Expats fear that they will lose access to healthcare or even the right to reside in Spain once the UK leaves the EU, according to a survey by the Brussels and Europe Liberal Democrats.
The survey questioned 5,000 expats living in the EU with nearly a quarter of which living in Spain. It found that 83% were ‘very concerned’ that Brexit may impact on their rights and benefits; the right to reside, S1 healthcare and automatic pension increases were top concerns for expats living in Spain.
Meanwhile the number of Brits selling their Spanish homes has soared since the UK referendum; there has been a 16.5% increase in Brits selling homes in the province of Malaga since June 23rd 2016, according to data collated from estate agents by the Colegio de Administradores de Fincas de Malaga y Melilla.
Fernando Pastor, the organisation’s president said: “The uncertainty of the UK’s economic future is pushing many Britons to pose a situation unthinkable until months ago: selling their home in Malaga”, reported The Olive Press.
“We have found that both UK citizens who live here and those who have their second home in our province have changed their perception of real estate investment and prefer to sell property now before the economic context changes further.” he said.
Fideso Tax and Legal Services Marbella brings together a number of professionals trained to address your needs in a wide field of action. Please check our list of services including obtaining an NIE and driving Licence here.
Tags: Brexit, Malaga