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Questions after Brexit

Posted: Wed Oct 9, 2019 3:53pm
27 replies1155 views12 members subscribed
Fem90

Posts: 37

Location: Camposol

4 helpful posts

Does anyone has any idea what's going to happen to Expats in Spain after the Brexit? Would it be advantageous to register as a resident in Spain.

Roland

Roland

Helpful member

Wed Oct 9, 2019 3:58pm

Posts: 790

Location: Camposol

376 helpful posts

Posted: Wed Oct 9, 2019 3:58pm

What you need is a crystal ball i think.

Fem90

Fem90

Original Poster

Wed Oct 9, 2019 4:03pm

Posts: 37

Location: Camposol

4 helpful posts

Posted: Wed Oct 9, 2019 4:03pm

That's really funny and I love your reply 😁😀

pftaylor

Wed Oct 9, 2019 6:53pm

Posts: 36

Location: Camposol

15 helpful posts

Posted: Wed Oct 9, 2019 6:53pm

I doubt we will be rounded up and shipped back to the UK. We spend rather a lot of money here. I don't know how many UK expats live in Camposol but if there are 500 couples here spending their pensions that would be half a million monthly.There are many more in other parts of Spain. But I'm sure there is someone out there who knows better 😊

Fem90

Fem90

Original Poster

Wed Oct 9, 2019 7:02pm

Posts: 37

Location: Camposol

4 helpful posts

Posted: Wed Oct 9, 2019 7:02pm

I totally agree with your statement. Afterall, the house or villa bought by the individual is bringing more income into the economy.  Having said that, the daily expenses is quite substantial and wouldn't think that the Spanish government would like to see the back of us.  In other words, we are here to stay. No extradition for us.  Long live EngSpan residents.

rma44

rma44

Helpful member

Thu Oct 10, 2019 11:34am

Posts: 381

199 helpful posts

Posted: Thu Oct 10, 2019 11:34am

pftaylor wrote on Wed Oct 9, 2019 6:53pm:

I doubt we will be rounded up and shipped back to the UK. We spend rather a lot of money here. I don't know how many UK expats live in Camposol but if there are 500 couples here spending their pensions that would be half a million monthly.There are many more in other parts of Spain. But I'm sure there is someone out there who knows better 😊

I don't think anyone is sure that someone knows what will happen.

Common sense says that is would be rather stupid for a Government to turn it's back on a large percentage of it's income. Brits, whether resident in Spain or tourists, account for about a third of Spain's GDP. If ever we leave the EU ( the EU are the ones still controlling our exit) and the  EU starts a retaliation against Britain, I don't think Spain would obey their rules. Spain and France are notorious for choosing which one's they like.

However, the world is a rapidly changing place and incompetent politicians seem to be in every country these days, so best not to take anything for granted. Here in the UK, politics and the law now seems open to any foreigner with enough cash to finance a law inquiry, and get laws changed.

frequent flyer

frequent flyer

Very helpful member

Thu Oct 10, 2019 5:14pm

Posts: 638

Location: Camposol

610 helpful posts

Posted: Thu Oct 10, 2019 5:14pm

Fem90 wrote on Wed Oct 9, 2019 3:53pm:

Does anyone has any idea what's going to happen to Expats in Spain after the Brexit? Would it be advantageous to register as a resident in Spain.

If you are living in Spain for more than 181 days ... within any 12 month period then you are obligated to become a Spanish resident...it's not always in your best interest to become a Spanish resident.. as all you world wide assets become taxable in Spain .

Fem90

Fem90

Original Poster

Thu Oct 10, 2019 5:57pm

Posts: 37

Location: Camposol

4 helpful posts

Posted: Thu Oct 10, 2019 5:57pm

Would that 181 days be a continued stay or on and off over 12 months period?

Many thanks indeed.

frequent flyer

frequent flyer

Very helpful member

Thu Oct 10, 2019 8:55pm

Posts: 638

Location: Camposol

610 helpful posts

Posted: Thu Oct 10, 2019 8:55pm

Fem90 wrote on Thu Oct 10, 2019 5:57pm:

Would that 181 days be a continued stay or on and off over 12 months period?

Many thanks indeed.

181 days in a 12 month period...it doesn't need to be continues ...the 12 month period can start at any month of the year....so if you start your stay on 1st march 2019 your year ending would be 1st march 2020 if you stay anymore than 181 days within this period you need to leave the country and not return for 6 months or register as a resident..

fredtru

Fri Oct 11, 2019 12:47am

Posts: 63

Location: Totana

9 helpful posts

Posted: Fri Oct 11, 2019 12:47am

Firstly nothing will suddenly happen. You won’t be slung out. If you are  living here you have options. But check the websites from the British gov Brexit site. Let there be no panic. But if you can get an Irish passport  it would help considerably 😍

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