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Thinking of early retirement to villamartin in 2021
How much money does a couple need going into there bank account monthly thanks in advance for any help
Posted: Wed Mar 4, 2020 3:46pm
Legendary helpful member
Latest reports at present are €900 per month, or a bank balance of €7000, per person, maintained for at least three months.
After the end of the transition period, it all depends on what the Brexit joint committee decide. The best case scenario is that the above requirement will continue. The worst case scenario is ~€2400 per month.
Posted: Wed Mar 4, 2020 4:20pm
jimtaylor wrote on Wed Mar 4, 2020 3:46pm:
Latest reports at present are €900 per month, or a bank balance of €7000, per person, maintained for at least three months.
After the end of the transition period, it all depends on what the Brexit joint committee decide. The best case scenario is that the above requirement will continue. The worst case scenario is ~€2400 per month....
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Thank you I thought I had read €2400 a month hope not
Posted: Wed Mar 4, 2020 4:27pm
Legendary helpful member
Mcvmm21 wrote on Wed Mar 4, 2020 4:20pm:
Thank you I thought I had read €2400 a month hope not
That could still happen. It all depends on what the joint committee agree, which will have to be a reciprocal agreement, so it really boils down to what Boris is willing to accept from EU citizens.
Posted: Wed Mar 4, 2020 5:47pm
This post that was quoted has been deleted.
Thank you
So I would be better trying to do it before jan 2021
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€2400 is just for the first person is it not with €700 or so for the second?
Posted: Wed Mar 4, 2020 9:28pm
Movingon wrote on Wed Mar 4, 2020 8:51pm:
€2400 is just for the first person is it not with €700 or so for the second?
That's worse than I thought could you have a bank account in the uk with savings and set up a direct debit for that amount each month to be sent to a spanish bank account
Posted: Thu Mar 5, 2020 11:11am
This post that was quoted has been deleted.
Than you
Posted: Thu Mar 5, 2020 8:10pm
Helpful member
This post that was quoted has been deleted.
The Government are offering all EU nationals currently in the the right to apply for settled status. So it’s not quite true that they are being treated as third party nationals. So hopefully the Spanish government will recipr
Posted: Thu Mar 5, 2020 8:40pm
Rustyruss67 wrote on Thu Mar 5, 2020 8:10pm:
The Government are offering all EU nationals currently in the the right to apply for settled status. So it’s not quite true that they are being treated as third party nationals. So hopefully the Spanish government will recipr
Thank you
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