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Advice needed - do we make the move?

Posted: Fri Dec 13, 2019 12:25pm
43 replies5260 views17 members subscribed
Amanda67

Posts: 17

8 helpful points

Location: Rojales

Joined: 12 Dec 2019

Hello everyone, my name's Amanda. I have read several threads over the last few weeks and you all seem lovely people and extremely helpful. 

Myself and my hubby (mark) have made the 'mental decision' we would like to make the move to Spain. I have recently taken early ill health retirement and have a small lump sum to start with. In order to make the permanent move however we would need to sell up in the U.K.  

We have been doing loads of research on the internet, looking at different areas of Alicante (year round flights) and like the look of Pinoso, La Romana and surrounding areas. We have booked flights out for the beginning of February to have a look around the areas.

Our ideal location/property would be a finca/villa but within walking distance to a Town with amenities.

Our main concern, before we take the plunge, is how much money we would need to be able to live on on a monthly basis. I have a small monthly pension of approx £750.  Would this be able to sustain both of us in the event my husband cannot find work? (he is an electrician).

I take a fair amount of medication (although I'm sure the warmth and healthy living would enable me to knock some on the head!).  We also have 2 dogs (vets?). Trying to factor in all types of expenses. 

We would very much like to integrate with the Spanish people and their way of life but, as we're only just starting to learn the language, we'd like the reassurance of English speaking neighbours in the vicinity also. 

Anyway, so sorry for the epic, but it would be really great to hear from anyone who can share their advice/experience of already making the move. At the moment we're going round in circles not knowing who to ask for anything.

All comments would be greatly appreciated.

Kind regards, Amanda

killjoy

Posted: Fri Dec 13, 2019 3:01pm

killjoy

Super helpful member

Posts: 3232

1849 helpful points

Location: Orihuela Costa

Joined: 4 Nov 2017

Posted: Fri Dec 13, 2019 3:01pm

Perhaps my own experiences can help you in making a decision. I came in 1964 w/o a word of Spanish with my VW Bus and just let things happen. The advantage to be independent and mobile was a tremendous help. Rather than enjoying the beach(es) I stressed on seting up my life and find a place and a good job in the new surrounding. After 2 years everything was set, and here I am with no intention of ever leaving.

Amanda67

Posted: Fri Dec 13, 2019 3:19pm

Amanda67

Original Poster

Posts: 17

8 helpful points

Location: Rojales

Joined: 12 Dec 2019

Posted: Fri Dec 13, 2019 3:19pm

Thank you killjoy for such a lovely reply 💕

jimtaylor

Posted: Fri Dec 13, 2019 3:31pm

jimtaylor

Legendary helpful member

Posts: 5612

8738 helpful points

Location: Mudamiento

Joined: 2 Feb 2017

Posted: Fri Dec 13, 2019 3:31pm

Hi Amanda, I sincerely hope you make a go of it, but you must take the practicalities into consideration. To become resident, you need to prove an income of ~€700 each per month, and you'd need private health insurances covering pre-existing conditions. After any Brexit transition period, the income requirement will be much higher. The alternative is to have a job on a contract and be paying into the social security system.

Amanda67

Posted: Fri Dec 13, 2019 3:49pm

Amanda67

Original Poster

Posts: 17

8 helpful points

Location: Rojales

Joined: 12 Dec 2019

Posted: Fri Dec 13, 2019 3:49pm

Thanks Jim. That’s really helped. I didn’t realise you needed to prove a specific income. Whilst I’ve got an income (my pension) my hubby won’t have. Would savings/money in the bank be sufficient to cover this aspect for him? X

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jimtaylor

Posted: Fri Dec 13, 2019 4:22pm

jimtaylor

Legendary helpful member

Posts: 5612

8738 helpful points

Location: Mudamiento

Joined: 2 Feb 2017

Posted: Fri Dec 13, 2019 4:22pm

In theory, yes, but some national police stations where you apply for residency seem to make up their own rules.

As you weren't aware of the requirements, I suggest you look at my guides, especially those regarding residency pre and post Brexit:

Jim's guides - your complete guide to Spain


Amanda67

Posted: Fri Dec 13, 2019 4:29pm

Amanda67

Original Poster

Posts: 17

8 helpful points

Location: Rojales

Joined: 12 Dec 2019

Posted: Fri Dec 13, 2019 4:29pm

Thank you Jim. I will take a look now xx

Jimmyone

Posted: Fri Dec 13, 2019 5:20pm

Posts: 82

40 helpful points

Location: Cocentaina

Joined: 16 Nov 2019

Posted: Fri Dec 13, 2019 5:20pm

Hi Amanda,

I'm sort of in the same boat as you.

I think, following the election result, we have got to hang fire on a major financial decisions regarding buying in Spain.

When we leave the EU, we affectively become Third  Country status.

Which will mean we will need to prove an annual income of €25000 per year. !!!

Some people on the forum are saying Spain will negotiate a deal with Britain,

But would they be willing to gamble their life savings at the moment.?

My advice to you is keep in touch with this forum, you will get lots of advice, both positive and negative.

I would imagine we should be a little wiser in three months,

Jim

Amanda67

Posted: Fri Dec 13, 2019 7:23pm

Amanda67

Original Poster

Posts: 17

8 helpful points

Location: Rojales

Joined: 12 Dec 2019

Posted: Fri Dec 13, 2019 7:23pm

Thank you Jim. I’ll definitely keep my eyes on the site. Everyone is so helpful and informative  

🤞🏠☀️

Jacks

Posted: Sat Dec 14, 2019 9:30pm

Posts: 51

19 helpful points

Location: Calp / Calpe

Joined: 13 Jul 2018

Posted: Sat Dec 14, 2019 9:30pm

Hello

Sadly as a non EU citizen when we come out of Brexit, you will have to prove a monthly income of £2400 for the first person, then £500 for the next and so on. This is already in place for non EU citizens. This has been confirmed to ne by the CAB in Spain. Its ruined our plans to move there.

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