Video Briefing

Nomad Capitalist: How Will Brexit Affect UK Citizens’ Travel

Nov 22, 2018Video Briefing6:20Watch on YouTube

The British passport will retain its strength after Brexit, allowing UK citizens to continue traveling relatively freely in Europe and beyond. While short‑term visits to the Schengen area will be limited to the standard 90 days within any 180‑day period, longer stays or work opportunities can be pursued through alternative residency programmes.

Short‑term travel to the Schengen zone

  • 90‑day rule – UK passport holders can spend up to 90 days in any 180‑day window in the Schengen area, just as citizens of the United States, Canada or Australia do today.
  • No new visa requirement – For typical tourism or short business trips, no additional visa is expected; border checks will remain routine but uncomplicated.

Options for extended stays or work

Path How it works Typical requirements
Golden Visa programmes Obtain residency by investing in real estate or other qualifying assets. Purchase property (often €250 k–€500 k) in a participating country such as Greece, Cyprus, Portugal, or Latvia; meet minimum stay obligations.
Real‑estate‑based residency Use property ownership as a gateway to long‑term residency. Buy a home in a Schengen country (e.g., Greece, Portugal) and apply for a residence permit; permits usually grant the right to travel freely within the Schengen zone.
Entrepreneurial visas Set up a business that meets local investment or job‑creation criteria. Register a company, demonstrate a viable business plan, and sometimes meet a minimum capital threshold.
Standard work visas Apply for a national work permit if you have a job offer. Employer sponsorship, proof of qualifications, and compliance with the host country’s labour market rules.

These routes are available to high‑income entrepreneurs (six‑ or seven‑figure earners) and can be pursued regardless of nationality, similar to programmes offered to Americans, Australians, and other non‑EU citizens.

Tax and residency considerations

  • Avoiding UK tax residency – Spending less than 183 days in the UK each tax year can prevent automatic UK tax residency, but other factors (e.g., ties to the UK) also matter.
  • Diversifying tax jurisdictions – Establishing legal residence in a low‑tax or non‑tax jurisdiction (e.g., certain Caribbean islands, Dubai) can reduce overall tax liability while retaining the ability to travel on a British passport.
  • Schengen stay limits – Prolonged presence in Europe may trigger tax residency in a European country; using a golden visa or other residency permit can help manage this risk.

Practical steps for UK citizens

  1. Plan short trips under the 90‑day rule without additional paperwork.
  2. Research golden‑visa options in countries that match your investment capacity and lifestyle preferences.
  3. Consider establishing a location‑independent business to generate income without needing a local employer sponsorship.
  4. Monitor tax residency rules in both the UK and any new country of residence to avoid unintended tax obligations.

Overall, Brexit does not diminish the utility of the British passport for travel or business. By leveraging existing residency programmes and maintaining a flexible, entrepreneurial approach, UK nationals can continue to enjoy global mobility while optimizing tax exposure.