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Post Departure Criteria

Posted: Wed May 6, 2020 9:17pm
8 replies239 views6 members subscribed
SPJ

SPJ

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Joined: 7 Jan 2020

Forgive me if I have missed this or do not know where the ongoing conversation is but is there anything in the pipeline as regards the financial requirements for us to successfully become residents post Dec. 31st when we become, "And anyone else," or other than Europeans?

craig245t

Posted: Wed May 6, 2020 10:25pm

craig245t

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Posted: Wed May 6, 2020 10:25pm

Check out Jim's guides which can be found in the menu at the top left of the screen.

As Jim says in the guide - pour a stiff drink before reading the financial requirements for non EU citizens 😭

Or use this link

SPJ

Posted: Thu May 7, 2020 12:33am

SPJ

Original Poster

Posts: 12

4 helpful points

Location: Gandia

Joined: 7 Jan 2020

Posted: Thu May 7, 2020 12:33am

craig245t wrote on Wed May 6, 2020 10:25pm:

Check out Jim's guides which can be found in the menu at the top left of the screen.

As Jim says in the guide - pour a stiff drink before reading the financial requirements for non EU citizens 😭

Or use this link

Thanks Craig. I have now read it and have some questions as a result. Very, very helpful though.

RayD

Posted: Thu May 7, 2020 10:28am

RayD

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Posted: Thu May 7, 2020 10:28am

We are still waiting to see if the Spanish government will give some concessions to those who are already residents as EU citizens. For a hard brexit last year, we were offered an exchange of residencia years towards the TIE and also not having to qualify for the higher income.

It's also nor clear if our S1 healthcare will continue past 31st December as the UK government haven't come to any agreement about citizens rights outside of the WA.

But, obviously Covid-19 has taken priority and we will just have to wait and see.

jimtaylor

Posted: Thu May 7, 2020 4:08pm

jimtaylor

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Posted: Thu May 7, 2020 4:08pm

There's definitely no information emerging about the post transition period financial requirements, or about continuity of health cover.

I doubt the EU as an entity would relax the financial requirements, because they are broadly similar to those required by the UK.

One thing I note is that Spain do have financial requirements in place for non-EU pensioners wishing to move to Spain, but that's not reciprocated by the UK. Perhaps Boris recognises that nobody in their right mind would want to retire to the UK, or alternatively he might simply want to keep them out.

All we can hope for is that Spain, wanting to maintain the influx of pensioners spending money and paying taxes here, might relax the requirements for UK citizens, but that's just a hope at the moment.

SPJ

Posted: Thu May 7, 2020 4:31pm

SPJ

Original Poster

Posts: 12

4 helpful points

Location: Gandia

Joined: 7 Jan 2020

Posted: Thu May 7, 2020 4:31pm

jimtaylor wrote on Thu May 7, 2020 4:08pm:

There's definitely no information emerging about the post transition period financial requirements, or about continuity of health cover.

I doubt the EU as an entity would relax the financial requirements, because they are broadly similar to those required by the UK.

One thing I note is that Spain do have financial requirements in place for non-EU pensioners wishing to move to Spain, but that's not reciprocated by the UK. Perhaps Boris recognises that nobody in their right mind would want to retire to the UK, or alternatively he might simply want to keep them out.

All we can hope for is that Spain, wanting to maintain the influx of pensioners spending money and paying taxes here, might relax the requirements for UK citizens, but that's just a hope at the moment.

Quite so Jim. Thank you. My question having read the suggested text - I may as well ask it here as anywhere - is that is it a belief rather than a fact that the 4 x figure + the figure (without reverting to the text I can't recal the figures title) for in my case, my wife, is only required for the first years application period rather than for say five years? Then, assuming one has to prove that available funding for one year is that figure (something in the order of €36,000 or thereabouts as I recal) to finance accomm, the required health care cover premium and general living costs? If I understand it correctly, during this first year when one is granted residency hopefully what is/are the criteria thereafter? Our plan would be to commit to buying a place in Spain as our home during this first year when one is granted residency, retaining a place in the U.K. as an asset and small income on top of my tea

SPJ

Posted: Thu May 7, 2020 4:36pm

SPJ

Original Poster

Posts: 12

4 helpful points

Location: Gandia

Joined: 7 Jan 2020

Posted: Thu May 7, 2020 4:36pm

SPJ wrote on Thu May 7, 2020 4:31pm:

Quite so Jim. Thank you. My question having read the suggested text - I may as well ask it here as anywhere - is that is it a belief rather than a fact that the 4 x figure + the figure (without reverting to the text I can't recal the figures title) for in my case, my wife, is only required for th...

