Will EU student visa status change following Brexit?

[et_pb_section fullwidth=”on” specialty=”off” admin_label=”Sezione”][et_pb_fullwidth_slider admin_label=”Slider a Larghezza Piena” show_arrows=”on” show_pagination=”on” auto=”off” auto_ignore_hover=”off” parallax=”off” parallax_method=”off” remove_inner_shadow=”off” background_position=”default” background_size=”default” hide_content_on_mobile=”off” hide_cta_on_mobile=”off” show_image_video_mobile=”off” custom_button=”off” button_letter_spacing=”0″ button_use_icon=”default” button_icon_placement=”right” button_on_hover=”on” button_letter_spacing_hover=”0″] [et_pb_slide background_image=”http://www.maltaway.com/wp-content/uploads/2016/05/maltaway-education-MBA.jpg” background_position=”default” background_size=”default” background_color=”rgba(0,0,0,0.48)” use_bg_overlay=”off” use_text_overlay=”on” alignment=”center” background_layout=”dark” allow_player_pause=”off” text_border_radius=”3″ header_font_select=”default” header_font=”||||” body_font_select=”default” body_font=”||||” custom_button=”off” button_font_select=”default” button_font=”||||” button_use_icon=”default” button_icon_placement=”right” button_on_hover=”on” heading=”No immediate change’ to EU student visa policy after Brexit” text_overlay_color=”rgba(0,0,0,0.48)” image_alt=” student visa”] [/et_pb_slide] [/et_pb_fullwidth_slider][/et_pb_section][et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Testo” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

No immediate change’ to EU student visa policy after Brexit

Universities Minister, Jo Johnson has made a statement about the status of international students in the UK from the EU following Brexit.

Malta is already, Brexit or NO Brexit, a great alternative for English Courses and Higher Education and MBA courses as well, and without any Visa for the EU student

Moreover for a EU students, the advantages, in case of Brexit, will enlarge significantly on Visa, fees and funding size

We have a valid Education offer here in Malta with many English courses and MBA, contact us for any query

maltaway surf

Students from the EU currently studying at UK universities, enrolled on, or about to start, courses in the coming year will see no changes to their funding status, says Jo Johnson, universities minister and brother of Leave campaign leader Boris Johnson.

In the lead up to the referendum, UK universities questioned of the impact that leaving the EU would have on higher education in Britain and shared their particular concern over changes to immigration laws, the implications of changes to EU university grants and the UK’s membership of the Erasmus student mobility programme.

How will Brexit affect higher education and research?

“We understand that there will be questions about how the referendum result affects higher education and research,” said Mr Johnson in a statement this week following Britain’s majority vote to leave the European Union.

“Many of these questions will need to be considered as part of wider discussion about the UK’s future relationship with the EU, but where we can provide further information, we will do so. The UK remains a member of the EU, and we continue to meet our obligations and receive relevant funding.”

Will EU students continue to receive funding in the UK?

As members of the European Union, the UK is obliged to offer the same financial support to EU students studying in the UK as is offered to UK nationals. Mr Johnson confirmed in his statement that EU students, who are eligible under current rules to receive loans and grants from the Student Loans Company, will continue to do so for courses they are currently enrolled on or about to start this coming year.

The Student Loans Company, which administers student loans for UK and qualifying EU students sets out the eligibility criteria in detail.

Mr Johnson went on to explain that the future of student funding arrangements with the EU will be determined as part of the UK’s discussions on its membership.

Will EU student visa status change following Brexit?

Jo Johnson reassured EU students this week that there would be “no immediate change” to the circumstances of either British citizens studying in the EU, or European citizens studying in Britain.

“For students, visitors, businesses and entrepreneurs who are already in the UK or who wish to come here, there will be no immediate change to our visa policies,” Mr Johnson confirmed.

How will the Erasmus programme be affected post-Brexit?

It is still not clear what will happen in the long-term to the Erasmus programme, which offers academic exchange opportunities for students from within the European Union. More than 15,000 students from the UK participated in the programme in 2013-14 demonstrating the global outlook of many of the UK’s domestic students.

