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UK Leaving the EU

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UK Leaving the EU

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Old Jan 16th 2014 | 7:55 pm
  #31  
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Default Re: UK Leaving the EU

Originally Posted by jimenato
Lots of expats live in non-EU countries so I don't see why it should be a problem.
Plus a lot of expats moved to Spain before it joined the EU
 
Old Jan 16th 2014 | 7:57 pm
  #32  
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Default Re: UK Leaving the EU

Originally Posted by jimenato
Lots of expats live in non-EU countries so I don't see why it should be a problem.
Lots of NON-EU expats live in the EU, too.
 
Old Jan 16th 2014 | 8:11 pm
  #33  
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Default Re: UK Leaving the EU

Originally Posted by crookesey
I just had a thought, OK it probably won't happen again, would a none EU resident of Spain be bound by 720? What I actually mean is would their country of domicile be expected to supply the Spanish tax authorities with details of someones income, savings and investments?
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.
 
Old Jan 16th 2014 | 8:19 pm
  #34  
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Default Re: UK Leaving the EU

Originally Posted by Lenox
The Spanish are bound by EU rules to give us expats living here as residents some rights and protection. These would be lost if we were no longer members of the EU. Work-permits would return (did you ever try and get one in the bad old days?). My kids, with American passports, who all grew up here, schooled here, speak Spanish as their first language, were unable to renew their residences after university and were obliged to leave Spain in search of work elsewhere (they are now, all three, happily working in the USA). Residence Permits (need to import so much money, etc) or three or six- month visas... The loss of voting rights (important if you live in a small village run by paletos). Medical rights... I'm sure importing a RHD British car would go out the window as well...
And, what's so great about Britain, anyway?
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.
 
Old Jan 16th 2014 | 8:31 pm
  #35  
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Default Re: UK Leaving the EU

Originally Posted by steviedeluxe
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.
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.
 
Old Jan 16th 2014 | 8:43 pm
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Default Re: UK Leaving the EU

Originally Posted by Dick Dasterdly
They need us a damned sight more than we need them, that's for sure.
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. 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.
Originally Posted by Dick Dasterdly
As for HBGs ridiculous claim about most expats leaving if we opt out of this godamn EU mess, I would say it's much more likely he will find himself in a minority of one on his return trip to Blighty.
¡Sin comentarios!
 
Old Jan 16th 2014 | 8:57 pm
  #37  
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Default 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.
 
Old Jan 16th 2014 | 8:58 pm
  #38  
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Default Re: UK Leaving the EU

Originally Posted by crookesey
I just had a thought, OK it probably won't happen again, would a none EU resident of Spain be bound by 720? What I actually mean is would their country of domicile be expected to supply the Spanish tax authorities with details of someones income, savings and investments?
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/
 
Old Jan 16th 2014 | 9:04 pm
  #39  
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Default Re: UK Leaving the EU

Originally Posted by HBG
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.
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.
 
Old Jan 16th 2014 | 9:12 pm
  #40  
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Default Re: UK Leaving the EU

Originally Posted by jackytoo
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.
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.
 
Old Jan 16th 2014 | 9:18 pm
  #41  
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Default Re: UK Leaving the EU

Originally Posted by steviedeluxe
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.
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.
 
Old Jan 16th 2014 | 9:19 pm
  #42  
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Default Re: UK Leaving the EU

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

Last edited by jackytoo; Jan 16th 2014 at 9:21 pm.
 
Old Jan 16th 2014 | 9:22 pm
  #43  
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Default Re: UK Leaving the EU

Originally Posted by jackytoo
Rubbish!
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!
 
Old Jan 16th 2014 | 9:23 pm
  #44  
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Default Re: UK Leaving the EU

Are you sure you are new
 
Old Jan 16th 2014 | 9:28 pm
  #45  
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Default 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.
 


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