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Brexit the ‘FACTS’ so far

Posted by Vignaverde Srl on 7th February 2020
| 2 Comments
Brexit, what we know so far

Brexit times up, or is it?

So it’s finally happened, Brexit is in full swing, the draw bridge is up, the UK has left and all UK and EU citizens need to return home.

When you read some articles you could be forgiven for actually believing this. There has been huge panic amongst some of the public both in the UK and Europe about their status, homes, residency and driving licences.

Wouldn’t it be good if someone could just tell us the facts? Well, they are out there, for example on your government website, yet some people would like you to think that the world came to an end on the 31st of January 2020.

Let’s be honest, we do not know where how all of this will end, no one does, not even our beloved governments but what we DO know is where we are now and where we will be until the end of the year.

So here goes, here are the facts that have been agreed until the end of December 2020.

Brexit FACTS

  • At 00:01 (European time) on the 1st of February, the UK entered into the agreed transition period until the end of 2020.
  • The transition period could be extended if agreed by both the UK and Brussels.
  • Brits should not experience ANY change to their rights until the end of December 2020.
  • UK citizens have the right to move to Italy or any other European country during the transition period and have 6 months after the transition period (until June 2021) to apply for a permesso di soggiorno or a residency permit.
  • If you are a resident in Italy by the end of the transition period you will be covered by the withdrawal agreement, and your rights will be protected for as long as you remain to be an Italian resident. This includes access to healthcare.
  • At least until the end of the transition period, there will be no changes to the rules on driving licences.
  • UK citizens can apply for a driving licence in any European country until the end of the transition period.

Outside of Europe

Although I am confident that very little will change for Brits looking to move to Europe obviously we have to wait and see how negotiations go however it is important to know that there are NO restrictions on who can buy properties in Italy.

A good percentage of our clients are American and Australian and buy with no problem at all. We have no extra work to do to gain a codice fiscal (tax code), bank account or to execute a house purchase for people outside Europe. There are no extra purchase taxes or yearly taxes.

People from outside Europe have visa restrictions but for holiday homeowners this should not represent any problem at all. Most people from outside Europe can visit Italy for 90 days in any 180 day period, meaning you can spend almost 6 months a year in Italy.

We also help many people from outside of the EU to become resident here and we have not had any problems up to now. There may be more forms to fill out but in the end, I cannot imagine the Italian government turning away people who want to move here. In fact, they are now advertising incentives to attract people to Italy (We will cover this on our next blog).

At worst, this will be the same for UK citizens if no deal was to happen.

Our next blog will be about healthcare in Italy and asking if the UK government would really want millions of pensioners returning to the UK for treatment.

If you are ready to start your search, take a look at some of these links

How to start your Abruzzo property search

Why you should consider our explore Abruzzo tours.

2 thoughts on “Brexit the ‘FACTS’ so far

  • SheriSpurlock
    on 7th February 2020

    I love the new blog and can’t wait for more info on the healthcare system, etc. So many people have questions, and I am grateful that you are here to answer them!

    • Vignaverde Srl
      on 10th February 2020

      Thankyou Sheri, we will be publishing many more blogs throughout this year. Feel free to let us know what you would like us to cover and we will do our best to accommodate.

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