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PUTTING MONEY IN A SPANISH BANK

Posted: Thu Jan 14, 2021 11:57am
11 replies770 views6 members subscribed
vincenzo80

Posts: 6

Location: Torrevieja

Joined: 28 Dec 2020

we have heard that you have to have £2,000 sterling in a spanish bank every month if we want to live there. new brexit rule. can anybody comfirm if this is true @ right and why is this the case . gracias / thank you , we currently live in the uk but are thinking of moving to spain in the near future . thanx again

tebo53

Posted: Thu Jan 14, 2021 1:50pm

tebo53

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Posts: 4776

4960 helpful points

Location: Benidorm

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Posted: Thu Jan 14, 2021 1:50pm

These are the new figures for acceptable earnings for yourself and your family:

The figures they give are ....the first applicant needs to show €25,816.32 a year plus €6,454,08 for each additional family member.

You will need to prove that you have full healthcare for yourself and your family paid for a full year. 

Steve 

vincenzo80

Posted: Thu Jan 14, 2021 2:04pm

vincenzo80

Original Poster

Posts: 6

Location: Torrevieja

Joined: 28 Dec 2020

Posted: Thu Jan 14, 2021 2:04pm

tebo53 wrote on Thu Jan 14, 2021 1:50pm:

These are the new figures for acceptable earnings for yourself and your family:

The figures they give are ....the first applicant needs to show €25,816.32 a year plus €6,454,08 for each additional family member.
Read more...

...SansRegular, Helvetica, Arial, sans-serif; font-size: 14px; background-color: #ffffff;">You will need to prove that you have full healthcare for yourself and your family paid for a full year. 

Steve 

thanx steve . wow big amount there. at least now i know cheers 

vincenzo80

Posted: Thu Jan 14, 2021 2:09pm

vincenzo80

Original Poster

Posts: 6

Location: Torrevieja

Joined: 28 Dec 2020

Posted: Thu Jan 14, 2021 2:09pm

tebo53 wrote on Thu Jan 14, 2021 1:50pm:

These are the new figures for acceptable earnings for yourself and your family:

The figures they give are ....the first applicant needs to show €25,816.32 a year plus €6,454,08 for each additional family member.
Read more...

...SansRegular, Helvetica, Arial, sans-serif; font-size: 14px; background-color: #ffffff;">You will need to prove that you have full healthcare for yourself and your family paid for a full year. 

Steve 

hi steve do u have to pay this every year or just a one of and does this amount mean for me and my wife in total ?

thanx again

tebo53

Posted: Thu Jan 14, 2021 4:17pm

tebo53

Legendary helpful member

Posts: 4776

4960 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Thu Jan 14, 2021 4:17pm

vincenzo80 wrote on Thu Jan 14, 2021 2:09pm:

hi steve do u have to pay this every year or just a one of and does this amount mean for me and my wife in total ?

thanx again

You have to prove that amount every year until you're a permanent resident after 5 years of living here legally. Amount for a couple would be around €32,000 per annum plus full healthcare. 

Steve 

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vincenzo80

Posted: Thu Jan 14, 2021 6:57pm

vincenzo80

Original Poster

Posts: 6

Location: Torrevieja

Joined: 28 Dec 2020

Posted: Thu Jan 14, 2021 6:57pm

This post that was quoted has been deleted.

thanx for the info. much appreciated  vc 

Kimmy11

Posted: Thu Jan 14, 2021 7:28pm

Kimmy11

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Posted: Thu Jan 14, 2021 7:28pm

tebo53 wrote on Thu Jan 14, 2021 4:17pm:

You have to prove that amount every year until you're a permanent resident after 5 years of living here legally. Amount for a couple would be around €32,000 per annum plus full healthcare. 

Steve 

Hi Steve,

Where does it say that a Third Country National has to prove this amount every year please?  I thought it was for the initial visa application, plus each of the 2 year visa renewals, until the TCN reaches 5 years' settled status?

Many thanks,

Kim 

janiceroquero

Posted: Fri Jan 15, 2021 6:02pm

janiceroquero

Helpful member

Posts: 762

499 helpful points

Location: Santa Pola

Joined: 21 Aug 2020

Posted: Fri Jan 15, 2021 6:02pm

vincenzo80 wrote on Thu Jan 14, 2021 11:57am:

we have heard that you have to have £2,000 sterling in a spanish bank every month if we want to live there. new brexit rule. can anybody comfirm if this is true @ right and why is this the case . gracias / thank you , we currently live in the uk but are thinking of moving to spain in the near fu...

...ture . thanx again

Suggest you ask banks, not the gossip that goes around.

Kimmy11

Posted: Fri Jan 15, 2021 7:10pm

Kimmy11

Legendary helpful member

Posts: 6869

12554 helpful points

Joined: 8 Aug 2017

Posted: Fri Jan 15, 2021 7:10pm

janiceroquero wrote on Fri Jan 15, 2021 6:02pm:

Suggest you ask banks, not the gossip that goes around.

This requirement is nothing to do with the banks, it's the amount that Spain expects of Third Country Nationals applying for a post-Brexit residency permit - it's calculated as 4 x IPREM (the multiplier for the Public Income Index).

vincenzo80

Posted: Sat Jan 16, 2021 2:27pm

vincenzo80

Original Poster

Posts: 6

Location: Torrevieja

Joined: 28 Dec 2020

Posted: Sat Jan 16, 2021 2:27pm

This post that was quoted has been deleted.

CHEERS !

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