International Client – October 2020

15 Oct 2020

shipping containers

Welcome to the October 2020 edition of International Client.

In this issue we examine two upcoming changes arising from the UK’s departure from the EU. The first concerns the impact on international trade of VAT changes, once the Brexit transition period comes to an end on 31 December 2020. Read more.

In our second article, Rose Carey and Elena Vasilyeva of Charles Russell Speechlys consider the immigration rules for EU nationals after the end of the Brexit transition period. Read more.

Aside from Brexit-related matters, we review the Stamp Duty Land Tax surcharge which will come into effect from 1 April 2021 for non-UK residents purchasing UK residential property. Read more.

Our final article considers why Guernsey has become a favoured jurisdiction for structuring UK real estate investments, and outlines the benefits of some of the vehicles typically used by investors. Read more.

Should you wish to discuss any of the issues raised in this newsletter, please contact me or your usual Saffery Champness partner.

Ben Melling, Editor

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