Jim Taylor can you help ? - Brexit and the EU: living, holidaying and moving to Calp / Calpe - Calp / Calpe forum - Costa Blanca forum in the Alicante province of Spain
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Jim Taylor can you help ?

Posted: Wed Oct 16, 2019 8:56pm
15 replies969 views9 members subscribed
Jacks

Posts: 51

19 helpful points

Location: Calp / Calpe

Joined: 13 Jul 2018

Hello Jim

Can you help me with the issue of being a 3rd country national and having to prove an income of €2400.00 per person per month after we come out the EU ? RayD has been very helpful, but I wondered what you know about it.  I have read a document, but it seems to only relate to those already in Spain. If  this is correct then our dream of moving over is shattered.  Thanks 

Jacks

Posted: Thu Oct 17, 2019 9:33am

Jacks

Original Poster

Posts: 51

19 helpful points

Location: Calp / Calpe

Joined: 13 Jul 2018

Posted: Thu Oct 17, 2019 9:33am

Thanks Jim 👍

dinnerout

Posted: Thu Oct 17, 2019 12:49pm

dinnerout

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Posted: Thu Oct 17, 2019 12:49pm

Jacks wrote on Thu Oct 17, 2019 9:33am:

Thanks Jim 👍

Jim will correct me if I'm wrong, but here's my take on it...

If you live in Spain before Brexit and have Residencia before Brexit you will not have to prove income a second time. You will simply apply to change from a Residencia card to a TIE card.

However, if you want to live legally in Spain after Brexit you will be required to meet the non EU citizens criteria for income which is currently approx 2400 euros per month.

My personal view is that this high bar on income will deter many Brits from even considering buying property here for retirement etc as they could never meet the income criteria and I'm not sure the Spanish authorities will want to see that scenario, so my hunch is that there may in time be some sort of relaxation on it. As i say, this is purely a personal hunch and not based on anything factual. 

Meantime my understanding is that lot of Brits are selling up, the question is will the supply of empty properties be taken up by EU citizens?

Steve

jimtaylor

Posted: Thu Oct 17, 2019 1:50pm

jimtaylor

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Posted: Thu Oct 17, 2019 1:50pm

I agree Steve, those of us already resident should hopefully have an easy transfer to TIEs - but it depends on what the national police require. It also of course depends on the agreement reached between the negotiating teams being approved by both the EU and UK.

I obviously want to know more about the agreement, ideally from the legal text when that's available.

With the UK being out of the EU, I can't really see the present law being altered for just one country, but one never knows. Perhaps the EU itself will impose favourable conditions on all member states.

It's the usual hurry up and wait.

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dinnerout

Posted: Thu Oct 17, 2019 4:24pm

dinnerout

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Posted: Thu Oct 17, 2019 4:24pm

This post that was quoted has been deleted.

Yes, I understand that.

Regards,

Steve

Lancelot

Posted: Thu Oct 17, 2019 10:14pm

Lancelot

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Joined: 24 Jun 2019

Posted: Thu Oct 17, 2019 10:14pm

dinnerout wrote on Thu Oct 17, 2019 12:49pm:

Jim will correct me if I'm wrong, but here's my take on it...

If you live in Spain before Brexit and have Residencia before Brexit you will not have to prove income a second time. You will simply apply to change from a Residencia card to a TIE card.

However, if you want to live legally in Spain after Brexit you will be required to meet the non EU citizens criteria for income which is currently approx 2400 euros per month.

My personal view is that this high bar on income will deter many Brits from even considering buying property here for retirement etc as they could never meet the income criteria and I'm not sure the Spanish authorities will want to see that scenario, so my hunch is that there may in time be some sort of relaxation on it. As i say, this is purely a personal hunch and not based on anything factual. 

Meantime my understanding is that lot of Brits are selling up, the question is will the supply of empty properties be taken up by EU citizens?

Steve

I know it's not the question being asked but I can't help but reflect on how many Spanish would meet the criteria to live in Spain.

Also it would be interesting to see the numbers around the originating country for non EU residents in Spain.

That aside, I know some will say the UK participation in the Spanish housing market is less important than it was in the past but there are hotspots where Brits are attracted to and make up the lionshare of foreign buyers.

If we see a rush to sell, against a backdrop of the risk of flooding and 90 day limits for non residents, it's easy to see how the market could be affected - is it inconceivable to imagine the Spanish might come to some sort of bi lateral agreement with the UK government?

I appreciate if it does it won't be for some significant time and perhaps too late to protect house prices. The simple reality is that many of the UK pensioners buying into certain regions simply won't be able to under the post brexit fiscal rules.

Interesting times ahead.

Lancelot

Posted: Fri Oct 18, 2019 9:40am

Lancelot

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Posted: Fri Oct 18, 2019 9:40am

This post that was quoted has been deleted.

Morning - given the nature of the OP it was only the final group "those who apply after Brexit" that I was really referring to, alongside the other observations I made.

Lancelot

Posted: Fri Oct 18, 2019 10:24am

Lancelot

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Posted: Fri Oct 18, 2019 10:24am

This post that was quoted has been deleted.

It's okay to observe and report Ray nothing hypocritical about that.

Open your mind and let it roam free on occasion you will be stronger for it.

I respect whatever the Spanish govt puts into law - though consideration can be hypothesised over the outcome this has.

Relax a little.

Lancelot

Posted: Fri Oct 18, 2019 1:46pm

Lancelot

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Posted: Fri Oct 18, 2019 1:46pm

This post that was quoted has been deleted.

I agree a quick change in state would be for the best.

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