WHAT DOES “BREXIT” MEAN FOR UK CITIZENS LIVING OR PLANNING TO LIVE IN SPAIN?

Last week the people of the United Kingdom voted by a margin of 51,9 % to 48,9% to leave the European Union. This decision has given way to a wave of uncertainty that is reflected in the financial markets worldwide. However we would like to clear some of the misconceptions that people may have regarding their life in Spain from this point onward. First of all the referendum celebrated on the 23rd of June is a democratic exercise that is non-binding in nature, hence the decision needs now to be voted by Parliament. However Prime Minister David Cameron has assured that the result is non reversible, and that there won’t be a second referendum. Secondly though the exit procedure of a member state is untested, the Lisbon Treaty provides a mechanism, enclaved under its article 50, through which it must be done. Said article in its third paragraph states that “the [European] Treaties shall cease to apply to the State in question from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification referred to in paragraph 2, unless the European Council … unanimously decides to extend this period.” Therefore until the United Kingdom and the European Union negotiate an exit agreement, EU Treaties are still aplicable, thus maintaining the current arrangements. this has also been reiterated by the Prime Minister as well as Boris Johnson and several other heads of states of European Countries, including Spain where President Mariano Rajoy assured that British citizens living in Spain would maintain their right to live, work, welfare and benefits in Spain for the foreseeable future. Finally it is widely agreed upon by experts in the matter, and reiterated as well by politicians in the UK, that even if the United Kingdom completely separates from the European Union and becomes a member state, that the European and UK citizens already living both in the UK and in Europe respectively would automatically be granted permanent residence and that their rights would be essentially unaffected. In conclusion in light of all of the facts we believe that there is no immediate risk to any citizen of the United Kingdom who wants to move to Spain, and may continue doing so without any impediment. Following this post we will post the links to all of the articles and videos containing the previously stated information, and will continue to post any further information that may be relevant to our clients. If you have any specific concerns or questions, or would like to further discuss you’re personal situation, please do not hesitate to email us at: info@imontlegal.com or call us at: +34 968195045.

https://www.lasexta.com/noticias/internacional/mariano-rajoy-tras-el-brexit-quiero-trasmitir-serenidad-y-tranquilidad-a-todos-los-espanoles_20160624576ce6306584a88907b5681b.html

https://www.bloomberg.com/news/videos/2016-06-27/cameron-brexit-means-adjustments-within-u-k-economy