Hi there,
My wife and I are planning to retire to Spain in the non-too distant future and I just needed some help in clarifying a few points and hope someone can help.
The first thing I’d like to know is with regards proof of finances when applying for residency. I read in Jim’s guide – The Residency Certificate, that proof of sufficient funds could be acceptable if you had sufficient savings in a Bank Account. I would be taking early retirement and pension draw-down every year, but my wife would not have any income, however we would have a reasonable amount of savings in a joint Bank Account. Would this be acceptable as proof of sufficient resource and if so, how much would we need to have if we applied for residency before the end of December 2020 and what would that need to be after that date when we are out of the EU?
The second question I have is, if we wait until after the transition period, end of December 2020 and come out to Spain again in 2021 could we stay longer than the 3 months so long as we start our application for residency within the first three months of being there? So for example if we cam out in February 2021, could we start our residency application in March or April and stay there whilst it was being processed?
Thanks in advance for your help...
Baz