retirement - Page 2

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Posted: Mon Jun 21, 2021 7:45pm

Stuart257

Posts: 5

3 helpful points

Location: La Marina

Joined: 19 May 2019

Posted: Mon Jun 21, 2021 7:45pm

PaulWh123 wrote on Sun Jun 20, 2021 3:37pm:
Thank you for the very useful information my company pension will only be about 11000 per year but have plenty of savings plus a big tax free lump sum , selling my house and looking to buy a property for about £60'000 . I am also entitled to an Irish passport which will give me Euro citizen , wo...

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...uld this make things easier

It’s my understanding if you have an Irish passport you don’t need to worry about the income requirements as you are entitled to free movement as an EU citizen - although they would apply to your partner if you have ones do they don’t have an Irish or other EU passport. You still need private Health

Posted: Mon Jun 21, 2021 7:59pm

tebo53

Legendary helpful member

Posts: 4833

5033 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Mon Jun 21, 2021 7:59pm

Stuart257 wrote on Mon Jun 21, 2021 7:45pm:
It’s my understanding if you have an Irish passport you don’t need to worry about the income requirements as you are entitled to free movement as an EU citizen - although they would apply to your partner if you have ones do they don’t have an Irish or other EU passport. You still need priva...

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...te Health

Irish passport or not, if you want to apply for permanent residency in Spain you still need to meet the income and healthcare requirements.

Steve

Posted: Mon Jun 21, 2021 8:49pm

Stuart257

Posts: 5

3 helpful points

Location: La Marina

Joined: 19 May 2019

Posted: Mon Jun 21, 2021 8:49pm

tebo53 wrote on Mon Jun 21, 2021 7:59pm:
Irish passport or not, if you want to apply for permanent residency in Spain you still need to meet the income and healthcare requirements.
Steve

www.citizensinformation.ie/en/moving_country/irish_citizenship/your_right_to_irish_citizenship.html

See above link as an Irish citizen you are entitled to live, work or retire anywhere in EU there is no income restriction as far as I can see but you do still need to apply for permanent residency. The health care differs because it is dependent on the country where you previously lived and not your nationality. Someone can correct me if I’m wrong on any of this.

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Posted: Tue Jun 22, 2021 12:54pm

tebo53

Legendary helpful member

Posts: 4833

5033 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Tue Jun 22, 2021 12:54pm

Your link is mainly about being an Irish citizen. Irish citizens are allowed to free movement within the EU but permanent residency in a country is a different matter......

This is a quote from the Irish embassy in Spain:

https://www.dfa.ie/irish-embassy/spain/our-services/new-to-spain/residency-and-entry-requirements/

Changes to the residency regulations

In 2012 the Spanish government introduced new residency requirements for all EU citizens, including Irish nationals. Under the new rules, EU citizens applying for residency in Spain may be required to produce evidence of sufficient financial means to support themselves (and dependants). Applicants may also be asked for proof of private or public healthcare insurance.

Steve

Posted: Wed Jun 23, 2021 2:58pm

Terryoneone

Helpful member

Posts: 263

336 helpful points

Location: San Miguel de Salinas

Joined: 22 Sep 2019

Posted: Wed Jun 23, 2021 2:58pm

tebo53 wrote on Sat Jun 19, 2021 9:41pm:
When you apply for residency in Spain, you will need to prove you have full healthcare paid for a full year. The overseas healthcare team in Newcastle UK will only send the application form (for the S1 healthcare) to a Spanish address after you become a legal resident. Bit of a catch 22 situation...

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....
After being a legal resident for a year you can carry on with the S1 healthcare or join the Convenio especial to be in the full Spanish healthcare system but there is a monthly fee.
In Spain everyone has to make individual applications for residency and have their own healthcare cover. There might be a company that does family healthcare cover, no doubt someone will give advice.
Steve

hi,

just to add my tuppence in, i think in time the uk will come to an agreement with Spain regarding this...

it does actually work round the other way too and the uk is busy warning EU nationals to get their paperwork in order or they will be deported, 400,000 or so of them..

terry

i wonder what will happen after the EU has imploded....

Reply

Posted: Wed Jun 23, 2021 5:14pm

paulspot

Posts: 3

Location: Formentera Del Segura

Joined: 8 Apr 2017

Posted: Wed Jun 23, 2021 5:14pm

Hi we have a apartment in Formentera and find it great as a small village so friendly and safe with walks to Benimar Rojales and Benijofar but as others have said maybe rent for while so you are sure where you want to be. I can’t wait till an retired and can spend more time in the village and fabulous area

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Posted: Thu Jun 24, 2021 4:16am

Pacoboy

Helpful member

Posts: 478

317 helpful points

Location: Algorfa

Joined: 11 May 2018

Posted: Thu Jun 24, 2021 4:16am

Dont

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Posted: Thu Jun 24, 2021 4:20am

Pacoboy

Helpful member

Posts: 478

317 helpful points

Location: Algorfa

Joined: 11 May 2018

Posted: Thu Jun 24, 2021 4:20am

Valetie130751 wrote on Sun Jun 20, 2021 7:51am:
Exactly! Well said....we have been here for 3 years and still suffering for the mis information given by a solicitor in cahoots with the estate agent......the agent holds your hand and takes you to the solicitor who in turn takes you to their bank......in my opinion its all about each doing the o...

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...ther favours in some way. We are currently fighting in court for buying a property which has so many illegal problems that we are having a nightmare trying to sell it and move back to England.....wishing we had never retired to this totally corrupt country in the first place....😱

Summed up nicely