“The referendum result does not affect students studying in the EU, beneficiaries of Erasmus+ or those considering applying in 2017,” said Mr Johnson. The UK’s future access to the Erasmus+ programme will be determined as a part of wider discussions with the EU, according to Mr Johnson’s statement.

“More broadly, existing UK students studying in the EU, and those looking to start in the next academic year will continue to be subject to current arrangements,” he said.

“There are obviously big discussions to be had with our European partners, and I look forward to working with the sector to ensure its voice is fully represented and that it continues to go from strength to strength.”

Russell Group highlights value of EU higher education funding

However, Dr Wendy Piatt, Director General of the Russell Group, has not been so optimistic.

“Leaving the European Union creates significant uncertainty for our leading universities,” she said in a statement following the announcement of the referendum result.

However taking a more conciliatory tone, Dr Piatt vowed to work together with the government to secure the best results for students and higher education institutions within the group.

“Throughout the campaign both sides acknowledged the value of EU funding to our universities,” she said, “and we will be seeking assurances from the government that this will be replaced and sustained long term.”

“The UK has not yet left the EU so it is important that our staff and students from other member countries understand that there will be no immediate impact on their status at our universities.”

Dr Piatt believes that the free movement of talent and research networks across the EU have played a crucial role in the success of Russell Group universities and explains that she will be working closely with the government to secure the best deal as negotiations move forward.

http://www.relocatemagazine.com/education-no-immediate-change-to-eu-student-visa-policy-after-brexit-says-johnson

 

[/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

Advertisements

Pensions, Pensioners, Brexit and pensions’ passporting throughout Europe

Pensions, Pensioners, Brexit and pensions’ portability throughout Europe

http://www.maltaway.com/malta-retirement-programme-en/

http://www.maltaway.com/pensioni-pensionati-italia-malta-estero/

cropped-bici-vecchiaia-maltaway.png

From expatforum

British expats living in European Union countries, especially popular ones such as France and Spain, are still trying to come to terms with how Brexit will affect their finances and living plans.

One big area of concern are pensions and Brexit could be a trigger for more people to move their British pensions out of the UK, according to finance experts.

The issue revolves around whether or not the UK tax authority, HMRC, will continue to recognise Qualifying Recognised Overseas Pension Scheme, or QROPS, which have been popular for expats worried about currency fluctuations.

Brexit will be a trigger for even more people to move their British pensions out of the UK, according to Nigel Green, chief executive of independent financial advisory firm, deVere Group.

‘As the reality of what a Leave result in the EU referendum means for personal finances sinks in, people will now be reassessing their retirement planning strategy. We can fully expect demand for HMRC-recognised overseas pension transfers to be further boosted thanks to the UK’s decision to leave the European Union,’ he said.

‘Due to the huge amount of uncertainty that’s created, more and more people who are eligible to do so, that’s to say expats and those who are considering retiring outside Britain, will be seeking to safeguard their retirement funds by transferring them into a secure, regulated, English speaking jurisdiction outside the UK,’ he added.

The main concern for finances has been the significant fall in the pound following the referendum decision. For those living in the EU and in receipt of a UK pension, a plummeting pound has serious consequences as the cost of living becomes more expensive.

An established way to help mitigate these problems of currency fluctuations, which can seriously erode retirement income, is to transfer a UK pension into a QROPS. However, there have been some questions raised over the legalities of QROPS due to the Brexit decision.

‘QROPS started under EU law, but now there are separate agreements in place between the UK and individual jurisdictions, such as Malta, regarding pensions transfers. This means that when the UK leaves the EU, these agreements will remain intact.

Therefore, the pension funds established in these jurisdictions will still meet the criteria to be recognised as Overseas Pensions Schemes under UK legislation,’ Green pointed out.

‘Considering the wider post-Brexit vote scenario we are facing, we can assume that the wider international financial advisory sector is about to enter a phase of enormous activity and growth,’ he added.

