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Residency financial qualification
Posted: Thu Nov 26, 2020 8:28pm
Hi, just received padron certificate but need to confirm financial requirements before applying for residency. One person and/two married one retired
Posted: Sun Nov 29, 2020 12:03am
Legendary helpful member
Hi Locknut,
First-time applicants need to prove:
Eu 462 per month paid into a Spanish bank account, for a minimum of 3 months, OR a lump sum of Eu 5,540 per person
For a couple, it's:
Eu 785 per month, or a lump sum of Eu 9,416
You also need to prove that you have adequate health cover. If one of you is retired, you can get an S1 from the UK to transfer funding for your healthcare to Spain and the spouse can also have Spanish healthcare as a dependant. If you're not entitled to an S1, you would need private health insurance.
Kind regards,
Kim
Kimmy11 wrote on Sun Nov 29, 2020 12:03am:
Hi Locknut,
First-time applicants need to prove:
Read more...
Eu 462 per month paid into a Spanish bank account, for a minimum of 3 months, OR a lump sum of Eu 5,540 per person
For a couple, it's:
Eu 785 per month, or a lump sum of Eu 9,416
You also need to prove that you have adequate health cover. If one of you is retired, you can get an S1 from the UK to transfer funding for your healthcare to Spain and the spouse can also have Spanish healthcare as a dependant. If you're not entitled to an S1, you would need private health insurance.
Kind regards,
Kim
Cheers thanks for advice
Posted: Thu Dec 10, 2020 4:41pm
Helpful member
Could you please inform me of the OFFICIAL link to this financial requirement as in Orihuela Costa, they simply refuse to even look at any application where you have less than 7000 Euro PER APPLICANT on your Spanish account, AND prove that over the last 3 months have shopped, paid bills etc etc. This is IRRESPECTIVE of any steady income ( we have over 2500 Euro income per month), they are simply not interested in that. All of this is to apply for Residencia as EU citizens.
Posted: Thu Dec 10, 2020 7:01pm
Legendary helpful member
Hi Trotter,
On a separate thread that Mandarino has started, he's confirmed that he's an EU citizen, but not British.
Kind regards,
Kim
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