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Henley & Partners: Rising Anxiety Over Impact of No-Deal Brexit on Britain’s Passport Power
– LONDON, Aug. 20, 2019 /PRNewswire/ — With just 10 weeks to go until the 31 October Brexit deadline, Brits are becoming increasingly concerned about the potential decline in their passport power. As millions return from their visa-free summer holidays abroad, and the more than five million British passport holders living permanently outside the UK anxiously consider their alternative citizenship options, there is a growing acknowledgement that the British passport may soon not be what it used to be in terms of global mobility and settlement freedom.
“Hard” Brexit, “soft” Brexit, no deal, or even a second referendum all could result in radically different and largely unpredictable implications for British passport holders, from the ease of doing business and travelling abroad, to the ability to live, work, and study anywhere in the EU.
Dr. Steffen points out that many residence- and citizenship-by-investment programs around the world include this real estate option that enables investors to include a property purchase in their application. “With the real estate market in Europe currently flourishing, acquiring property-linked citizenship or residence is a safe and sensible investment. Investment migration programs have an inbuilt volatility hedge, in that there is a wider value equation that is separate to the standard real estate metrics — everything that comes with enhanced mobility. It remains an affordable and viable means of mitigating the risk factors on every side of the Brexit debate.”COPYRIGHT LASICILIA.IT © RIPRODUZIONE RISERVATA