Pensioners are the biggest group of British expats in Europe, and they can use the years they have worked in one member state to qualify for pensions in another. For example, in Germany EU citizens can count years worked elsewhere to meet the minimum requirements for a pension.

MALTAway, Corporate & Assets Governance, World Class, MALTA, Worldwide

We believe that many Corporations and Individuals  seek what we have found , and we want to share , we need only starting to think and act differently … and our contribution 

MALTAway is a web portal driven by an holistic vision to offer integrated services such as Corporate Services, Tax & Legal, Management Consulting, Governance, Investment, Business Advisory,  Relocation, in favor of the Corporations, Business, Finance, HNWIs;

MALTA is the best place to move in, with an Anglo-Saxon Business Culture and Regulatory environment in the middle of the Mediterranean Sea, to prosper, develop and protect the Business and the Assets of a Corporation and HNWIs as well

UK’s woes, Malta’s deligh?

UK’s woes, Malta’s deligh?

Prime Minister Joseph Muscat has stated Malta could become the UK’s gateway to Europe and vice versa, and seize the bountiful opportunities that a Brexit could create for Malta

 

Corporate & Assets Governance, World Class, MALTA, Worldwide

MALTAway is a web portal driven by an holistic vision to offer integrated services such as Corporate Services, Tax & Legal, Management Consulting, Governance, Investment, Business Advisory,  Relocation, in favor of the Corporations, Business, Finance, HNWIs;

MALTA is the best place to move in, with an Anglo-Saxon Business Culture and Regulatory environment in the middle of the Mediterranean Sea, to prosper, develop and protect the Business and the Assets of a Corporation and HNWIs as well

maltaway sexy rider woman

The UK’s exit from the European Union could prove to be extremely beneficial for Malta, while Brexit risks costing the City of London billions of pounds, thousands of workers and its spot as the world’s top financial centre.

This possible lost status hinges on one simple process that Malta could take over from the UK: passporting.

Passporting allows British-based financial institutions such as banks, fund managers and insurers to seamlessly sell their services across the 28 EU nations without having to get regulator approval or set up subsidiaries in each member state.

And in the immediate wake of the “leave” vote, the governor of France’s Central Bank fuelled the fears for London’s lost financial hub status.

François Villeroy de Galhau said that keeping the so-called “passport” would not be possible if the UK left the single market of trade in goods and services.

Passporting has proven extremely popular in the UK, where banks use it to expand their customer base in the union, while EU firms use it to tap into the international financial markets via London, as a global financial hub.

Non-UK and non-EU banks use passporting as a financial springboard to do business with the entire EU, with the benefit of only having to set up a base in one place.

Swiss and US banks, for example, use London for easy access to the European single market.

And given passporting is of vital importance, then it will mean a shake-up for the sector, and one would expect non-UK firms currently based there to relocate some or all of their operations to within the single market.

Enter Malta.

Following the Brexit vote, many – including prime minister Joseph Muscat – have indicated that Malta could serve as the UK’s gateway into the EU once the country left the union.

Joe Zammit Tabona, former Maltese high commissioner to the UK, told MaltaToday that Malta should set itself up as a base where UK companies would have a foothold into the EU, providing passporting services for those companies currently headquartered in the UK and offering services in other EU countries.

Malta should seize the opportunities that the UK’s exit from the EU could create, especially within the financial services sector, but also in other sectors like manufacturing,” he said.

Zammit Tabona said it would be best for everyone involved if the UK’s exit strategy was made clear as soon as possible, to limit speculation and let companies plan future strategy.

The top 14 global investment banks operating in the UK at the moment employ between them alone more than 60,000 people.

Attracting those companies to Malta would fall under the remit of Malta Enterprise and FinanceMalta, a non-profit public-private initiative set up to promote Malta’s international business and financial centre within and outside Malta.

A spokesperson for Malta Enterprise told MaltaToday that it was guided by the government on its position on Brexit and its possible effects on those economic activities for which Malta Enterprise is responsible.

