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Residencia La Florida/ Playa Flamenca

Posted: Sat Aug 1, 2020 6:44am
3 replies113 views4 members subscribed
Paulh63

Posts: 64

13 helpful points

Location: Torrevieja

Joined: 22 Jun 2020

Hi again. As I’m awake (it’s 5.30 am here in the UK), I thought I’d give you more information regarding residencia. I spoke to my gestor re residencia (specifically about the amount of income one would need or the lump sum in the bank). She at first said the more of both the better as this would guarantee residencia but she said 9000 euros as the lump sum should guarantee you getting residencia. As regards the monthly income she wasn’t certain. My problem is that there are no rules that are applied with regards to the amounts for lump sum and monthly income so it is subjective and therefore the residencia decision is based on what one or two bureaucrats in Alicante decide on what is “sufficient monthly income” or a “sufficient lump sum” in the bank. Obviously, if you were to come to Spain to live permanently and sold your house/s in England then this wouldn’t be a problem but we are renting our house in England to Partly pay for our life in Spain. I will phone her on Monday as I’ve been told that her company dealt with a couple in Torrevieja who started a residencia application in Alicante last week. I’ll keep you posted. I I hope this helps. Paul

Cheryl

Posted: Sat Aug 1, 2020 7:55am

Cheryl

Super helpful member

Posts: 1899

1948 helpful points

Location: Albatera

Joined: 8 Jun 2017

Posted: Sat Aug 1, 2020 7:55am

Although there are basic guidelines, as everyone's finances and situations will be different so there is room for different circumstances to be taken into account.
If a couple come over with 9k to their names and €750 coming in each month but their rent is €1k a month and due to pre-existing conditions their private medical insurance is €1500 p.a each, or more, there will come a time when they will struggle.
As you have a house in the UK then this will be considered an asset and will be taken into account.
If it goes anything like our application, you will be in and out within 10 minutes.
It doesn't sound as if your gestor is particularly experienced with residency applications though. When we went through the process our gestor knew there would be no doubt that we would get Residency and took the worry away for us. When we walked in to Orihuela police station we had no worries at all, it's what we paid a gestor for, not to keep us worrying  throughout.

RayD

Posted: Sat Aug 1, 2020 1:45pm

RayD

Legendary helpful member

Posts: 7440

6436 helpful points

Location: Catral

Joined: 6 Jan 2016

Posted: Sat Aug 1, 2020 1:45pm

Just be grateful you aren't applying for a means tested benefit in the UK!

The actual amount has never been specified in Spain but is down to the individual assessor to see if you have adequate means to support yourself as a resident in Spain.

The figure has varied and shifted up a bit in the last few months but, with applications now being for a TIE in Alicante, you will be seeing agents who are reading from the same guidance.

Until now, a fixed figure in the bank hasn't always been acceptable and a regular monthly income has been required. This was around 750€, but lately has increased to 900€.

I don't think that any gestor is in a position to specify actual figures as the system is so new but, to be on the safe side, 900€+ into a Spanish bank for 3 months should be adequate. An extra savings amount of 9.000€ will be the icing on the cake but, unless someone has recently gained a TIE with a savings amount only, I wouldn't bank on it.

Don't forget that brits applying for residency now are being given a waiver on the 2.400€ per month fixed TIE requirement of 4 x IPREM and are being allowed the EU residency figure, which is assessed at the point of application.

As you aren't in Spain at the moment, you aren't in a position to apply for residency as it's presencial, so I would start transferring regular monthly amounts if I were you, ready for when you are here permanently.

It should be noted that residency is designed for people who are permanently resident in Spain and the rules are geared towards them. For a TIE temporal you are allowed up to 6 months outside of Spain, and financial residence is a must and, for a TIE permanente you are only allowed 10 months out of Spain in 5 years.

A TIE is not the same as an EU residencia and what Spain has done is to allow brits who live in Spain before brexit to inherit a TIE under the Withdrawal Agreement, without having to go through the more stringent financial and police check steps. Obviously from 1st Jan 2021 this will change and brits will have to fully comply with all the TIE requirements.

Paulh63

Posted: Sat Aug 1, 2020 3:05pm

Paulh63

Original Poster

Posts: 64

13 helpful points

Location: Torrevieja

Joined: 22 Jun 2020

Posted: Sat Aug 1, 2020 3:05pm

RayD wrote on Sat Aug 1, 2020 1:45pm:

Just be grateful you aren't applying for a means tested benefit in the UK!

The actual amount has never been specified in Spain but is down to the individual assessor to see if you have adequate means to support yourself as a resident in Spain.

The figure has varied and shifted up a bit in the last few months but, with applications now being for a TIE in Alicante, you will be seeing agents who are reading from the same guidance.

Until now, a fixed figure in the bank hasn't always been acceptable and a regular monthly income has been required. This was around 750€, but lately has increased to 900€.

I don't think that any gestor is in a position to specify actual figures as the system is so new but, to be on the safe side, 900€+ into a Spanish bank for 3 months should be adequate. An extra savings amount of 9.000€ will be the icing on the cake but, unless someone has recently gained a TIE with a savings amount only, I wouldn't bank on it.

Don't forget that brits applying for residency now are being given a waiver on the 2.400€ per month fixed TIE requirement of 4 x IPREM and are being allowed the EU residency figure, which is assessed at the point of application.

As you aren't in Spain at the moment, you aren't in a position to apply for residency as it's presencial, so I would start transferring regular monthly amounts if I were you, ready for when you are here permanently.

It should be noted that residency is designed for people who are permanently resident in Spain and the rules are geared towards them. For a TIE temporal you are allowed up to 6 months outside of Spain, and financial residence is a must and, for a TIE permanente you are only allowed 10 months out of Spain in 5 years.

A TIE is not the same as an EU residencia and what Spain has done is to allow brits who live in Spain before brexit to inherit a TIE under the Withdrawal Agreement, without having to go through the more stringent financial and police check steps. Obviously from 1st Jan 2021 this will change and brits will have to fully comply with all the TIE requirements.

Hi Ray. Thanks for your email. Regards. Paul

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