Setting aside the effects on the UK economy, which are already
being felt with political turmoil, the fall of the pound, billions
being slashed from UK stocks worldwide and the potential break-up
of the United Kingdom itself, one little examined effect is how its
overseas dependent territories, of which Bermuda is one of the
largest, would fare in the post-Brexit world, particularly in their
relationship with the EU that the UK is leaving behind.
The most keenly felt effect on a personal level may be in
relation to individuals and their ability to live and work in
Europe. Through the right to a UK passport, Bermudians have the
right to work and to live in all European Economic Area countries
(all EU member states plus Switzerland, Norway, Iceland and
Liechtenstein), with no work permit requirement and the same rights
as nationals of those countries in pay, working conditions and
benefits. This has helped many Bermudians to pursue careers
overseas, particularly in the