BREXIT Implications for Residents and Owners

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JohnnyCyprus
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BREXIT Implications for Residents and Owners

Post by JohnnyCyprus » 09 Feb 2018 18:56

What views are there on the implications of UK leaving and Cyprus remaining in the European Union for:

a) UK citizens currently resident in Cyprus

b) UK resident citizens owning property in Cyprus

c) Cyprus citizens resident in UK

d) Cyprus citizens owning property in UK



Nigel Howarth
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Re: BREXIT Implications for Residents and Owners

Post by Nigel Howarth » 09 Feb 2018 23:37

Hello JohnnyCyprus and welcome to the forum.

No-one will be able to answer your questions until an agreement between the UK and EU has been reached (or not as the case may be.)

Regards


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JohnnyCyprus
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Re: BREXIT Implications for Residents and Owners

Post by JohnnyCyprus » 10 Feb 2018 01:28

Thank you for the welcome and for this resource.

Of course none of us know but, some may have a view on the matter?

It is clearly of the highest relevance to many accessing this board, yet it seems we are completely in the dark.



Pantheman
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Re: BREXIT Implications for Residents and Owners

Post by Pantheman » 10 Feb 2018 15:09

JohnnyCyprus wrote:
10 Feb 2018 01:28
Thank you for the welcome and for this resource.

Of course none of us know but, some may have a view on the matter?

It is clearly of the highest relevance to many accessing this board, yet it seems we are completely in the dark.
My view is nothing will change because UK citizens lived and owned property in Cyprus and vice versa long before Cyprus joined the EU, so I don't see why that should change.

Medical and pension agreements (bilateral) were in place before the EU came, again I don't see them changing.

All in all, most things will remain, ok, perhaps you need to go in a different queue when you arrive here or when you goto the uk passport control, but I don't think people should be unduly concerned.

That's my take on it.


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JohnnyCyprus
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Re: BREXIT Implications for Residents and Owners

Post by JohnnyCyprus » 10 Feb 2018 21:22

Thank you; that is interesting.

I had wondered, once BREXIT is effected;

a) Will UK visitors require their new blue passports to be stamped on entering and leaving Cyprus and other EU countries? (As, I believe is now the case for other visitors from outside the EU)

b) Will UK remain on the list of countries whose citizens do not require a visa for stays in Cyprus of up to 90 days? (But might stays of over 90 days require a visa?)

c) Will Cyprus continue to issue the 'Yellow Slip' to UK citizens staying for over 90 days?

d) How might those UK citizens working in Cyprus be affected?

e) When might the current preparations for Cyprus join the Schengen zone conclude and how might that affect non EU visitors?

f) Will UK leave the SEPA and how might this affect the cost of Euro transactions for non resident property owners? (Offshore Bank accounts would seem to operate as if they are within SEPA, although they are based outside EU; ie IOM, Jersey, etc.)

As Nigel has said perhaps we cannot know the answers, but are these matters even being considered by our respective governments?



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Re: BREXIT Implications for Residents and Owners

Post by Pantheman » 11 Feb 2018 21:52

JohnnyCyprus wrote:
10 Feb 2018 21:22
Thank you; that is interesting.

I had wondered, once BREXIT is effected;

a) Will UK visitors require their new blue passports to be stamped on entering and leaving Cyprus and other EU countries? (As, I believe is now the case for other visitors from outside the EU)

b) Will UK remain on the list of countries whose citizens do not require a visa for stays in Cyprus of up to 90 days? (But might stays of over 90 days require a visa?)

c) Will Cyprus continue to issue the 'Yellow Slip' to UK citizens staying for over 90 days?

d) How might those UK citizens working in Cyprus be affected?

e) When might the current preparations for Cyprus join the Schengen zone conclude and how might that affect non EU visitors?

f) Will UK leave the SEPA and how might this affect the cost of Euro transactions for non resident property owners? (Offshore Bank accounts would seem to operate as if they are within SEPA, although they are based outside EU; ie IOM, Jersey, etc.)

As Nigel has said perhaps we cannot know the answers, but are these matters even being considered by our respective governments?
All good questions, but you cannot get any definitive answers just yet. Perhaps you should put them to the High Commissioner and see what his take on it will be, he may be more up to speed with things. I doubt anyone could really have a take on these types of questions. I guess we just need to wait and see. I don't think you should be concerned too much, I doubt Brit residents living in Cyprus will be hard done by.


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JohnnyCyprus
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Re: BREXIT Implications for Residents and Owners

Post by JohnnyCyprus » 12 Feb 2018 12:08

Thank you for your response.

It seems you are right: no-one seems to know where this is heading, certainly not the UK government.

Perhaps Cyprus officials might have a position, but they have been curiously muted.



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