This is an image taken Monday Sept. 11, 2014 of YES and NO supporters for the Scottish Independence Referendum stand next to each other in Edinburgh.(AP Photo/ Andrew Milligan/PA) UNITED
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If Scots vote yes to separation Thursday, a clock starts ticking down to March 24, 2016 – the independence day declared by the Scottish government.The pro-independence Scottish government says Scotland would be entitled to 90 percent of Britain's oil wealth – based on divvying up the two countries' waters – but only liable for about 8 percent of its 1.3 trillion pound ($2.1 trillion) national debt, based on its share of the U.K. population.The Scottish government wants to keep it in the long term as well – as a key prop of stability amid the uncertainty independence would bring.Salmond said there is "no danger" of such border formalities, saying Scotland would become part of the passport-free Common Travel Area Britain operates with the Channel Islands and the Republic of Ireland.He says Scotland, like Britain, will be a member of the EU. Scots will be getting different passports if they opt for independence, even if they don't need them to cross the border.The Scottish government says all British citizens living in Scotland will automatically be considered Scottish citizens, as will Scotland-born Britons who live elsewhere. They will be able to apply for Scottish passports from independence day in 2016, and would be allowed to retain dual Scottish and British nationality.
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