Buying before Brexit
Whether you’re planning your move to France, or are already living there, we bring you the latest from the world of French property
The discussions surrounding Brexit negotiation guidelines could be viewed as an impetus for those thinking of investing in a property in France, encouraging them to buy now rather than later if they want to secure a stable future in the country.
The message put forward by the EU as it outlined its negotiating position ahead of Brexit talks that started on 19 June was that, if you are living in France before the UK leaves the European Union in March 2019, then your right to live there permanently will be protected.
In its directive, the EU says that safeguarding citizens’ rights has always been high on its agenda, so long as there is a reciprocal guarantee for the rights of EU citizens that are living in the UK. “We have said consistently that resolving the status of EU citizens living in the UK and UK nationals living in other Member States is our first priority,” commented one Brexit spokesperson.
In the EU’s mandate it states that citizens’ status and rights underpinned by EU law at the time of the UK withdrawing from the EU, which is planned for March 2019, should be secured. The right to pensions, healthcare and acquiring permanent residence for citizens in their adopted country are all highlighted as key concerns. The EU wants all basic rights enjoyed by EU citizens in the UK and British nationals in the EU to be protected for the foreseeable future as long as both have arrived in their adopted homes before the UK leaves the EU by the end of March 2019.
In the European Council guidelines, where the EU outlined its position, it stated that citizens’ rights is a priority “because of the number of people affected” by the UK’s decision to leave the Union.
Of course no one can say for definite what will happen until an exit deal has been agreed. However, the EU’s announcement of its intention to safeguard UK citizens’ rights is encouraging news for Brits living in France, reassuring them that their future in the country will be secured if Brexit talks go to plan.