...e first years application period rather than for say five years? Then, assuming one has to prove that available funding for one year is that figure (something in the order of €36,000 or thereabouts as I recal) to finance accomm, the required health care cover premium and general living costs? If I understand it correctly, during this first year when one is granted residency hopefully what is/are the criteria thereafter? Our plan would be to commit to buying a place in Spain as our home during this first year when one is granted residency, retaining a place in the U.K. as an asset and small income on top of my tea

teachers and basic state pension but would I still require to have access to the €36,000 or whatever yearly when I own my Spanish home, an asset and income producing property in the UK and my pensions. Come the time we would inevitably sell the UK asset to ensure always being able to finance good health insurance while spending the last year's in Spain. 

jimtaylor

Posted: Thu May 7, 2020 4:42pm

jimtaylor

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Posted: Thu May 7, 2020 4:42pm

SPJ wrote on Thu May 7, 2020 4:31pm:

Quite so Jim. Thank you. My question having read the suggested text - I may as well ask it here as anywhere - is that is it a belief rather than a fact that the 4 x figure + the figure (without reverting to the text I can't recal the figures title) for in my case, my wife, is only required for th...

...e first years application period rather than for say five years? Then, assuming one has to prove that available funding for one year is that figure (something in the order of €36,000 or thereabouts as I recal) to finance accomm, the required health care cover premium and general living costs? If I understand it correctly, during this first year when one is granted residency hopefully what is/are the criteria thereafter? Our plan would be to commit to buying a place in Spain as our home during this first year when one is granted residency, retaining a place in the U.K. as an asset and small income on top of my tea

If there isn't relief from applying non-EU citizen rules, then look at:

Jim's Guide - Post-Brexit entry visa requirements to take up residency in Spain

That guide needs updating, but there's no point in my doing so until the post transition period residency requirements have been cast in stone.

RayD

Posted: Thu May 7, 2020 4:56pm

RayD

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Posted: Thu May 7, 2020 4:56pm

SPJ wrote on Thu May 7, 2020 4:31pm:

Quite so Jim. Thank you. My question having read the suggested text - I may as well ask it here as anywhere - is that is it a belief rather than a fact that the 4 x figure + the figure (without reverting to the text I can't recal the figures title) for in my case, my wife, is only required for th...

...e first years application period rather than for say five years? Then, assuming one has to prove that available funding for one year is that figure (something in the order of €36,000 or thereabouts as I recal) to finance accomm, the required health care cover premium and general living costs? If I understand it correctly, during this first year when one is granted residency hopefully what is/are the criteria thereafter? Our plan would be to commit to buying a place in Spain as our home during this first year when one is granted residency, retaining a place in the U.K. as an asset and small income on top of my tea

You need to demonstrate a 4 x IPREM figure per month, or 5 x IPREM for two of you, in order to get your TIE as a third country national. 

IPREM is currently 537,84 so 4 x is 2.151,36€ per month or
5 x is 2.689,20€ per month

There isn't any means test after you obtain residency so, if you could live on less, as most of us do, you can earn as little or as much as you need.

This website tells you what IPREM is

http://www.iprem.com.es/2020.html

This tells you how much income you need on the gobierno website, although a couple of years out of date

http://www.exteriores.gob.es/Consulados/LOSANGELES/es/InformacionParaExtranjeros/Documents/Copia%20de%20Tabla%20medios%20econ%c3%b3micos%20a%c3%b1o%202017.pdf

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