Home » Spanish Property Forums » Spanish Real Estate Chatter » What happens if (or when) UK withdraws from EU?
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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.
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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.
http://eulawanalysis.blogspot.ch/2014/05/what-happens-to-british-expatriates-if.html
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%.
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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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