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Wanting to move out there.

Posted: Fri Jan 10, 2020 9:50pm
4 replies304 views7 members subscribed
Alan3

Posts: 2

Location: Benijofar

1 helpful posts

I'm wanting this year to move out to Benijofar, but waiting for Brexit to sort itself out so as a Brit i know where i stand.

Villas

Villas

Super helpful member

Fri Jan 10, 2020 10:34pm

Posts: 1903

Location: Sax

1077 helpful posts

Posted: Fri Jan 10, 2020 10:34pm

Alan3 wrote on Fri Jan 10, 2020 9:50pm:

I'm wanting this year to move out to Benijofar, but waiting for Brexit to sort itself out so as a Brit i know where i stand.

Do it this year.........or?...... wait ´til 2021......or (think? 2023) or what I thought, back all those years ago..... 2025). Who says?.... but take a chance, and/or someone else will.

V

jimtaylor

jimtaylor

Legendary helpful member

Sat Jan 11, 2020 5:59am

Posts: 4667

Location: Mudamiento

6294 helpful posts

Posted: Sat Jan 11, 2020 5:59am

I can understand you wanting to wait until Brexit is sorted, but if you don't get residency here before the end of a Brexit transition period, then you'll have to prove an income of about €2400 per month before you'd be allowed a visa to move here.

Kelvin1960

Kelvin1960

Helpful member

Sat Jan 11, 2020 10:23am

Posts: 395

415 helpful posts

Posted: Sat Jan 11, 2020 10:23am

jimtaylor wrote on Sat Jan 11, 2020 5:59am:

I can understand you wanting to wait until Brexit is sorted, but if you don't get residency here before the end of a Brexit transition period, then you'll have to prove an income of about €2400 per month before you'd be allowed a visa to move here.

As per a recent thread on this forum, there are (at least) two downside financial risks to committing to a move before Brexit is resolved  ...

- it has not yet been agreed that the UK will continue to reimburse the Spanish NHS for healthcare provided to Brits after December this year. If this agreement is not made, you need to budget for an extra 2000 Euros per person per year for Convenio Especial costs (in effect, to pay into the Spanish NHS) at age 66 or above. Below the age of 66, the cost is (I believe) nearer to 800 Euros per person per year. 

- Brits in receipt of UK state pensions who are legally Resident overseas in non-EU countries currently do NOT receive annual inflation-related pension increases. It is not yet clear if, after Brexit, Brits legally Resident in the EU will receive the increases. At a (conservative) increase of 2% per year, this would reduce the buying power of your state pension by around 25% over 10 years (regardless of exchange rate fluctuations).

Alan3

Alan3

Original Poster

Sat Jan 11, 2020 4:56pm

Posts: 2

Location: Benijofar

1 helpful posts

Posted: Sat Jan 11, 2020 4:56pm

Not a clue what u were trying to say here.

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