News

Information for UK Nationals in the EU

17th January 2019

The Author: David Cooper

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Financial strategist, investment adviser and Sales Director for United Advisers

As the Brexit saga continues it can be hard to know where to turn to for information. The CAB in Spain has a page dedicated to sharing information for UK Nationals in the EU. You can access that page HERE.

In summary

  • Your right to stay in the EU will depend on your nationality, your residency,  your relationship status and what specific agreements are made post-Brexit
  • Rules for travel to most countries in Europe will change if the UK leaves the EU with no deal. If this applies then you will have to ensure you always have at least 6 months left on your passport from your date of arrival.
  • If you live in the EU or European Economic Area (EEA) and have a personal pension or annuity with a UK-based provider, your provider should have made plans to make sure you can still get payments from your personal pension or annuity. If your provider needs to make any changes to your personal pension or annuity, or the way it provides it, they should contact you. If you haven’t heard from your provider you should get in touch.
  • UK nationals will continue to get their benefits transferred including child benefit and disability benefit
  • The UK’s exit from the EU will not change any existing UK rules for inheritance tax. Inheritance tax is levied on transfers of worldwide assets by individuals domiciled in the UK, and transfers of UK assets by non-domiciled individuals.
  • Your rights to healthcare within the EU may change post-Brexit. The UK is seeking bilateral agreements to maintain healthcare rights but this hasn’t yet been agreed.