On December 24 local time, UK Prime Minister Johnson announced that the United Kingdom has completed Brexit and will achieve full political and economic independence starting January 1 next year.
After 9 months of negotiations, the United Kingdom and the European Union have finally reached the finish line, ending the long journey of Brexit that began in 2016 and lasted 1645 days. Prime Minister Johnson raised his hands in excitement, celebrating the greatest achievement of his political career.
Johnson stated that the United Kingdom and the European Union have reached a trade agreement, allowing the UK to regain control over money, borders, laws, trade, and fishing waters; at the same time, this agreement ensures that the UK is not bound by EU rules.
Rights of UK and EU Citizens: Visa-Free Travel, Distinction Between Work and Residency!
With the agreement on Brexit, there are no tariffs or fishing quotas between the UK and the EU, which benefits both parties. Additionally, travel remains visa-free; however, individuals can no longer freely settle and work in each other's territories. To settle or work, one must apply for immigration or work visas.
This means that in the future, EU citizens wishing to work and settle in the UK will need to apply for UK immigration; UK citizens wishing to work and settle in EU countries will need to apply for immigration to those EU countries. Particularly for countries like Portugal and Cyprus, which are popular long-term residence destinations for UK retirees, UK citizens will have to apply for long-term residency rights in these countries.
Currently, the UK government website has also announced: starting January 1, 2021, EU citizens entering the UK for tourism or short stays (with no specified duration) can enter visa-free with an EU passport, but cannot use an ID card for entry. EU citizens wishing to live, work, or study in the UK will need to apply for the corresponding visa.
Additionally, EU citizens who have already been living in the UK can continue to apply for UK residency rights until June 30, 2021, to continue enjoying welfare benefits in the UK.
The United Kingdom, as a significant WorldWay entity, economic power, and financial center, is the sixth-largest economy in the world and one of the wealthiest, most developed, and highest living standards countries. Furthermore, the UK is also one of the countries with the best education globally, making it a highly sought-after immigration destination for many individuals. Previously, UK immigration was only targeted at investors from non-EU countries; now, EU citizens must also apply for UK immigration, which means that the number of applications for UK immigration will significantly increase in the future! For investors wishing to immigrate to the UK, it is advisable to plan early, as early applications will yield early benefits!
Currently, the UK Overseas Business Representative Visa, which has a low investment cost and a fast approval speed of up to 5 working days, is a low-threshold and quick pathway to immigrate to the UK! There is no specific investment amount requirement, and one application can cover the whole family to immigrate to the UK, with children enjoying free public education in the UK, making it quite popular among investors!
Meanwhile, investors can quickly obtain UK residency through the UK Investor Immigration Tier 1 visa, which is also one of the simpler and more straightforward immigration methods in the UK investment immigration projects, making it highly popular!
For details on the UK immigration project, please consult the Worldway service hotline: Mainland China: 400-138-2929 Hong Kong: (852)2802 8798.
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