retiring to Spain

Political parties are discussing 12.600,- p.a. for 2019. Furthermore you will need to prove adequate health cover granted by a company operating in Spain.

If you are over retirement age, health will be covered by SIP, at least until Brexit does or doesn´t happen, so you won´t need private medical insurance. I´m not entirely sure re the income, but we set up a transfer of 1,000 GBP per month to a Spanish bank account and we owned our property here outright. We also had money in a Spanish bank account to fund improvements to our house. Common sense tells me that if you own your property outright and therefore have no monthly rent to pay, then the minimum income can be less and I have found that one area can differ to the next in all manner of rules.
There are many businesses set up over here to help you sort out all the paperwork and we used getlegalinspain. Have a look at the website and drop Uma@getlegalinspain an e-mail or contact her on her facebook page. She is based in Torrevieja but will travel within the area. I don´t know how we would have managed without her, she´s a lovely Spanish lady who speaks perfect English and her rates are very reasonable.
I wish you all the best.

I believe we will be OK on income.  However inome is based on investments as well as a ridiculously small UK state pension.  Less than £550 per month.  Is capital allowed for in the calculation?  Just wondered.  Thanks.

Thanks for that, I will certainly be contacting Uma

Well Pete what can one say.  I never expected to get such fullsome information. 

However what I didn't find on health cover is for a situation that arises not too often.  I am a Brit.  Retired early in France (15 years ago)   living on capital from the sale of the house and business in the UK.  I have a "Carte Vitale" meaning I am covered for health under the French system.  I do pay top up private health insurance in France.  I will search for similar  cover in Spain when we get there.  Income is not livable on really.  Basic state pension, and about £6000 a year from PPPs.  Other income is derived from dividends from capital mainly invested in equities. These obviously can not be guaranteed. 

Q1, Can health benefits for a Brit be transferred from France.

Q2,  Can income derived from investment income be considered as "real income"  (In fact for us this is not essential information because we have adequate to comply with Section 2 proof of finances, but others might find it relevent)

Q3.  We are also a tad different because I am a Brit and my common law spouse, co owner of the property is Belgian.  So she qualifies as EU before and after Brexit.  Does this make "compliance" a lot easier.

We are taking the plunge anyway.  Whatever the regs.  I am sure we will muddle along.  We are bonkers really, between us we can do English, French, Dutch, Some Italian and German and NO SPANISH.  It's decided.  We are coming,the house is bought.  See you soon.

Rob and Gerlinde.