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Albertto

Posted: Fri Oct 25, 2019 10:18am

Albertto

Original Poster

Posts: 80

5 helpful points

Location: Albir

Joined: 14 Aug 2019

Posted: Fri Oct 25, 2019 10:18am

Hi

I have searched  and just  cannot  find this mentioned  anywhere, I even asked  a Spanish  estate  agent  who  said, oh that's a myth that's sprung  up!

If anyone  has a link to these  figures on the official  page, I would  be grateful!

Albertto

Posted: Fri Oct 25, 2019 10:18am

Albertto

Original Poster

Posts: 80

5 helpful points

Location: Albir

Joined: 14 Aug 2019

Posted: Fri Oct 25, 2019 10:18am

Hi

I have searched  and just  cannot  find this mentioned  anywhere, I even asked  a Spanish  estate  agent  who  said, oh that's a myth that's sprung  up!

If anyone  has a link to these  figures on the official  page, I would  be grateful!

Tracey65

Posted: Fri Oct 25, 2019 10:45am

Posts: 6

1 helpful points

Location: Albir

Joined: 13 Feb 2019

Posted: Fri Oct 25, 2019 10:45am

If you mean what income you need as a non EU, I would check out Citizens Advice Spain - they have loads of links on their website 

It is much higher than an EU citizen but if we have a transition period next year, I understand you can apply for residency with the lower amounts. 

Albertto

Posted: Fri Oct 25, 2019 10:55am

Albertto

Original Poster

Posts: 80

5 helpful points

Location: Albir

Joined: 14 Aug 2019

Posted: Fri Oct 25, 2019 10:55am

Sorry  Tracey  yes a lot  of talk  about  non EU applicants  need upto  €3000 per month,  yet couldn't  find  it officially  anywhere 

Tracey65

Posted: Fri Oct 25, 2019 11:04am

Posts: 6

1 helpful points

Location: Albir

Joined: 13 Feb 2019

Posted: Fri Oct 25, 2019 11:04am

Here's the link https://www.citizensadvice.org.es/faq/minimum-resources-residency-applications/

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Albertto

Posted: Fri Oct 25, 2019 11:48am

Albertto

Original Poster

Posts: 80

5 helpful points

Location: Albir

Joined: 14 Aug 2019

Posted: Fri Oct 25, 2019 11:48am

Wow thanks Tracey,  yes it appears  to be correct!!

Another  post on  here with people worrying they won't  be able  to live the dream,  sadly  looks true  as well 

Resources for Non EU Citizens:

400% IPREM in 2018 amounts to 2.151,36 Euros a month, 25.816,32 euros annually, for individual applicant.

100% IPREM for every additional family member, amounting to 537,84 Euros a month, 6.454,03 annually.

😪😪😪😪

Jacks

Posted: Fri Oct 25, 2019 4:10pm

Posts: 51

19 helpful points

Location: Calp / Calpe

Joined: 13 Jul 2018

Posted: Fri Oct 25, 2019 4:10pm

Oh it's definitely official

Albertto

Posted: Fri Oct 25, 2019 4:31pm

Albertto

Original Poster

Posts: 80

5 helpful points

Location: Albir

Joined: 14 Aug 2019

Posted: Fri Oct 25, 2019 4:31pm

But I'm wondering  IF you bought and had a NIE before  Brexit actually kicks In ,(whenever  )and moved over between Brexit  and the deadline they set in 2020 could  residency  and the EU level of incoming still apply?

Estate  agents  are very positive, as you'd  expect, even lawyers,  but its us not  them who may end up up the  creek!

Albertto

Posted: Tue Nov 12, 2019 9:11pm

Albertto

Original Poster

Posts: 80

5 helpful points

Location: Albir

Joined: 14 Aug 2019

Posted: Tue Nov 12, 2019 9:11pm

Well its back on!

We have put down a deposit on a apt, have given P.O.A to a recommended lawyer ( a scary thing to do I know ) saw a notary at home

who has sent all our docs off and the NIE is in the pipeline through the lawyer.

Ducks are being lined up right now...!

A question please ,when you pay your final payment on the purchase of the property face to face,did you all use bankers drafts,from a spanish account or bank transfers from a exchange broker or some other form of payment?

AND... IF you had given POA was it easy to cancel after the process of buying was complete?

thanks

Tracey65

Posted: Tue Nov 12, 2019 9:42pm

Posts: 6

1 helpful points

Location: Albir

Joined: 13 Feb 2019

Posted: Tue Nov 12, 2019 9:42pm

We did a banker’s draft. I was just wary of bank transfers. The bank reduced the fee for the draft as we took out their home insurance 

we used World First to transfer Sterling to our Spanish bank account. 

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