensive and Britain's exports will cost more too. I wish I could say something different.
Theresa May has failed to face up to her own government ministers. She is depending on a minority leader of a bigot Northern Ireland Unionist party leader to keep her in power. Boris and the others keep playing to Sun readers. At this moment Britain needs good leaders but who?
Ireland needs Britain too and for once Britain needs Ireland. I hope we never will see another physical border between the Republic and Northern Ireland. The border down the whole of the Irish Sea (Scotland to Lands End) will not have to exist either. There are only five million of us living west of the Irish Sea (a number that would comfortably fit into the greater Manchester area and we would not be noticed even if we spoke Irish only).
Just think about it - Ireland will be the largest English speaking EU country. English is the most popular and important language in every country of the EU - children learn English for their future survival. Is it possible that Ireland is the new Britain? Britain has much to lose and I find it difficult to believe that this won't happen.
On a local note. I reckon Brits need not fear owning property in the EU. Also, I feel it is only a matter of a relatively short time before Britain will again be applying for EU membership. But, lots must change in Britain.
By the way Jack Charlton was officially made an honorary Irishman. Is it possible he could see the future 40 years in advance too?
Again I take your points, I maybe failed in my last post to express that all the scare mongering and the Govt. official figures spelling out doom, gloom and despondency if the vote went against staying in - that did not happen - period.
In fact it's now been admitted that the Govt. got it wrong, maybe they knew that from the start especially if you advocate the mantras of - lies, damn lies and statistics!
I can't comment on other EU countries employment figures just those of Britain.
Similarly, I know the odd bank has moved bases but I didn't think it was a wholesale pull out London.
I fully agree with you that TM is not in a strong position re the size of the/ her majority and she's having to work with that as you need to do sometimes. I note she's personally taken the mantle as chief negotiator now and I hope things progress positively and quickly but I don't expect a miracle overnight if at all.
Personally the person I think to blame for the vote to pull out is Tony Blair - allow me to explain:
When in power he had the option to veto immigration into the UK from the A2 ascension states for example Romania and Bulgaria being the latter ones until their countries economy reached a higher level but he didn't take the option, As a consequence large numbers of people came to the UK swamping some communities and straining lots of services - this led to discontent with local people and this IMHO is why the vote went out - I'll not dwell on but need to mention the rise of right wing politics set against this backdrop
In the interest of fair play I should add that TB was the one who pushed for military intervention in ''Croatia'' when everyone else stood watching, so he's not all bad LOL
I can only re-iterate that 'I think' GB is too big a consumer market for the EU to lose, new trading partners will be found as well. Conversation with a South African friend who's lived all over the world was that he thinks Britain will flourish and the £ will actually grow in value against the Euro - again, someones opinion.
Hard/ soft Brexit - what does it mean? Does anyone know the real impact? Certainly imports could go up but maybe suppliers will absorb some of the rises to keep the market - who knows?
I remember Ireland's economy being on fire a while back when they joined the Euro and I know there's issues re the EU wanting a soft border between the south and north but I don't know why the EU is pushing so hard or the implication for and against - I do hope it gets sorted in the best way possible though for everyone concerned.
I hope you're right, Chris. Because if you're not it is the poor that will suffer in the UK. The rich, as usual, won't suffer. OK the financial base of many banks in the UK has only started to trickle away. But, trickles can sometimes grow into unstoppable torrents. I know if Ireland was leaving the EU and Britain was remaining, I would be looking up the family tree and getting an application for a GB passport.
You're an able debater, I thank you for your views and I hope this issue has a happy ending for all.
Regards
Matt
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