Re: UK Leaving the EU
 

Plus a lot of expats moved to Spain before it joined the EU

Re: UK Leaving the EU
 

Lots of NON-EU expats live in the EU, too.

Re: UK Leaving the EU
 

All tax residents of Spain are obliged to submit details of all assets held outside Spain (assuming they meet the Form 720 criteria), individual nationality or country of domicile is not relevant.

Whether information about any foreign assets would be supplied to Hacienda would depend on the country where the asset is located rather than the nationality or domicile of the holder.

Re: UK Leaving the EU
 

Well exactly.
We've all seen the posts by Americans who want to live+work in Spain - and they're told by everyone that legally they can't do it - unless they have a spare half a million to buy property, and even then they are not eligible to work. If the UK left the EU, British citizens would face the same restrictions as Americans in Spain.

Re: UK Leaving the EU
 

We sure seem to have a lot of Americans here - well on the southwest of the island anyway. Somehow I doubt they all spent a half million.

Re: UK Leaving the EU
 

Ain't that the truth! We've always been a net contributor, always will be, they do us no favours whatsoever. I find it risible that people believe that if we leave, the EU will stop buying our goods and we'll continue buying all theirs. :confused: Are they real, they sell us a lot more than we sell them, why would they want to endanger that. They tell us we'd lose 3 million jobs, they don't tell you the EU would lose 4 million.
¡Sin comentarios! :rofl:

Re: UK Leaving the EU
 

The UK is a prosperous country within the EU because of our income from our City and our Bankers operating as the clearing house for EU business with the world.

If we leave the EU, Berlin or Paris will take over from London and the UK would lose at least a quarter of its annual income.

Re: UK Leaving the EU
 

The agreements between countries on the automatic exchange of information go much wider than countries within the EU - currently 37 of them have entered into it.


http://www.out-law.com/en/articles/2...xchange-pilot/

Re: UK Leaving the EU
 

We'll there has been several attempts by the EU to move the centre away from London. It's not there because of the EU. London's financial centre would be even stronger without EU restrictive regulations.

Re: UK Leaving the EU
 

Sorry Jackytoo, you're wrong there. The problem is that at present, the majority of the USA's trade with the EU goes through London. If the EU financial centre were to move elsewhere, so would the USA's trade. As I'm sure you know, the USA is by far the biggest importer of European goods.

Re: UK Leaving the EU
 

But the UK would still be in the EEA, so the effect would be minimal, Norway left the EU, but there are still plenty of Norwegians living, working and owning property in Spain.

Re: UK Leaving the EU
 

USA pull out of London...never...total rubbish. Been googling have we.

Re: UK Leaving the EU
 

Speaks for itself. The majority of economists must be wrong and you must be right! I'm new to this site, so I didn't realise that!

Re: UK Leaving the EU
 

Are you sure you are new:rofl:

Re: UK Leaving the EU
 

Incidentally, it's strange that the most strident anti-EU voices are from the older people amongst us.
I can just about about remember the 60s prior to the UK joining the Common Market, and we were a lot poorer country at that point despite having much of our industry. Outdoor toilets were commonplace, a shot of a spirit cost nearly twice as much as a beer, central heating was not widespread and it was still a treat in some homes to get fruit at Christmas time.
Now of course, some of the increase in living standards came about because of revenues from North Sea oil and gas, but increased trade with Europe has brought about incredible lifestyle changes in the UK.
If the UK were to go it alone, (same as is being said for Scotland) they'd find it very hard to begin with. No doubt things could be changed around as the talent in the people hasn't disappeared, but the first 20 years would be an economic catastrophe.