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Would i be able to live on £20.000 plus my pension. - Page 2

John56

Posted: Wed Feb 6, 2019 10:38am

John56

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Location: La Zenia

Joined: 7 Jul 2016

Posted: Wed Feb 6, 2019 10:38am

beckies wrote on Tue Feb 5, 2019 11:31pm:

I came to Spain 6 years ago and only had my reduced state pension to live on. I also had enough to buy a 2 bed bungalow so no rent.I managed to live on £ 412 a month, very basic indeed,but for a year I survived on that.I now work in England for a few months a year too! This money means I can now...

... enjoy my life in Spain.The Spainish government were fine with just my reduced pension going into my Spanish bank on a regular monthly basis.I only brought the rest of my money over a year later.So just set up a regular transfer weekly or monthly into your Spanish account and all will be well! 

Great to read your experience, it shows that if you are not extravagant you can enjoy life in Spain on a reduced budget, we are not yet State Pension age but are Resident here living on relatively small Private Pensions and have never regretted the move for one moment.

beckies

Posted: Wed Feb 6, 2019 11:35pm

Posts: 95

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Joined: 23 Apr 2017

Posted: Wed Feb 6, 2019 11:35pm

Glad I helped! Enjoy!!

Dixiedean66

Posted: Thu Feb 7, 2019 5:31pm

Posts: 173

37 helpful points

Location: Santa Pola

Joined: 26 Dec 2016

Posted: Thu Feb 7, 2019 5:31pm

Hi jayne,  yes I'm sure you coula live very well on that seeing as you say your not an extravagant person me and my wife live in santa pola and just have our pension to live on and not extravagant at all but haveven a good life😊 enjoy 

Mike n angela😊

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Willy

Posted: Fri Feb 8, 2019 7:58am

Willy

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Joined: 26 Feb 2018

Posted: Fri Feb 8, 2019 7:58am

If you can live on it in the UK you can definitely live on it here!

beckies

Posted: Fri Feb 8, 2019 11:07am

Posts: 95

15 helpful points

Joined: 23 Apr 2017

Posted: Fri Feb 8, 2019 11:07am

That's for sure! Much more expensive in the UK! There are fresh food and clothes markets every week in every town, where you can pick up a fully bag of delicious fruit and veg for €20! And it's much more fun than the super markets.

Movingon

Posted: Mon Feb 11, 2019 7:15am

Movingon

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Posts: 1857

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Location: Albatera

Joined: 7 Feb 2018

Posted: Mon Feb 11, 2019 7:15am

Assuming a Brexit deal is struck I think you'll be hoping for a substantial dollop of luck to scrape in residencia on £20k in the bank and a reduced UK pension.

In the event of no deal UK nationals wishing to live in Spain will very likely become subject to the same visa, self sufficiency, and health care rules, applicable to other non EU would be immigrants and those are hugely more demanding. 

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