As AIPP members (Association of International Property Professionals) here it the latest update from AIPP regarding brexit and how it affects the international property market
BREXIT
Well the Brits ‘left’ the EU and the wheels didn’t fall off…
As of 1st February the UK is no longer a member of the EU and is now in a period of transition until 31st December 2020. During this time there will be no changes to the terms for trading with the EU or the rest of the world, unless the rules change for the whole of the EU.
There will be no new procedures governing the movement of peoples’ or property ownership of Brits buying holiday or retirement homes in the EU.
OK it looks like the new certainty of the Brexit process is already encouraging many British buyers back into the market in 2020.
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