As to whether any additional incentives could be introduced to attract those companies, banks and firms that could be considering leaving the UK following the Brexit vote, Malta Enterprise said it continuously monitored what other countries were offering in terms of incentives to attract Foreign Direct Investment.

“Of course, when we devise such incentives, we comply strictly with EU State Aid regulations,” the spokesperson said.

John Huber of advisory firm John Huber & Associates, and a member on the board of governors of FinanceMalta, said that potential opportunities for Malta could develop once the UK negotiating position became clear, but insisted it was way too early for tangible forecasts.

He acknowledged that Malta could be a very attractive option for companies which would potentially choose to leave the UK once the country officially left the EU.

“Our language and legislation could prove very attractive for such companies seeking to relocate outside the UK,” he said. “And having our tax system mostly based on the UK’s is an added bonus.”

Huber also expressed concern at one possible major negative effect Brexit could have on Malta.

“Once the UK leaves the EU, Malta will have lost its strongest ally within the bloc,” he said. “I wonder how that will affect Malta?”

My hope is that Malta realises itself as an attractive stepping stone for passporting services for UK-based companies who will need access to the EU, as we currently serve for Middle East and African companies,” he said.

Huber has served as an adviser to the Maltese government and as a technical reference point in the drafting of the Malta Retirement Programme, the Global Residence Programme and The Residence Programme.

He is also a member on the board of governors at FinanceMalta. But any decision – in the City of London and in Malta – will have to wait until the UK exit strategy becomes apparent in its negotiation with the EU.

And meanwhile, some argue that the Brexit fears are overblown.

“Leave” campaigners say that quitting the union would free London from the EU’s regulatory restraints and allow the financial services industry to become more competitive.

By leaving the union, the UK could, for example, revert the cap on banking bonuses that was introduced after the financial crisis against Britain’s will.

Removing that cap and letting bonuses run high again could provide a lift to financial activity in London, offsetting some of the negative impacts.

http://www.maltatoday.com.mt/business/business_news/67006/uks_woes_maltas_delight_brexit_brings_a_mixed_bag#.V33fFJN978R

No Brexit risk for global rich

No Brexit risk for global rich

Henley chairman Christian Kalin says UK’s future with EU will do little to curb right to settlement for those seeking to buy an EU passport

maltaway malta sun ladies

 MALTA way offers you the services of legal advisory for theresidence scheme, on the basis of the different formats required by existing rules of the Maltese Regulations, according to the different applicants subjective profiles and citizenship
We advise and assist global corporations to relocate to Malta for the company and their executives or employees, professionals, families, individuals, HNWIs and retirees as well

Are the new citizens who acquired the Maltese passport for access to the Schengen zone and the United Kingdom about to get less bang for their €650,000?

Fear not, says Christian Kalin, the brains behind the ‘citizenship-by-investment’ scheme promoted by Henley & Partners, and which Malta adopted and renamed as the Individual Investor Programme. There’s little to suggest that holders of any EU passport will find it problematic to obtain access to the UK.

London has been a draw for ‘non-doms’ – a tax status for those living in the UK but whose father or grandfather was resident in another country when they were born, allowing them to avoid paying tax on money earned outside the UK. Supporters of the tax status, introduced back in 1799 for colonial traders, say it keeps capital and ‘talent’ inside the British capital.

But citizenship specialist Christian Kalin predicts that with Brexit negotiations soon to take place with the European Council, little might change for the free movement of labour in a future association agreement with the EU.

“The UK will now simply need to decide how much it wants to separate itself from the EU, which is unlikely to restrict significantly access to the EU for UK citizens,” Kalin says, listing as an example the European Economic Area (EEA) countries – Liechtenstein, Norway and Iceland – which still get the free right of settlement, or Switzerland – his home nation – which is part of the European Free Trade Agreement but not an EEA member. “It has opted for bilateral agreements with the EU which give its citizens the same rights of settlement throughout the EU.”

EU citizenship was introduced by the Maastricht Treaty in 1992 and affords rights such as the right to free movement, settlement and employment across the EU.

