Category: Brexit

Brexit – Changes to the rules on Financial Advice

You take financial advice from the UK but live in Spain, France, Portugal, Cyprus, Malta or another EU country? Regulations are changing. What do you need to think about as full Brexit approaches?

Post Brexit

Reassuringly, even if there is a no-deal Brexit, citizens’ rights for UK nationals legally settled in an EU member state by 31 December 2020 are protected under the UK-EU Withdrawal Agreement. There are no such guarantees, however, in the area of financial services, which could affect whether you can continue to receive UK-based advice and services as an EU resident. 

You need to make sure you check that your financial planning – and your adviser – will stand up to the challenges that Brexit may bring. Here are four key considerations. 

The end of passporting

If you have a good relationship with your UK-based financial adviser, you may understandably wish to continue using them, despite now living in a different country. However, you need to make sure they can legally continue to advise you after the Brexit transition period. 

Want to now more see this article from Blevins Frank in full follow the link:

https://www.blevinsfranks.com/news/article/uk-financial-advisers-brexit-4-considerations?utm_source=NewZapp&utm_medium=email&utm_campaign=885-WN-Oct20-ES-Benijofar

Spanish government advice on EU exit

In order to assist British nationals regarding Brexit the Spanish government have developed a new section covering a range of topics.

These include:

Education

Healthcare

Registration

Visit http://www.lamoncloa.gob.es/lang/en/brexit/howtoprepare/Paginas/index.aspx

View the site regularly for any updates in the run up to our departure on 29th March, or indeed if a extension is granted by EU.

Driving in Spain after Brexit

Properties Overseas try to keep our clients past and present informed on a variety of topics. Whether it be enjoying Spain as a property owner or renting in Menorca or family and friends visiting you in Spain. Read below our next topic

Driving in Spain after brexit.

For guidance given by AA for this and the role of IDP – International Driving Permit please refer to this link which may be of interest to you.

IDP Country List | AA
https://www.theaa.com/driving-advice/driving-abroad/idp-country-list

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