Luxembourg will next week voted on legislation which makes provisions in the event of a no-deal Brexit Pexels

Luxembourg will next week voted on legislation which makes provisions in the event of a no-deal Brexit Pexels

Bill 7421 protects the rights of British nationals receiving the social inclusion income, or Revis, or income for the severely disabled, if the British parliament does not ratify the withdrawal agreement between the EU and UK before the scheduled departure date of 29 March. A vote on the bill is expected in parliament next week, along with a host of others related to a no-deal Brexit.

Residency rights

Bill 7412 allows British nationals to stay in Luxembourg with the same rights as an EU citizen for a transitional period of one year after the date of withdrawal. British nationals resident for five or more years, however, may apply for permanent residency.

In the event of an agreement is ratified, the provisions of the withdrawal agreement will be applied to British nationals.

On finance

Bill 7401 gives the CSSF and the Commissariat aux Assurances the possibility to treat British companies and institutions which have existing relations with counterparties in Luxembourg as being of “Community origin” for a maximum period of 21 months, from the date of the United Kingdom's withdrawal from the European Union.

It concerns the more than 1,800 British investment firms providing services in Luxembourg.

At the same time, British companies would have 6 months to communicate on their future: they could either apply for licences in the Grand Duchy or in another EU-27 country, or stop the freedom to provide services in Luxembourg.

Brits in civil service

In the event of a no-deal Brexit, British nationals may still be hired as Luxembourg State employees if Bill 7406 is passed. Currently, some 45 British nationals work in the education ministry. In the event of a withdrawal agreement, British nationals will be able to continue to enjoy the same rights as EU citizens (during the one-year transition phase).

Higher education

Bill 7409 guarantees the recognition of professional qualifications for certain professions in the event of a no-deal Brexit. If passed, it ensures the qualifications of students studying in specific professions in the UK, which were obtained after the withdrawal, will be automatically recognised.

These professions include: basic medicine, medical specialist, general practitioner, nurse, dentist, dental specialist, dental specialist, veterinary doctor, midwife, pharmacist and architect.

Ambassador assurances

At an information event organised by the British embassy in Luxembourg on Wednesday, British ambassador to Luxemburg John Marshall sought to reassure Britons living in the Grand Duchy. “Although we don’t know if we will leave with or without a deal, what we do know is that there will be no ‘cliff edge’ for British nationals living in Luxembourg,” he said.