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cathejoh wrote on Wed Oct 14, 2020 3:23pm:
Having to have a income fo around 27k??
Loads of info about this has been available for some time. Same as existing third country requirem
Posted: Wed Oct 14, 2020 3:57pm
Super helpful member
"cathejoh wrote on Wed Oct 14, 2020 3:23pm:
Having to have a income fo around 27k??"
OK, well that's because the UK.gov site does not deal with what the income requirements are for residence applications made in other countries. Similarly Spain does not tell anyone what the income requirements are for anyone wanting to live in the UK. [It's about the same level, I think].
The key thing to note is that the minimum income requirement required of third country nationals is set by Spain on the Moncloa (govt) website here in Spain.
Chris
all the britex campaigners do gooders are happy with them selves now or mucking it up for all the new dreams that they have now shattered to retire to Spain
thank god we have our residencia and we are not retirement age and we do pay about 350 euros a month to be self employed although part time
i have talked about this before to some people BUT they like us have all the paperwork in situ
but dont care about other peoples dreams
thats not as they say British IS IT
Posted: Wed Oct 14, 2020 6:21pm
Helpful member
So the financial requirements have all bar quadrupled, every Spanish person and establishment is going to clam up and if you can't communicate on any level it's going to be tough shit ?? Like everything else I believe there will be negotiated ways around problems. I've looked through most of the quotes/posts and havent for example even noticed any comments about health cover and any reciprocal agreements or not. To my mind unless you either earned a somewhat whopper of a wage/salary back in the UK to qualify for £27.000 worth of pension, following on from Brexit and into 2021 and beyond is there going to be a two tier system of UK ex pat haves and have nots?, I voted to leave and have lived happily in Spain for getting on for 4 years, am in the Spanish healthcare system, and other things and have no intent nor desire to return to the UK. Forced or otherwise !. If all this is actually true then the Spanish economy may well just continue to decline with not being able to survive the drop in tourism. Drop/collapse in house/villa sales and the possibly huge financial contribution made by ex-pats in the hospitality sector. in general, notwithstanding the hardship and suffering already being endured in places like Benidorm.
Posted: Wed Oct 14, 2020 6:38pm
As regards the 27k per year . I do not think there will be many people get that amount per year . My solicitor stated what I earn per year in pension is good enough to get residencia.
Brexit is a tragedy . Not being funny but I cannot understand why anyone living in spain voted for it ? Turkeys and Christmas come to mind . Health insurance is around 800 euro per year per person. I bet you any money people aren’t made to have it in the UK , especially if they do not work and are retired early. Nothing good at all will come from Brexit . If you can name one thing , I’d be very interested to know what it is .
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Posted: Wed Oct 14, 2020 6:46pm
Legendary helpful member
chevyrecycler34 wrote on Wed Oct 14, 2020 6:21pm:
So the financial requirements have all bar quadrupled, every Spanish person and establishment is going to clam up and if you can't communicate on any level it's going to be tough shit ?? Like everything else I believe there will be negotiated ways around problems. I've looked through most of the ...
Read more...
...quotes/posts and havent for example even noticed any comments about health cover and any reciprocal agreements or not. To my mind unless you either earned a somewhat whopper of a wage/salary back in the UK to qualify for £27.000 worth of pension, following on from Brexit and into 2021 and beyond is there going to be a two tier system of UK ex pat haves and have nots?, I voted to leave and have lived happily in Spain for getting on for 4 years, am in the Spanish healthcare system, and other things and have no intent nor desire to return to the UK. Forced or otherwise !. If all this is actually true then the Spanish economy may well just continue to decline with not being able to survive the drop in tourism. Drop/collapse in house/villa sales and the possibly huge financial contribution made by ex-pats in the hospitality sector. in general, notwithstanding the hardship and suffering already being endured in places like Benidorm.
It's a fallacy to think the Brits carry Spain. They don't. To answer a question about healthcare though, anyone arriving after 1/1/21 does not get reciprocal healthcare; the S1 form is good up until that date, after that ...... nope, Private healthcare will be required. Private Healthcare from a Spanish company ... so money into the economy there.
There is unlikely to be any drop in tourism - It's important not to confuse Permanent residence with tourism. British expats coming out to live in Spain is not what carries the Tourism sector - it's tourists and tourism will continue, (and in any event there are plenty of retirees from other countries to offset any lack of Brit pension income). That aside, as other posters have demonstrated, the Brit expat coming to live in Spain post 31/12 is by necessity going to have a larger disposable income, so no, I don't expect the end of Freedom of Movement for British Nationals is going to make much of an impact on Spain's economy. There are those who suggest otherwise and dream of the day Spain buckles to this economic pressure and makes "special arrangements" for the British. That's a pipe dream, it will not happen. Quite apart from the fact Spain would have a hell of a job justifying to other Third Country Nations why this insignificant little Island is getting special treatment ..... have you ever seen the rows of empty shops in various towns?
This is the result of a peculiar Spanish ideal of holding out for the rent they want and not taking less .... the shop may have been empty for 3 or 4 years, and the landlord wants 800€ per month. You'll say, "tell you what, I'll give you 600€ a month and sign a contract for two years". The answer will invariably be "NO! I want 800€"
They would rather let the property stand empty than accept less than what they want. This is not just supposition, this is also backed up by a friend of mine who is an estate agent - the attitude drives her crazy!!
So what's the point of this observation? well if you think this Latin pride will allow the government to be bullied into making "special arrangements" for British Nationals, think again. It simply won't happen. And for those of you living here rubbing your hands with glee saying "then the Spanish economy will collapse, that'll show them" ... two things 1) You live here - you'd be caught in the fallout of that and 2) most importantly ... no it won't. British Expats, those LIVING here, will likely remain living here and the new ones that will come across will have a much higher disposable income .... so, yes, Spain is going to be just fine.
