NLV applications

Other forum members will no doubt answer your questions but you don't want to sell your UK house in the same year in which you become tax resident in Spain. The UK doesn't charge Capital Gains Tax for the sale of your main home but Spain does. Generally you don't want to move to Spain and get your TIE in the first half of the year. If you move in the second half of the year you don't become tax resident until 1st January the following year.
There is another current thread about the banker's draft and transferring the lump sum to your Spanish bank which has some relevant info for you.

Also there is a lot more information in the tabs along the top of the page, such as "Spain, tips and guides" and various services advertised down the right hand side.

Good luck with everything.

A couple of websites that may be of help are:

Citizens Advice Bureau Spain for bureaucratic stuff, and

N332 for anything to do with driving in Spain.

Firstly welcome and good luck with the NLV Application.  the previous comment is correct be cautious over your selling UK property and Moving to Spain to avoid the Spanish charging you Capital Gains on your UK house Sale.

AS for the NLV I advise you once you start the process it is time-limited for Application, in other words documents have a life-span of 3 months, it is quite complex and a logistical struggle to get all your documents into a submission pack within the 3 month time-limit.  Check with your NHS doctor if they will sign the Medical declaration, if yes ensure they are registered with the Apostille office in the UK.  If they are not your document will be returned without Apostille stamp.  Do not get it stamped by a Notary first it is not required, and only submit the English Version for Apostile stamp

As to the Funds ensure your financial package only covers the amount required as proof of self-support.  DO NOT give them financial documents of such large sums of money at this stage, if you do the Spanish will know what you have and tax you accordingly when you become a tax -resident.  Sort your financials out when in Spain via a tax advisor.

For the NLV you do not need to demonstrate where the funds are coming from to purchase a property in Spain, that comes later via the Banks when you make the Transactions for Purchase.

The Spanish authorities apart from Tax office are not concerns with the value of your pension pot, they want proof of what income you get from it each month, The Financials demonstrated for the vISA application can be made up of Savings, income, etc, it has to be 27K for Main Applicant and 7K for Dependent, i.e total 33K - 34K per annum.

I can via Private message give you names of a good Spanish Lawyer that can help at very reasonable rate and a Spanish Document Translator (approved by Spanish Authorities).  If you require further assistance or guidance do not hesitate to Private message me, I can help make your Application painless as possible.

If you are a UK passport holder and want to live in Spain permanently you will need to apply for a non lucrative visa from the Spanish consulate while you are still living in the UK. You can apply for the NLV from the Spanish consulate in London, Manchester or Edinburgh. You will need to meet with the income and healthcare requirements. The income requirements for a couple would be around €34,000 per annum and you will need to prove that you have private healthcare paid for a full year. 

The income would be proven income from pensions, private and UK retirement income. Some areas might accept a lower income along with a large bank balance. Income requirements will be checked at years 2 and 4 which will need to be the required income amount otherwise the visa will become void. 

If you gain the visa you can then move to Spain and apply for residency within the first 90 days otherwise the visa will become void. 

I recommend that you rent a residence for the first year before you decide to purchase a property. 

How to apply for a Non-Lucrative visa (NLV)

Good luck with your application. 

Steve 

Funds can be a mix of pension, income and cash in bank.  Assets (shares, property or investment capital),  don't in themselves count but income from assets do (rental received, guaranteed interest or annuity etc). 

As previously mentioned, due to time constraints on the NLV application you may prefer to sell your UK home before your application is processed, no CGT. The moment you move to Spain the UK home ceases to be your main place of residence so you will be liable to CGT in UK as a non-resident, and if a tax resident in Spain that year too there may be extra CGT payable in Spain too - dual taxation agreement means tax already paid in one country will be taken into account in the other.  Getting the timing right could make thousands of pounds difference.