Jul 7 2016
The vote by a small majority of British to leave the EU sent shock waves around the world. It was a result, no one really expected, especially the leaders of both sides, all of whom have now quit and left the mess for others to sort out. The fall out has started, with the pound plummeting and numerous questions being asked. Of course no one can know what will or will not happen, there will likely be years and years of uncertainty but here I’d like to cover the main points and possible outcomes of Britain leaving the EU, focusing on property ownership and residency issues here in Bulgaria.
I think the first important point to note is that at the moment nothing has actually changed. The UK is still part of the EU, British people are still EU citizens and it is likely to be a minimum of 2 years before any of this changes. Second, both the Bulgarian President and the Bulgarian Prime Minister have already made it clear Bulgaria welcomes British people (and others) and if you can meet the requirements, then there will be no problem gaining residency and citizenship. More