“It is foreseeable that the UK will end up under an EEA-type of arrangement or acquire a status similar to Switzerland’s. In this case, a form of free right of movement and settlement would likely remain, in particular for entrepreneurs, investors and financially independent people,” Kalin says, suggesting a return for the UK to its pre-EU status, when it was a founder member of the EFTA.

Kalin says there is nothing much to worry about for those who acquired or are looking to acquire Maltese citizenship.

In the unlikely event that the right of settlement vis-à-vis the UK is terminated with Brexit, this would damage the value of British citizenship far more than that of European citizenship,” Kalin says, warning that the UK would potentially lose free access to 27 countries.

“We have no doubt that the UK will find some form of association with the EU which will, at least for financially independent citizens, continue to provide access to settle in the UK.

“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.”

Those who seek to reap rewards on corporate passporting by luring businesses from London to Malta, may have yet to wait for drastic moves.

On the corporate and investment side alone, Malta is very attractive and remains an interesting possibility for multinationals. Brexit, however… I don’t think that changes much at all. Malta is still a very good EU base, as are of course other EU jurisdictions like Dublin, Luxembourg and Frankfurt,” Kalin says.

http://www.maltatoday.com.mt/business/business_news/67114/no_brexit_risk_for_global_rich_says_citizenship_expert_chris_kalin#.V33dTpN978R

Labour costs growing fast in Malta in 1Q 2016

Labour costs growing fast in Malta – up by more than 11% where Malta has clearly a skills’ shortage

maltaway woman 06

When economy heats up, the desire for the best heats up as well…..

WHY MALTAWAY ? is the key question indeed!

Corporate & Assets Governance, World Class, MALTA, Worldwide

We believe that many Corporations and Individuals  seek what we have found , and we want to share , we need only starting to think and act differently … and our contribution

ISTRUZIONE E MERCATO LAVORO A MALTA

TROVARE LAVORO A MALTA

Contatta Maltaway per la tua relocation a Malta

From Maltawinds.com

Labour costs in Malta appear to be consistently on the rise with increases ranging from 1.1 per cent quarter to quarter up to an impressive 11% in certain sectors such as non-wage costs. Malta was well above the average for wage cost rises at just under 3% or in 11th place where nominal labour hourly costs were concerned.

Hourly labour costs rose by 1.7% in both the euro area (EA19) and the EU28 in the first quarter of 2016, compared with the same quarter of the previous year. In the fourth quarter of 2015, hourly labour costs increased by 1.3% and 2.0% respectively.

The two main components of labour costs are wages & salaries and non-wage costs. In the euro area, wages & salaries per hour worked grew by 1.8% and the non-wage component by 1.5%, in the first quarter of 2016 compared with the same quarter of the previous year. In the fourth quarter of 2015, the annual changes were +1.5% and +0.7% respectively. In the EU28, hourly wages & salaries rose by 1.7% and the non-wage component by 1.6% for the first quarter of 2016. In the fourth quarter of 2015, annual changes were +2.1% and +1.3% respectively.

Breakdown by economic activity

In the first quarter of 2016 compared with the same quarter of the previous year, hourly labour costs in the euro area rose by 2.0% in industry, by 1.4% in construction, by 1.7% in services and by 1.6% in the (mainly) non-business economy. In the EU28, labour costs per hour grew by 1.9% in industry, by 2.6% in construction, by 1.6% in services and by 1.5% in the (mainly) non-business economy.

Member States

In the first quarter of 2016, the highest annual increases in hourly labour costs for the whole economy were registered in Romania (+10.4%), Bulgaria (+7.7%), Estonia (+6.9%), Lithuania (+6.1%) and Latvia(+4.7%). Decreases were recorded in Italy (-1.5%) and Cyprus (-0.3%).

Walking or riding …World Class, MALTA, Worldwide

Automatic Exchange of Information
Committed Countries

On 1 January 2016 the automatic exchange of financial account information in tax matters came into effect. Ignorance is of course no excuse and ignoring the matter can result in trouble.

