Many UK citizens may lack 'sufficient income' to get EU residency

UK citizens seeking residence in an EU country must now demonstrate that they and their dependants have sufficient income not to be a burden on the state, and many popular expat investment structures do not generate ‘sufficient income', warns international financial advisory group Blevins Franks. The interpretation of what constitutes income varies from one country to another and the sum regarded as ‘sufficient' is defined differently in each state. Jason Porter, director of Blevins Franks and head of its new European Emigration Advisory Service, said: "This raises a problem for many ...