Posted: Wed Oct 14, 2020 7:13pm
Helpful member
DarioMartin wrote on Wed Oct 14, 2020 6:46pm:
It's a fallacy to think the Brits carry Spain. They don't. To answer a question about healthcare though, anyone arriving after 1/1/21 does not get reciprocal healthcare; the S1 form is good up until that date, after that ...... nope, Private healthcare will be required. Private ...
Read more...
...Healthcare from a Spanish company ... so money into the economy there.
There is unlikely to be any drop in tourism - It's important not to confuse Permanent residence with tourism. British expats coming out to live in Spain is not what carries the Tourism sector - it's tourists and tourism will continue, (and in any event there are plenty of retirees from other countries to offset any lack of Brit pension income). That aside, as other posters have demonstrated, the Brit expat coming to live in Spain post 31/12 is by necessity going to have a larger disposable income, so no, I don't expect the end of Freedom of Movement for British Nationals is going to make much of an impact on Spain's economy. There are those who suggest otherwise and dream of the day Spain buckles to this economic pressure and makes "special arrangements" for the British. That's a pipe dream, it will not happen. Quite apart from the fact Spain would have a hell of a job justifying to other Third Country Nations why this insignificant little Island is getting special treatment ..... have you ever seen the rows of empty shops in various towns?
This is the result of a peculiar Spanish ideal of holding out for the rent they want and not taking less .... the shop may have been empty for 3 or 4 years, and the landlord wants 800€ per month. You'll say, "tell you what, I'll give you 600€ a month and sign a contract for two years". The answer will invariably be "NO! I want 800€"
They would rather let the property stand empty than accept less than what they want. This is not just supposition, this is also backed up by a friend of mine who is an estate agent - the attitude drives her crazy!!
So what's the point of this observation? well if you think this Latin pride will allow the government to be bullied into making "special arrangements" for British Nationals, think again. It simply won't happen. And for those of you living here rubbing your hands with glee saying "then the Spanish economy will collapse, that'll show them" ... two things 1) You live here - you'd be caught in the fallout of that and 2) most importantly ... no it won't. British Expats, those LIVING here, will likely remain living here and the new ones that will come across will have a much higher disposable income .... so, yes, Spain is going to be just fine.
Greece is proposing to offer ten years free of income tax to those who move there to retire - whether they will get this past the EU rules I don't know, there has been some indignant reaction. The Greeks consider the foreign capital to buy and income transferred to be spent in their country will be useful I suppose.
Posted: Wed Oct 14, 2020 7:31pm
Lmj18 wrote on Wed Oct 14, 2020 3:53pm:
Loads of info about this has been available for some time. Same as existing third country requirem
My solicitor and residency advisor must be wrong then ?
Posted: Wed Oct 14, 2020 7:36pm
DarioMartin wrote on Wed Oct 14, 2020 6:46pm:
It's a fallacy to think the Brits carry Spain. They don't. To answer a question about healthcare though, anyone arriving after 1/1/21 does not get reciprocal healthcare; the S1 form is good up until that date, after that ...... nope, Private healthcare will be required. Private ...
Read more...
...Healthcare from a Spanish company ... so money into the economy there.
There is unlikely to be any drop in tourism - It's important not to confuse Permanent residence with tourism. British expats coming out to live in Spain is not what carries the Tourism sector - it's tourists and tourism will continue, (and in any event there are plenty of retirees from other countries to offset any lack of Brit pension income). That aside, as other posters have demonstrated, the Brit expat coming to live in Spain post 31/12 is by necessity going to have a larger disposable income, so no, I don't expect the end of Freedom of Movement for British Nationals is going to make much of an impact on Spain's economy. There are those who suggest otherwise and dream of the day Spain buckles to this economic pressure and makes "special arrangements" for the British. That's a pipe dream, it will not happen. Quite apart from the fact Spain would have a hell of a job justifying to other Third Country Nations why this insignificant little Island is getting special treatment ..... have you ever seen the rows of empty shops in various towns?
This is the result of a peculiar Spanish ideal of holding out for the rent they want and not taking less .... the shop may have been empty for 3 or 4 years, and the landlord wants 800€ per month. You'll say, "tell you what, I'll give you 600€ a month and sign a contract for two years". The answer will invariably be "NO! I want 800€"
They would rather let the property stand empty than accept less than what they want. This is not just supposition, this is also backed up by a friend of mine who is an estate agent - the attitude drives her crazy!!
So what's the point of this observation? well if you think this Latin pride will allow the government to be bullied into making "special arrangements" for British Nationals, think again. It simply won't happen. And for those of you living here rubbing your hands with glee saying "then the Spanish economy will collapse, that'll show them" ... two things 1) You live here - you'd be caught in the fallout of that and 2) most importantly ... no it won't. British Expats, those LIVING here, will likely remain living here and the new ones that will come across will have a much higher disposable income .... so, yes, Spain is going to be just fine.
Many thanks for the advice . We are more than self sufficient, having worked all our lives , we have decent pensions and savings . We don’t need the hand outs . Wouldn’t expect any either .
Posted: Wed Oct 14, 2020 7:48pm
Helpful member
I wasn't suggesting the brits carry Spain, places like Benidorm are victims in all kinds of garbage that limits travel and the like, nor was I glorifying in the fact we've been here under the old financial requirements '
re pension income is it acceptable to now or shortly need to have had a wage/salary that enables one to earn a £27.000 per year pension just to be able to come to Spain to retire ?, can anyone tell me what kind of wage/salary that £27000 might equate to and if so they were living comfortably off that pension why would they want to come to Spain as opposed to staying at home or looking elsewhere ?
As regards "handouts" what hangouts?
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