Form SE1 Residencia

I think you're taking about an S1 not SE1 and that is the form that your oh as a pensioner is entitled to which confirms that UK are covering the cost of his health care - and by extension - yours too although he must request a second S1 for you.

Hello thank you

I’m not sure what’s meant by the uk providing healthcover as we will be taking out private cover for Spain as we have been advised for Residencia. I am below pension age. 

Thanks Denise 

I don't normally reply to a topic if Ray gets to it before I do (thanks for saving me time, Ray!), but in this case I will.

I'd just make a couple of observations.

You don't have to wait three months before applying for residency, and can if you wish do so immediately you take up residence in Spain.

Less than a month ago a law was issued fixing the 'salario mínimo interprofesional' for 2019 at €900 pm, and this represented a 22% increase on that for 2018. The 'IPREM' figures which determine how much income a residency applicant has to prove are derived from this figure so, when the IPREM is revised, the financial requirements will become even more stringent than they are at present. Fortunately the IPREM is normally only revised in June or July.

Thank you for this information.  We just scrape in on this but my allowance is from a uk salary not a pension 

Hi thank you so much for taking the time to reply. I’ll solicitor is Spanish but it’s not easy to get a reply from him. He gave us a list of things we need but one of them was private healthcare. Despite my husbands age!!  He advised we could cancel it after taking out as we’re not going to use it straight away our intention is not to move to Spain till next year but to get everything in place. Since found out that you have to pay for 12 months in full or it won’t be accepted because they then expect that you might cancel it. So I am beginning to have my doubts about this chap but we purchased the house through him and he has power-of-attorney et cetera and he is the only Spanish person locally that we know that we can get in touch with. I am concerned also because it has been suggested that we now need to prove €900 a month coming in for Income. We have below this unless we take into account rental income in the UK and also my salary which is a UK salary and of course I won’t be earning this if I live

Thank you I will get on to this much appreciated Denise 

Thank you so much.  I am only 50? Does this change anything ? Denise 

Hello Denise, I,ve read you post with interest as we too (both pensioners with holiday home for 12yrs) have been unsure whether we should be applying for residencia to allow us to holiday for more than 90days in 180days as per new rules after Brexit. However as we have 2 houses here in UK(1 rented out so rent is an income for residency) and our own home which needs a refubish prior to selling pevents us at this time. If you have a property to sell in UK and go to live in Spain you will be subject to Capital gains tax the year after on the sale, especially as you will have residencia, so all your assets including rent from UK, pensions etc will be taxed. I discovered there were too many disadvantages to having residencia now( driving, home insurances, taxes, Nhs- if you get your S1,s for residencia, you no longer are a UK recipient ie. not being able to stay on your Doctors list( you will get emergency service in UK as a Spanish resident, but not the everyday service you have now. What we discovered made us put off applying even though the rules of requirements are lower now. At this time, especially now with the uncertainty of Brexit either being delayed or even never happening, I would advise you to put off getting residency until we know more. Also if you are selling a property, timing is essential. Tax year in Spain is Jan to Dec, including a part of, so ensure your sale is not in the same year you start living permanent in Spain. Your solicitor should have told you your rental income if it continues whilst living in Spain is counted as income, but salary obviously not, but private pensions are.The fact he told you about private healthcare at your hubb,ys age is also disgraceful, he should have told you to get the SI. You dont need an expensive solicitor to do a residencia, a gestor (accountant, much cheaper) is a better alternative if you want assistance for peace of mind.

Hope this gives you food for thought

Pauline.

Pauline, I have to disagree, unless I've misunderstood you. All sources of income have to be declared in Spain, including salaries. Some income, such as a pension from a government pension, is only taxable in the UK, but still has to be declared here and can affect the rate at which tax is calculated on other income.

And to clarify, capital gains tax, if due, is charged in the country in which the property is situated.