Posted: Sun Jan 16, 2022 8:45pm
I think Steve might be having an off day as he's normally more exacting with his posts!
A couple of things:
"Earnings" is an unfortunate choice of wording as it suggests that income from work is acceptable but of course by its very name the NLV expressly excludes any form of work therefore you cannot put forward a salary as income.
Also the rules on income are individual to each case but in principle it needs to be from secure or reliable sources such as pensions and investments etc. although substantial savings may be included.
Somewhat bizarrely it's said that available balances on credit cards may be taken into account!
Finally the "plus" in saying "for a couple you would need €34,741.20 per annum or savings PLUS earnings to the same value" could be read to mean double €34,741.20 which of course is not the case and in any case, as already stated, earnings from work or salaries are not acceptable sources.