Davebev1 wrote on Tue Jan 26, 2021 12:11pm:
Firstly, have you ever looked at the income levels demand for most immigrants to the UK? They are far higher than national average wage. Second, why would you wish for the the Spanish property market to drop to zero and cause financial ruin for millions? Not nice, and a very vin...
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...dictive and thoughtless comment. Third, SOME people do have an excellent retirement income, not the majority I agree, or they may qualify with the capital reserves they have, so making a sweeping statement about retirees not being able to move to Spain isn't accurate - it will affect many but not all.
Brits have used their FoM for many years, it seems many having done so without appreciating that it is one of the privileges of EU/SM membership. Blame those who voted to change the status of Brits and the UK government for deciding to leave the SM, not Spain, for the change in status and move to becoming a TCN. It is a big disappointment for many. Maybe Spain will review this in the future but on the other hand they may not see any need to make a special case for Brits, why should they? Personally I think Spain will court the other SM countries more to compensate for the loss of Brits , after all, most of Spain is not dependent on British retirees to fund the local economy so the only real losses will be felt in the Brit 'colonies' where the locals chose not to integrate after emigrating.
Yes s&u will be begging the Brits to come in the summer as we are the biggest contributors to your economy so I have €30,000 in savings a £200,000 house with no mortgage €700 a month in rental income from my house and about €12,000 to start me in my first year and this is not good enough to move to Spain it may be because you want to get rid of all the crap and try and move to a middle-class economy which you are far from and a lot of foreign nationals in England claim on the national health service to support them and I do hope that the housing market crashes to teach your government a lesson that people who would like to buy property there now cannot because of this silly demands