Hi guys im hoping to move to Spain in a few years time. I love the look of Calpe. My question is how much savings will i need to have for residency after Brexit and how much income will my hubby and i need to satisfy the Spanish authorities.
Thank you. Stay safe everyone
Hello
I dont think anyone can answer that question, we are yet to get absolute concrete information about what will be needed in Jan. 2021 when the withdrawal agreement ends. Some figures have been quoted but things are still undecided until a deal or no deal is agreed.
You say you could move in " a few years time" which is impossible to predict, so I'd say, save ,save, save, as moving from a Third Nation Country ( which the UK will be) will always be expensive. Sorry I cant offer more help...
Cheers
Elinspain
Posted: Mon Nov 16, 2020 9:48pm
elinspain wrote on Mon Nov 16, 2020 9:26pm:
Hello
I dont think anyone can answer that question, we are yet to get absolute concrete information about what will be needed in Jan. 2021 when the withdrawal agreement ends. Some figures have been quoted but things are still undecided until a deal or no deal is agreed.
Read more...
You say you could move in " a few years time" which is impossible to predict, so I'd say, save ,save, save, as moving from a Third Nation Country ( which the UK will be) will always be expensive. Sorry I cant offer more help...
Cheers
Elinspain
Thank you for replying. I understand what your saying that we cant predict what is going to happen till after Brexit . Thats exactly what im doing save save save. I hope i can still follow my dream in the future
Thank you so much . Stay safe.
Janie 20 wrote on Mon Nov 16, 2020 9:00pm:
Hi guys im hoping to move to Spain in a few years time. I love the look of Calpe. My question is how much savings will i need to have for residency after Brexit and how much income will my hubby and i need to satisfy the Spanish authorities.
Thank you. Stay safe everyone
I understand that after 1st January 2021 you will need to prove that you have an income of about €25,500 per annum or lump sum savings of €32,000 which need to be in your account for the first 5 years to gain residency.
"In a few years" who knows!!!
Steve
Posted: Tue Nov 17, 2020 1:55pm
tebo53 wrote on Tue Nov 17, 2020 9:01am:
I understand that after 1st January 2021 you will need to prove that you have an income of about €25,500 per annum or lump sum savings of €32,000 which need to be in your account for the first 5 years to gain residency.
"In a few years" who knows!!!
Read more...
Steve
Thank you Steve for replying. Hopefully it will change in a few years time. Thats alot of money to find . Im not giving up my dream yet.
Thank you
Stay safe
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