Moving to Spain full time (have or not regrets)

Rea007 wrote on Sat Apr 22, 2023 5:54pm:

Hello everyone we have been to benidorm 3 times loved it and decided to live in benidorm for 3 months full time to see if we like it ONCE these 3 months have passed we will not be able to afford to keep/pay bills (mortgage will b paid) on our  UK house and caravan site fees has anyone sold u...

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...p in UK after doing a short stay in Spain and regretted it? Then not be able to afford to buy the same kind of family home/ house their originally bought in UK?

😊 thanks

GrahamLynn wrote on Sat Apr 22, 2023 6:43pm:

I think rather than ask those questions you  first need to work out if it is actually feasible for you to move permanently to Spain.

If you are a UK passport holder you will need to apply for a non lucrative visa to obtain your residencia. As long as you meet the criteria you can then start thinking about living your dream....

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Although you’ve had holidays here, have you been at different times of the year?  Spain in Jan/Feb is a completely different world to your sun, sea and sangria holidays.  Use your 90/180 days wisely to visit at different times of the year.
But yes thousands of people sell their properties  and make a permanent move and you’ll find properties are generally cheaper here..

Take time to find the right property and the ideal location. Taxes are horrendous on buying and  selling and Spanish red tape is  shall I say “challenging “

Lynn

PAul1670 wrote on Sat Apr 22, 2023 6:38pm:

I think the first thing to do is find out if you qualify financially for living in Spain full time.

Also look at what monies you will have left if you do sell and look at properties in the UK which you would be able to purchase, obviously prices change but the forecast is for them to come down in price?...

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Could you not rent your UK property for 3 months on a short lease until you decide where you want to be.

Hope it helps a bit

DUI wrote on Sat Apr 22, 2023 7:22pm:

Make sure you qualify for a visa to live here first.I sold up in the UK 6 years ago and have lived here full time since.It was the best move for me and I love it.No regrets.The UK was home but since I became an immigrant here I have told my wife there are no circumstances that would make me move ...

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...back.Bold statement!

tebo53 wrote on Sat Apr 22, 2023 6:37pm:

We sold everything we had before we moved to Benidorm 9 years ago and have never regretted a day, we both love it here.

As a backup when we sold our house in the UK we put the house sale money in the bank and didn't spend any just in case we didn't settle here. (It's still there in our account)

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It's very, very different living here full time compared to holiday mode. Everyday chores bring you back to earth!!!

We still need to clean, weekly shopping, paying bill etc, etc

Generally, full time resident Expats don't go out drinking every day or watch shows until the early hours. It can be very hard to make a living here if you need to work. I wouldn't recommend that. 

However, there are many good points, beach, sun, slower lifestyle and cheaper living. 

If you have specific questions about Benidorm please ask.

Steve 

EDIT: Don't forget that you will need some sort of visa to be able to move to Benidorm full time. You will need to prove income and healthcare requirements. 

Steve 

Rea007 wrote on Sat Apr 22, 2023 9:06pm:

Hi thanks for reply yes done all our homework re visa and enough money yes know re chores etc etc we are looking to retire not work don't u need to show how much savings you have to spanish government? Meaning this money needs to be put in spanish bank account? Didn't know u could leave your savi...

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...ngs in UK bank ?