So, my wife, daughter 8to, son 6to and I are considering leaving our reasonably well paid jobs to move to Spain. This has obviously brought up a number of questions. Firstly, we have a budget of around 130 thousand pounds. On top of this, we have a rental income of around 400 pounds each month. We want to buy a cheap house to move into 30-40 thousand and then use some of the rest to purchase one or 2 others to rent out to supplement our income. I am a maths teacher in the uk and plan to continue tutoring online.
My questions are....
Does this sound like a reasonable plan. (A broad question I know, but are we wide if the mark thinking we could survive initially.)
Residency after Brexit. I believe if you are in Spain by December 31st 2020, you have the right to stay and after 5 years claim residency. Does this sound correct?
We would only be able to land in Spain on December 26th, so is this too late to register your arrival?
Would it be better to rent before buying?
What I'd the schooling like in Almeria?
I know this is a lot of questions, but we can not carry on the way we are living in the UK. I barely see the children and the chance of a new life for them is one we feel we want to pursue.
Thank you in advance for any advice given.
Grant and Rachel