Brexit and how it impacts
on your French property purchase
On 23rd June 2016 the UK held a referendum, where 52% of votes were cast to leave the EU and 48% voted to remain. The UK Government is currently negotiating this withdrawal and the situation changes regularly. We advise all of our clients to monitor the official site www.gov.uk for the latest updates.
For clients currently living in France
If you can prove five years residency
To have protected rights in France after any kind of Brexit, you must have been legally resident in France as an EU citizen before Brexit and before the cut-off date. All EU citizens have to meet certain requirements during their first five years, if you meet these then you are eligible for permanent residency. Official advice is to apply for your Carte de Sejour immediately, although some Prefectures have put a hold on applications.
If you have less than five years residency
Don't worry. If you can't prove five years residency then you can still apply for a temporary Carte de Sejour and, again, official advice is to do so immediately.
For clients with a holiday home in France
The rules are being tightened. In the past you may well have been coming and going as you pleased but you must remember that you should not be out of the UK for more than 183 days a year and that you do not spend more than three months consecutively in France.
If Brexit occurs, you will no longer be an EU citizen and will lose your right to free movement within the EU. This means that you will be treated like citizens from say Australia or the USA. This will either happen on March 29th 2019 (if there is "no deal") or at the end of the transition period if one is negotiated.
For clients looking to buy in France
The first thing to say is that you will, of course, still be allowed to purchase property here. Last year Leggett Immobilier sold houses to clients from 49 different countries, many of them outside the EU.
If you would like help in obtaining your residency, entering the healthcare system or setting up a business in France then we have sourced a specialist supplier of these (paid for) services.
You can read more here or contact :