Re: Moving abroad - What will happen after Brexit
Originally Posted by ZsaZsa
You only pay tax on the income you've earned in the country you've moved to but not on any income earned in the country you've left. That includes your pension. I know this to be true from living and working in South Africa.
Whilst it's true you'll have to take out private health insurance instead of being covered by the NHS, the only difference will be that the Insurance company will pick up and pay the bill instead of the NHS.
Asfor having NO RIGHT to move to any other EU country, well that's just a figment of your imagination!
Try reading this!
And this from the British Ambassador in Hungary
A No Deal means all existing Taxation Agreements cease.
The agreements which where to be carried forward as part of the Withdrawal Agreement.
If that agreement is voted down in the UK Parliament any promises made to date fail.
Hungary may well decide to come to a Dual Taxation Agreement, it may not.
At the moment, UK Pensioners living in the EU get Annual Pension Increases, in some other Countries they get do not get their Annual Increase.
After Brexit, the UK Government will have to decide if this continues to be the case.
The UK is ending Free Movement, introducing Residency Qualifications, the EU will do the same, retiring to the EU is no longer a given.
The fall in the value of the £ is already having an impact, some are having to return to the UK.