MALTA is 100% fully EU and OCSE compliant, be compliant for yourself, your business, your assets with MALTAway, your best way to Corporate and Assets governance

Walking or riding … World Class, MALTA, Worldwide

maltaway bike lady back

What is Automatic Exchange of Information (AEoI)?

It is a Global Common Reporting and Due Diligence Standard (CRS) which is developed by the Organisation for Economic Co-operation and Development (OECD) in cooperation with G20 and the European Union. As per latest available update 89 countries have committed to implement AEoI either by September 2017 or September 2018. In terms of AEoI’s implementation, the CRS will need to be translated into domestic law, whereas the Competent Authority Agreements can be executed within existing legal frameworks such as Article 6 of the Multilateral Convention on Mutual Administrative Assistance in Tax Matters or the equivalent of Article 26 in bilateral Double Tax Treaties.

In plain English, governments participating in this will obtain detailed account information from their financial institutions and exchange that information automatically with other jurisdictions on an annual basis. The purpose behind this initiative is the protection of the integrity of the tax systems of each participating country and suppress the tax evasion through offshore jurisdictions.

What will be reported and by whom?

All financial institutions (banks, custodians, treasury, brokers, certain collective investment vehicles and specified insurance companies) will report the following information:

  • Investment income (interest, dividends, income from certain insurance contracts);
  • Account balances;
  • Sales proceeds from financial assets; and
  • Other income generated with respect to assets held in the account or payments made with respect to the account.

Reportable accounts and persons

  • Individual accounts (name, address, residency, TIN, date & place of birth);
  • Corporate accounts (trusts & foundations) (name, address, residency, TIN)
  • Individuals that ultimately control the entities, trusts and foundations (passive NFE) (name, address, residency, TIN, date & place of birth);
  • Estate of decedents.

Which countries are participating and when?

Country Reporting Date
Albania Albania Sept 2018
Andorra Andorra Sept 2018
Anguilla Anguilla Sept 2017
Antigua and Barbuda Antigua and Barbuda Sept 2018
Argentina Argentina Sept 2017
Aruba Aruba Sept 2018
Australia Australia Sept 2018
Austria Austria Sept 2018
Bahamas The Bahamas Sept 2018
Barbados Barbados Sept 2017
Belgium Belgium Sept 2017
Belize Belize Sept 2018
Bermuda Bermuda Sept 2017
Brazil Brazil Sept 2018
British Virgin Islands British Virgin Islands Sept 2017
Brunei Darussalam Brunei Darussalam Sept 2018
Bulgaria Bulgaria Sept 2017
Canada Canada Sept 2018
Cayman Islands Cayman Islands Sept 2017
Chile Chile Sept 2018
China China Sept 2018
Colombia Colombia Sept 2017
Cook Islands Cook Islands Sept 2018
Costa Rica Costa Rica Sept 2018
Croatia Croatia Sept 2017
Curacao Curaçao Sept 2017
Cyprus Cyprus Sept 2017
Czech Republic Czech Republic Sept 2017
Denmark Denmark Sept 2017
Dominica Dominica Sept 2017
Estonia Estonia Sept 2017
Faroe Islands Faroe Islands Sept 2017
Finland Finland Sept 2017
France France Sept 2017
Germany Germany Sept 2017
Ghana Ghana Sept 2018
Gibraltar Gibraltar Sept 2017
Greece Greece Sept 2017
Greenland Greenland Sept 2017
Grenada Grenada Sept 2018
Guernsey Guernsey Sept 2017
Hong Kong Hong Kong (China) Sept 2018
Hungary Hungary Sept 2017
Iceland Iceland Sept 2017
India India Sept 2017
Indonesia Indonesia Sept 2018
Ireland Ireland Sept 2017
Isle of Man Isle of Man Sept 2017
Israel Israel Sept 2018
Italy Italy Sept 2017
Japan Japan Sept 2018
Jersey Jersey Sept 2017
Kuwait Kuwait Sept 2018
Latvia Latvia Sept 2017
Liechtenstein Liechtenstein Sept 2017
Lithuania Lithuania Sept 2017
Luxembourg Luxembourg Sept 2017
Macao Macao (China) Sept 2018
Malaysia Malaysia Sept 2018
Malta Malta Sept 2017
Marshall Islands Marshall Islands Sept 2018
Mauritius Mauritius Sept 2017
Mexico Mexico Sept 2017
Monaco Monaco Sept 2018
Montserrat Montserrat Sept 2017
Nauru Nauru Sept 2018
New Zealand New Zealand Sept 2018
Netherlands Netherlands Sept 2017
Niue Niue Sept 2017
Norway Norway Sept 2017
Poland Poland Sept 2017
Portugal Portugal Sept 2017
Qatar Qatar Sept 2018
Romania Romania Sept 2017
Russia Russia Sept 2018
Saint Kitts and Nevis Saint Kitts and Nevis Sept 2018
Saint Lucia Saint Lucia Sept 2018
Saint Maarten Sint Maarten Sept 2018
Saint Vincent and the Grenadines Saint Vincent and the Grenadines Sept 2018
San Marino San Marino Sept 2017
Samoa Samoa Sept 2018
Saudi Arabia Saudi Arabia Sept 2018
Seychelles Seychelles Sept 2017
Singapore Singapore Sept 2018
Slovak Republic Slovak Republic Sept 2017
Slovenia Slovenia Sept 2017
South Africa South Africa Sept 2017
South Korea Korea Sept 2017
Spain Spain Sept 2017
Sweden Sweden Sept 2017
Switzerland Switzerland Sept 2018
Trinidad and Tobago Trinidad and Tobago Sept 2017
Turkey Turkey Sept 2018
Turks and Caicos Islands Turks and Caicos Islands Sept 2017
United Arab Emirates United Arab Emirates Sept 2018
United Kingdom United Kingdom Sept 2017
Uruguay Uruguay Sept 2018
Vanuatu Vanuatu Sept 2018

