What happens if (or when) UK withdraws from EU?

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    • #183829
      Michael Lye

      The probability of UK leaving EU seems to be increasing. How will this affect British ex-pats in Spain? I’m thinking of health insurance and property ownership?

      Ideas please and perhaps advice re. investing at the present time.

    • #183867

      According to the following article (May 2014) several scenarios are possible. Unfortunately as I read it, non of the possible outcomes paint a pretty picture.


      Is this anti EU a political exercise in retaining the power of the politicians? The latest figures (Eurostat) I could find indicate that there are more foreign nationals in the UK from outside the EU (3.9%) than from within the EU (3.8%) and overall 7.7%, much less than Switzerland (non-EU 23.2%) Spain 10.9%, Ireland 11.8%.

    • #184972

      If we go back into the EAA (European Economic Area) where we were before joining EU we will still get the EHIC European Health card.I am not sure about the reduced CGT on a property sale though.But many sellers only pay 3 per cent and clear off anyway.

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