What are the impacts of Brexit

It was over a year ago that as a country the UK voted to leave the EU. One night in June 2016, the future of the British people was decided. A slight majority, under 2%, of the population decided that they thought the UK Would be better if it was not a member of the EU.

Being outside of the EU makes a lot of differences to the way that the UK will interact with the EU member countries and the rest of the world. To say that this is undecided is a massive understatement.

Trade deals were being operated by the EU on behalf of the UK and these will cease the moment that the UK leaves. This means that the UK will have to renegotiate with almost every country in the world to decide on import and export terms. This doesn’t sound easy as the best of times, but when they will effectively be in competition with the EU, who already have preferential rates, the effect on the UK markets could be felt for years to come.

Trade deals are big news in the city and in the newspapers, but they are not the aspect of Brexit which will affect people the most.

In the UK, there are over three million EU migrants, who currently live, work and raise their families. They have decided to make their lives in Britain and have worked their way to a financially stable position, often working jobs which are not available back in their native land.

It is these three million people who will be affected the most by the changes imposed by any deal the UK can get out of Brexit.

That is the issue. No-one knows exactly what will happen when the UK leaves. Not the British Prime Minster, nor the party of MPs and advisors who are working every hour under the sun to try and cements a good deal for the UK. Whilst on the other side, the EU has no idea of how the negotiations will turn out, they have never seen a country leave before.

The process is meant to be drawn out and take years to complete. It is not a simple tick box and leave. There are years’ worth of negotiations to be held and battles to be won and lost on both sides.

With all this turmoil in the air and the complete lack of certainty around the whole situation, the three million EU nationals living in the UK need to be proactive, to help and ensure they have the future they want.

Now is the time to regulate your status in the UK and to have everything officially confirmed. You will need the services of the best Immigration Lawyer in London has to offer.

No-one knows what tomorrow holds, no-one knows exactly what deals the UK will be able to pull out of the EU and equally what the EU will be able to hold onto in the negotiations. The only thing we do know, is that you can ease the stress and worry, by sorting out your immigration status today.

 

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