AngAndRichie

tebo53

Hi Angela,
Nobody knows for certain about the outcome of Brexit and you won't get anyone to give you a true forcast. However..I was reading an article yesterday about the UK pensions being paid to expats in Spain will be secure in the future including any annual increases. It didn't mention anything about pensions being applied for after Brexit.

Steve

missile

There are many who moved to Spain before we joined and many non EU people living quite happily in Spain.
Don't believe the BS you read in the tabloids. You can draw your pension and access money from anywhere outside the world, why not from Spain after Brexit?

Hornets_Nest

But believe someone from an Ex Pat forum ???

The UK Govt yesterday issued guidelines for individuals and business in the event (unlikely though it may be) of a no deal Brexit. I suggest people who are interested in how Brexit may impact on them personally follow these Govt communications via a reliable news source (unless they wish to read the actual documents).

This is all down to EU passporting- I think this article is reasonably well balanced and provides some good info. Like others I believe the EU and the UK will sort things out before next March.

https://www.professionalpensions.com...rexit-scenario

Moses2013

Yes, we will come to some agreement and regardless of Brexit, I suppose Europe & the World has a lot more problems. On other news yesterday https://www.rt.com/news/436579-ceuta...-storm-border/
I know it's nothing new in area, but no signs that it will get better either.

bobd22

The way I see it is with or without a deal it is in the hands of the UK how it's expat citizens are dealt with re this matter. All they have to do is to ensure British citizens who are expats are entitled and allowed to retain standard UK Current Accounts with UK banks. Then if worst comes to worst and EU make it difficult to have uk pensions paid direct to your Spanish account, you simply have it paid into your UK account and transfer it as normal .
Only the other day I enquired with my bank Barclays re keeping my current and savings accounts when I become resident in Spain made slightly awkward as wife joint account holder will remain UK resident for at least 18 months ( thanks to our great government stealing 6 years of her pension). The girl at the bank said you shouldn't keep UK accounts as they are for British citizens? Were I will still be that it is only residency not citizenship I am changing! Blank look from the advisor. I was then asked into the office so she could check on the computer. She then asked will you be renting your UK properrty ? Errrrr not while my wife needs to live there ! But yes we will when she joins me in Spain. Well just keep that as your address she said ? Mmmmm so I have my personal banking paperwork sent to a remnant I don't know ? I don't think that's advisable do you? She then said it's a grey area you shouldn't really keep your accounts but most do. I said from what I have read it EU legislation (while part of EU of course) that EU countries states must provide their citizens basic bank accounts? Blank look from the advisor. She then got someone else and upshot was yes I can keep the accounts and while wife still UK resident don't need to do anything once she joins me we change address to Spanish one.
​​​​​​​If anything it is UK banks that make life awkward. As has been said expats get pensions paid outside the EU now so uk not being in EU should be any different.

Hornets_Nest

Not sure that this has ANYTHING to do with what was being discussed.

Hornets_Nest

As with all things Brexit follow the news (UK and Spanish) and don't rely too much on what unqualified people tell you - do your own homework. If people are concerned about the payment of occupational/private pensions then contact your provider(s), the DWP will provide information on state pension payments.

bobd22

​​​​​​​Good advice . I also believe from what I have read that this in fact refers to annuity pensions not all pensions?

missile

........... and this government always gives out reliable information?
Like I said: those moving to Australia (or even Mongolia :-) ) have no problem drawing their pension or accessing money why would OP have an issue in Spain post Brexit? OP should consider carefully before trusting the "experts".

EsuriJohn

Moses2013

These are the real problems and not fake ones. What has Brexit got to do with Spain one could say:-)

Hornets_Nest

So the tanking £ hasn't impacted UK migrants to the EU ?? The link you posted was from RT a 'news' outlet funded by the Russian Govt, the video was taken in North Africa (not even in Europe). Thankfully Spain has shown a very tolerant attitude to genuine refugees and long may that continue.

bobd22

[QUOTE=EsuriJohn;12553728]I don't know the answer to that I'm afraid. I too rely on government pensions and will get state pension next year. I think I will keep getting them paid to my UK account and transferring myself until I can see the wood from the trees. Someone will no doubt know better but I think the annuity problem is because it comes under a form of insurance/assurance set up? As I say I personally don't know.

tebo53

I know the Costa Blanca News is only a local rag amd obviously not international but Front Page headlines, quote "Payment Promise For Expat OAPS" that goes onto explain how the UK has promised British Expats guaranteed future increased pension payments and continued healthcare by the government after the influential advice website was updated" unquote .

It goes on to explain that brit expat pensioners will continue to receive increases in the pensions and continue receiving healthcare cover after Brexit.

Main story in the Costa Blanca News north edition.

Steve