With so many rumors about possible problems in terms of traveling after the UK withdrawal from the UE, we want to bring in some clarity into these questions:
- Will EU and non-EU citizens face more difficulties entering the UK?
- How will euro to pound and dollar to pound exchange rates change?
Will other citizens face more difficulties entering the UK?
At the moment, EU citizens are permitted to enter the UK using a national ID card. However, the Home Office reportedly planned a passport requirement. So, no visa regime is supposed to be arranged for travellers from the European Union, but they may have to apply for a passport.
As for citizens outside the EU, it is still not clear enough if Brexit leads to any new limitations and formal procedures concerning their visit to the UK. There is not enough information to answer this question.
How will conversion rates change?
UK official currency has been fluctuating in respond to each Brexit move. Some experts predict USD rise against GBP, and pound being pushed lower down. Well, as of April 15, the pound sterling was muted against two other major currencies – dollar and euro – and found itself worth 1.158 EUR, and 1.310 USD. In case of the most negative Brexit scenario – if GBP falls 25% against USD – the pound’s fall will be “compensated” by increased food product prices.