UK residents who own a second home in the European Union will have the time they can spend there in a given period halved, as Brexit comes into effect at the end of the year.

Under present freedom of movement rules, UK nationals can spend up to 180 days in their second country without become tax residents. As of 31 December, this will be halved to 90 days in any 180-day period.

Jason Porter, a director at expat financial advisory firm Blevins Franks, said as members of a “third state” to the EU, Britons exceeding the 90-day threshold will need to apply for residency and become liable to local tax laws.

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