Important factors to consider in residence planning
There is now a possibility where South Africans with a British passport could lose out on the privileges of living and working in Europe without the strenuous task of applying for visas.
That’s according to Andrew Taylor, head of Henley & Partners South Africa, who said the value of the British passport will reduce in value as a result of the UK’s referendum to exit the European Union.
However, he said this won’t impact those seeking short-term visits to the EU. “Brexit will of course not impair visa-free travel between the UK and the EU countries, and also have no impact on the visa policy of either the UK or the EU as this has always remained separate with the UK setting its own short-term visa policy,” he said.