https://www.world.tax/articles/automatic-exchange-of-information-committed-countries.php

Malta, Europe, Brexit, relocation considerations

‘Brexit could positively impact Malta’s financial services industry’ … and much more

PN leader questions whether rights of Maltese living in UK will be diminished as a result of summit deal, suggests government should apply same treatment to British immigrants in Malta

MALTAway is your way to relocate yourself, your business,your wealth in Malta

A British exit from the EU could have positive ripple effects on Malta’s financial services industry, Prime Minister Joseph Muscat said.

While reiterating his support for Britain to remain an EU member state, Muscat said in a ministerial statement that Malta can benefit in that financial services companies based in the City of London might be tempted to relocate to an EU member state.

maltaway_relocationma_malta

“This could be an opportunity for other jurisdictions,” he said. “On the other hand, the City of London can adopt different standards that will render it more attractive than European jurisdictions.”

In response to questions by PN leader Simon Busuttil, Muscat said that the government has commissioned several studies on the potential impacts – both negative and positive – of a Brexit on Malta.

Muscat said that the government is in favour of the UK remaining an EU member state for both economic and political reasons, arguing that it is currently the major counter-balance to Germany and France’s push towards a federal Europe.

“The EU requires the UK and vice-versa,” he said, while reiterating that the deal agreed at last week’s summit is not specific to the UK, but applicable to other EU countries who might find themselves in similar situations in the future.

Simon Busuttil had questioned whether the government had commissioned a study on the summit deal and a potential Brexit on the thousands of Maltese citizens currently living in the United Kingdom.

“If the British negotiated a deal at the summit that in some way diminishes social benefits rights for EU citizens working in the UK and the children, does this mean that the rights of the thousands of Maltese living in the UK will be in any way diminished?

“If the rights of the thousands of Maltese living in the UK were in any way diminished, then I’d expect the Maltese government to apply the same treatment for thousands of British living in Malta,” he added.

Muscat responded that the only benefits impacted at the summit will be in-work benefits and child benefits, and insisted that it will not in any way be related to pensions or other contributory benefits.

He added that a bilateral agreement on social security and health between Malta and the UK has been in place since 1986, and will still apply in the case of a Brexit.