The required income of 2400€ pm ?

Posted: Sun Jan 19, 2020 1:34pm

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l am planning on buying a property on Costa Blanca in March and retiring there permanently (l am female 62) l am trying to understand the income required possibly 2400€ pm. Does this income have to be earned in Spain ? Or can my net income from uk (£2078 pm )be used towards the 2400€ ? l will be having a Spanish income within 2 months of moving out. (l apologise if this question has been covered already...l just cant find it) Thanks in advance.

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Posted: Sun Jan 19, 2020 2:59pm

Always Baking

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Posted: Sun Jan 19, 2020 2:59pm

Ray D Thank you for your informative reply. As l read it, it seems your last sentence contradict the first, but l'm sure l am wrong ? Thanks Paddy

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Posted: Sun Jan 19, 2020 3:15pm

Golandrina

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Posted: Sun Jan 19, 2020 3:15pm

It will probably help if you have a look at Jim’s Guides on this site.

Posted: Sun Jan 19, 2020 7:04pm

RobScot

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Posted: Sun Jan 19, 2020 7:04pm

You do not currently need to prove any income if you have had savings in a Spanish bank of €7000 for at least 3 months or €14,000 for a couple.

Posted: Mon Jan 20, 2020 12:12am

Mary1961

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Posted: Mon Jan 20, 2020 12:12am

I have an Irish passport, when I apply for residencia will my income requirement remain at 750€ per month after 1/1/21? My husband who has British passport will he be required to prove the 2500€?

Mary