Worcestershire Now - OCTOBER 2020

Page 16

HOME & GARDEN

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e ld b u o c 021 2 f o eme ay. h t e aw e, th etting m o h g g at gs and n i y in ta ut s your w o b g ll a as a preadin w s 20 If 20

Things will certainly be a lot

full time or part time. It’s certainly more

You have three types of visa to consider:

different when relocating to

straightforward to stay resident in the UK and

working, retirement and ‘golden’. Anyone

Europe, as the new ‘freedom of

just enjoy long – maybe very long – holidays in

planning on working abroad will need

movement’ rules will apply from 1st January,

the sun. You could, for example, buy a second

the relevant visa. That includes ‘digital

meaning British people will need a visa to

home in Spain, enjoying long, warm winters

nomads’ who plan to work from home for

live full-time in an EU country. Meanwhile,

there, and then rent it out to high-paying

the Birmingham office. It just happens that

long-haul destinations like New Zealand are

tourists while you enjoy an English summer.

‘home’ is now a café in San Francisco.

You’ll have no worries over Brexit, enjoy

Retirement or ‘non-lucrative’ visas will be

effectively sealed off to non-citizens of those countries for the time being.

capital growth (hopefully) on two properties,

popular in Spain and France, where if you

But that doesn’t mean you should forget the

take holidays whenever you want them, and

show an income over a certain amount

idea of moving abroad, which is one of the

you can even finance the overseas home

(usually not that much, less than €1,000 per

most exciting adventures one can have, at

with equity release on your UK property.

month) and have private healthcare, you can

any time of life. You might just need to spend the half of 2021 planning (and the second half living the dream!).

If moving full time, 2021 could be a big year for emigration lawyers and agents. They now have another 26 countries to work in, as Brits

Planning for your big move

moving more than half of the year to the EU

Your first decision will be whether to move

will need a visa.

n 16 | Worcestershire Now | Issue 200 | October 2020

stay. Lastly, golden or investor visas are where you gain residency in return for splurging lots of money on a property or other investment. Money talks everywhere, but €500,000 will CONTINUED OVER THE PAGE


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