Saturday January 2, 2021 - 21:28:34 GMT
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Brexit is Not Working for Me
GBPUSD closed the year on a firm note but Brexit is not a happy prospect for all UK citizens. Take this British National, a long time Global-View forex forum member, who sent me the following:
“Brexit is a pain for the individual, I and a UK citizen living in an EU country so I need to
Change my driving licence.
Get a new bank account as my UK bank is closing.
Get new national health papers (for free medicals and reduced prices on drugs).
Have to get a visa to stay in an EU country for any period over 90 days per 180..
I also lose the reduced fee structure for my son to study in the UK as I have not been a resident there for some time. My son. though a British national, is not eligible to UK fees of GBP 9000+ per year. He will have to pay 22,000+ as of the 2021 academic year..
Anything I bring into the EU for personal use will have to be declared at customs..
The rentals are decreasing in the UK due to Brexit so my property there is losing value..
Sterling is gaining but I think it might be short lived as the full effects of the split emerge..
So overall it is not a happy prospect for me living with Brexit. “
For those interested in trading GBPUSD or any forex pair or any other market, see
173 Seconds That May Change Your Trading Forever.
Jay Meisler, co-founder
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