Holiday Homes In Spain After Brexit

Plenty of brits have bought holiday homes across the other 27 eu states both for their own use and to rent out to other holidaymakers.

Holiday homes in spain after brexit. Brexit and british holiday home owners in spain. There are no rules that restrict the purchase of property in spain to only eu citizens. You can contact us by telephone on 020 3478 1420.

After brexit they could face discrimination. I purchased a property in murcia 2 years ago i do not think brexit will cause uk residents in spain any problems the uk and spain goverments have had good. From understanding your rights to remain to a comprehensive look at the health cover you will need here.

This is a point to make clear straight away as the uncertainty can lead to misinformation and concern. Eurocitizens provides an example if these rules are brought in for british second home owners after brexit. In spain if you can pay the purchase price you can own the property.

The economic and real estate scenario that has been caused by the coronavirus pandemic in spain is seemingly worsening as the weeks go by according to experts. Let s take a look at the ways brexit will affect your holiday home in spain france italy and portugal and also in the rest of the eu. Banco de españa the bank of spain fedea the.

British homeowners in spain spain is one of the most popular holiday destinations for british tourists with over 17 million visiting the iberian peninsula every year. One of the unexpected consequences of brexit will be that uk residents who have bought holiday homes or invested in spain will suffer at the hands of the spanish tax system. This is because of their loss of status as residents of the european union eu or european economic area eea.

So it s no good spending 89 days in spain then popping over the border to france for a few days the 90 day clock will only stop ticking once you leave the eu. So whether you own a holiday home in the eu overseas property or are simply thinking about investing on a property after brexit here is what you should know about brexit impact on overseas property owners. You may find our article on buying property in spain after brexit interesting.