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No Such Thing As No Deal - How EU Brexit Affects Expats
ProACT Sam Orgill Highlights the steps Expats should consider taking to secure their future Living and Working Abroad.
Have you ever tried to agree a sabbatical from work or school, to find yourself embroiled in a negotiation and conditions? That you have to use holiday pay, or forgo pay, that you must evidence the reasons for the absence?
Or have you ever tried to change your working hours, gain some flexibility, to have conditions applied to your reasonable request made with best intention?
Currency Chatter. Deadline Deals for Brexit
ProACT Sam says that the apparent breakthrough in withdrawal treaty negotiations can give Expats extra confidence, but that we already had certainties of the changes ahead for Expat business and individuals.
After the Brexit vote the UK GBP v EURO fell from as high as Euro 1.30 to GBP £1.00 to around Euro 1.11
As with many things in Brexit we hear constant reports of currency falling or rising.
As our report showed last year , for all the ups and down, Pound Sterling as a currency has been around 1.11 for the last two years.
So this weekends news that after all the politicking , all the PR from vested interests, all the lobbying , a withdrawal treaty is suddenly agreed between the EU and UK negotiators, has an immediate impact on currency.
Straight away we see this happening, a jump in the EURO:GBP Rate to Euro1.13 to £1.00. No surprise.
What Will be the 3rd Way for EU Brexit?
Sam Orgill of ProACT Expatriate Advice considers what we know so far and recent developments in Brexit and the 4 areas of impact Expats should consider and review to protect Residency Rights, Tax on Income, securing Overseas Property, Medical Cover post Brexit.
Torpedoed
The British government find itself vetoed out of a financial settlement on EU Brexit not by one of the 27 remaining EU states, but by a King in the North, the leader of the Northern Ireland ‘government’ effectively vetoed the Financial Settlement to which the EU member states had agreed in principle.
Instead of announcing the way forward for trade talks this week, the British government is left scrambling for a 3rd way to EU Brexit.
In the EU game of thrones the king makers will continue to seek a 3rd way. The final agreement will be similar to the current proposal, if we get that far.
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ProACT Expat Experts know from experience over 20 years how to protect your Family and Business overseas including property, pension, investment and business assets.
ProACT Tax Saving Expat Experts can help each step of the way Living and Working Abroad.
Now we want to hear from you. What are your EU Brexit Questions? Comment on our Blog or Contact-Us
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Sam Orgill
ProACT Partnership - Tax Saving Expat Experts
www.proactpartnership.com info@proactpartnership.com
TEL: +357 26 819 424
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