Surge in interest from British buyers since the relaxation of post-Brexit residency rules

Claire Butler

On 20th December 2023, French MPs voted to allow British citizens with second homes in France to stay for longer periods (6 months) without needing to apply for a long-stay visa.

 

Prior to this, since Brexit, British have not been able to stay in the country for more than 90 days in any 180 day period without the hassle and expense of applying for a six-month visa. 

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In the three weeks following the decision by France’s parliament on 20th December, there was a 582% increase in British buyers making enquiries on French property on Kyero, the largest European property portal website.

New data from Kyero's data wizards has shown a significant increase in the number of British buyers house hunting in France following the country’s recent decision to relax Brexit residency rules.

In the three weeks immediately after the announcement (21st December 2023 – 10th January 2024), a 582% increase in Brits making enquiries on French properties was recorded on the site, which has over 900,000 properties for sale across Europe.

Louise Dell, Kyero Co-Founder, comments: “Significant pent-up demand has developed in the international market amongst British buyers whilst people have been awaiting news of potential changes to residency rules, and it seems that the floodgates are now opening.

“With Spain also pushing for similar changes, we anticipate that 2024 could be a significant year for international property transactions.”

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