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Residence in Spain

Posted: Wed Dec 16, 2020 6:46pm
4 replies228 views3 members subscribed
Mort

Posts: 41

1 helpful points

Location: Torrevieja

Joined: 9 Mar 2020

Hi do i have to be in Spain to register for residency I have a Solictor that I have used a few times as had a property there for over twenty years I know I have left it late but there has been so much uncertainty with COVID 19 and now Brexit thanks for your help Morton

elinspain

Posted: Wed Dec 16, 2020 6:59pm

elinspain

Legendary helpful member

Posts: 3247

4132 helpful points

Location: La Mata

Joined: 4 May 2018

Posted: Wed Dec 16, 2020 6:59pm

Hello

Yes Mort,

You have to live here in Spain to qualify for residencia(TIE) & you have to be able to prove that,  by being registered  on the Town Hall Padron, also have an active spanish bank account (verified by the bank), have a regular income  paid into your bank account & depending on your age either have an S1 from the UK  to allow you to register for spanish healthcare, or one year comprehensive private health insurance. The whole process takes several months to accomplish.

After the end of the Withdrawal Agreement on 31/12/20 the financial requirements will increase considerably so you will need to check again if you  are living here & appyling after that time.

Cheers

Elinspain

Mort

Posted: Wed Dec 16, 2020 9:45pm

Mort

Original Poster

Posts: 41

1 helpful points

Location: Torrevieja

Joined: 9 Mar 2020

Posted: Wed Dec 16, 2020 9:45pm

elinspain wrote on Wed Dec 16, 2020 6:59pm:

Hello

Yes Mort,

You have to live here in Spain to qualify for residencia(TIE) & you have to be able to prove that,  by being registered  on the Town Hall Padron, also have an active spanish bank account (verified by the bank), have a regular income  paid into your bank account & depending on your age either have an S1 from the UK  to allow you to register for spanish healthcare, or one year comprehensive private health insurance. The whole process takes several months to accomplish.

After the end of the Withdrawal Agreement on 31/12/20 the financial requirements will increase considerably so you will need to check again if you  are living here & appyling after that time.

Cheers

Elinspain

Hi thanks very much most hel

CharlieFarmer

Posted: Thu Dec 17, 2020 6:41am

CharlieFarmer

Helpful member

Posts: 123

164 helpful points

Location: Catral

Joined: 4 Nov 2020

Posted: Thu Dec 17, 2020 6:41am

"proof of sufficient funds" may be higher than present"

Now there's a gross understatement!

From Jan 1st a couple will have to show either €32, 270 or €37,595 cash in the bank or have a guaranteed annual income of at least the same, practically that means pensions as nothing else is guaranteed.

And that will have to be repeated for each of the 5 years it will take for them to attain permanent residency.

Nominally an income in that region  will give rise to a tax bill of around €6,000 pa.


Mort

Posted: Thu Dec 17, 2020 9:04am

Mort

Original Poster

Posts: 41

1 helpful points

Location: Torrevieja

Joined: 9 Mar 2020

Posted: Thu Dec 17, 2020 9:04am

CharlieFarmer wrote on Thu Dec 17, 2020 6:41am:

"proof of sufficient funds" may be higher than present"

Now there's a gross understatement!

From Jan 1st a couple will have to show either €32, 270 or €37,595 cash in the bank or have a guaranteed annual income of at least the same, practically that means pensions as nothing else is guaranteed.

And that will have to be repeated for each of the 5 years it will take for them to attain permanent residency.

Nominally an income in that region  will give rise to a tax bill of around €6,000 pa.


Thanky

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