Do we have to have £27, 6000 savings in order to get residency?

If you move here before the end of the transition period, then you should be able to manage the financial requirements, and receiving the state retirement pension entitles you to apply for forms S1 and transfer your health cover here.

https://www.costablancaforum.com/area/mudamiento-spain-77813/residency-in-mudamiento-padron-residencia-passport-advice-23/jims-guide-the-residency-certificate-part-1-theory-103540/

https://www.costablancaforum.com/area/mudamiento-spain-77813/residency-in-mudamiento-padron-residencia-passport-advice-23/jims-guide-the-residency-certificate-part-2-practice-103541/

https://www.costablancaforum.com/area/mudamiento-spain-77813/residency-in-mudamiento-padron-residencia-passport-advice-23/jims-guide-first-time-residency-applicants-107143/

If you move here after the end of the transition period, then yes, you will have to prove an excessive income. Keep an eye on the website of the Spanish consulate in London - they should shortly be publishing the requirements for a long-term visa, which will be required before being able to move here after the end of the transition period. Bear in mind that the financial requirements are comparable to those required of EU nationals who wish to move to the UK - you can thank Boris for that.

There won't be any alleviation of the requirements for UK citizens, as the legislation published yesterday says:

Those who arrive after the end of the transitional period and who are not included in it, will be considered third-country nationals and, without prejudice to the application of a special future mobility regime, will be subject to the provisions of the general regime of foreigner.

Thank you for your prompt replies. We do feel somewhat relieved by your advice. Will keep an eye out for updates. We are hoping to arrive in September so hopefully will be ok, time wise.

I have resided in Madrid and are aware that beginning the process is paramount, the beaurocracy is legendary, but it is what it is. Thanks again.

Hi there 

We arrived here in October last year and as pensioners we had to have £7000 each in the bank that was all.

Cheers

Joan

Thank you Joan.

We have had pet passports in place for over a year, and have researched over and over to get it right.

My partner is on a flight in the next two weeks to view and sign for a rental. Then we saw that.

Our hearts sank, but thanks to you lovely people, we are on track for  our dreams coming true.M

Thank you so much.x

Thanks Grahame.

We now fit the criteria, so dreams back on track.

We have had a ten year battle with an ex wife that has left us weary, and we are so near to realising our dream.

Thought for a little while we were derailed.

Thank you all for your advice, very much appreciated.

This is the important bit:

"Those who arrive after the end of the transitional period and who are not included in it, will be considered third-country nationals and, without prejudice to the application of a special future mobility regime, will be subject to the provisions of the general regime of foreigner."

I am totally confident that there will be agreements for a special mobility regime as I just can't see Spain cutting off this income stream, especially now. The cost of living in the UK is higher than in Spain, especially for housing, so a like for like arrangement is never going to be relevant. There will be lots of threats and puffing out of chests but in the end, Spain will make it no more difficult for Brit ex-pats than it is now.

That is my prediction anyway, for what it's worth!

Thank you for your input, everyone has been so kind with their advice.

we are back on track and know we have a lot of bureaucracy to face once we arrive. We are planning to be their by September so hopefully all will be well.

the forum has been such a help n alleging our fears.

thank you.

Good luck with your move! Sounds like you guys could do with a well earned break. All the best and hope everything works out 😀

I contacted the spanish consulate in London yesterday to get an appointment for an NIE. They asked why i wanted one and when i said it was for holiday home and car purchase and to open a spanish bank account. The asked for evidence, to see a copy of the contract for the house and the car and a letter from the bank stating that an NIE was required. Have the rules changed as ive not seen this elswhere.