Brexit is set now on the date of 31 October by the new Prime Minister Boris Johnson. What could the consequences be?
It is estimated that food prices will increase. Currently, the UK produces 53% of the food it consumes in its own country. 28% comes from the EU. Supermarkets in the UK currently import 79% of food from the EU. Other imported goods from the EU and mobile phone roaming charges are also set to increase.
Visas for travelling in the EU will not be required if you stay up to 90 days, but depending on the country, a visa might be required for work or study. At the EU borders, UK passport holders might need to show that they have sufficient money to stay, show a return ticket and use the ‘international passport holders’ line. The European Health Insurance would also cease to exist in the UK.
Currently three quarters of medicinal and clinical supplies are imported from the EU or come via the EU. There has already been a shortage before Brexit due to different factors such as increased global demand, the cost of raw materials, new regulations that increase costs and companies that refuse to continue selling products with no profit. However, it is expected that Brexit will only exacerbate the problem of medicine shortage.
In 2017, there were 1.3 million of UK nationals living in EU countries. Around 310,000 live in Spain, 280,000 in Ireland , 190,000 in France. In the case of Spain, UK nationals need to show a proof a residence which requires a proof on an annual income of at least 26,000 euros – which might become difficult for pensioners. Spain is offering a 21-month grace period for protection of UK nationals, otherwise they have to acquire Spanish citizenship and give up their UK passport. In the case of Ireland, the Common Travel Area agreement allows Irish and UK people to travel and work freely in both countries. There is major concern about Northern Ireland and the possible introduction of a ‘hard’ border which both parties try to avoid. Each country will handle Brexit differently, but most of them offer a grace period.
What will happen at the date of Brexit?