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Can I still come?
I'm 68 yo- male - used to expat life having worked many years in Germany and Hong Kong, but back in UK since 2000.
I was preparing to sell up, downsize and retire to Spain at the beginning of 2016. Then along came the Brexit referendum - and I thought I'd just wait and we would do the sensible thing. You know what happened - and I thought the move was no longer possible, but I have been re-considering. I have a couple of specific questions. How much income do you need to prove to get Spanish residency? I have a full UK state pension; a small amount of UK Teachers' Pension, and will have some money left over from my property sale in UK. I assume that if I move here before March 2019 - we will still be in the EU and I will be able to apply for S1 for access to Spanish Health Care - after that I have researched the cost of insurance, and/or convenio especial - and think it could be managed. Health care was my main concern - but I am fit and well and have no specific health issues right now. I could get much more if I downsized in Spain than in UK - the cost of living is somewhat less, and the climate much better. So b*gger Brexit - I am sure some sensible arrangement will be made whatever happens. Do you agree? All comments welcome.:fingerscrossed: |
Re: Can I still come?
Originally Posted by davio
(Post 12239811)
I'm 68 yo- male - used to expat life having worked many years in Germany and Hong Kong, but back in UK since 2000.
I was preparing to sell up, downsize and retire to Spain at the beginning of 2016. Then along came the Brexit referendum - and I thought I'd just wait and we would do the sensible thing. You know what happened - and I thought the move was no longer possible, but I have been re-considering. I have a couple of specific questions. How much income do you need to prove to get Spanish residency? I have a full UK state pension; a small amount of UK Teachers' Pension, and will have some money left over from my property sale in UK. I assume that if I move here before March 2019 - we will still be in the EU and I will be able to apply for S1 for access to Spanish Health Care - after that I have researched the cost of insurance, and/or convenio especial - and think it could be managed. Health care was my main concern - but I am fit and well and have no specific health issues right now. I could get much more if I downsized in Spain than in UK - the cost of living is somewhat less, and the climate much better. So b*gger Brexit - I am sure some sensible arrangement will be made whatever happens. Do you agree? All comments welcome.:fingerscrossed: Yes a pre requisite of EU membership but....... Your income will suffice - so come on over and enjoy;) |
Re: Can I still come?
Originally Posted by davio
(Post 12239811)
I'm 68 yo- male - used to expat life having worked many years in Germany and Hong Kong, but back in UK since 2000.
I was preparing to sell up, downsize and retire to Spain at the beginning of 2016. Then along came the Brexit referendum - and I thought I'd just wait and we would do the sensible thing. You know what happened - and I thought the move was no longer possible, but I have been re-considering. I have a couple of specific questions. How much income do you need to prove to get Spanish residency? I have a full UK state pension; a small amount of UK Teachers' Pension, and will have some money left over from my property sale in UK. I assume that if I move here before March 2019 - we will still be in the EU and I will be able to apply for S1 for access to Spanish Health Care - after that I have researched the cost of insurance, and/or convenio especial - and think it could be managed. Health care was my main concern - but I am fit and well and have no specific health issues right now. I could get much more if I downsized in Spain than in UK - the cost of living is somewhat less, and the climate much better. So b*gger Brexit - I am sure some sensible arrangement will be made whatever happens. Do you agree? All comments welcome.:fingerscrossed: IF (big if) they stop the S1's and any reciprocal agreements after Brexit, then you would need about 600€ per person per month as income and/or 6000€ savings (all depends where you end up in Spain). You would also then need private health insurance for the first 12 months. Conevnio Especial starts at about 60€ per month per person but rises rapidly when you get to a certain age (I'm not sure of the figure or the age). I would always suggest keeping property in UK and rent it out. With that rental income, you would be able to rent somewhere decent in Spain and have a good life. |
Re: Can I still come?
Yes certainly make the move Davio.You can have a good standard of living here.Not so sure about keeping your home in UK & renting it.You would have to declare that you have an overseas property on your Spanish tax return(I am assuming you would become resident here)& unless you would have someone keeping an eye on your tenant,you can,t be sure if it is well looked after.I have rented out a property here for many years,had some excellent tenants but,even though I was close by,have had a couple who have left it in a bit of a state & this through a correct legal contract & only dealing with one currency.
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Re: Can I still come?
Originally Posted by davio
(Post 12239811)
I'm 68 yo- male - used to expat life having worked many years in Germany and Hong Kong, but back in UK since 2000.
I could get much more if I downsized in Spain than in UK - the cost of living is somewhat less, and the climate much better. So b*gger Brexit - I am sure some sensible arrangement will be made whatever happens. Do you agree? All comments welcome.:fingerscrossed: Problems and complaints should always be addressed to a moderator who will look into the matter and deal with it efficiently and fairly. Our members who post in the Spain Forums are usually friendly and helpful with a wealth of knowledge about the issues of living in Spain. I hope that you enjoy your time participating in the forums. Please let me know if you need any further help. Rosemary |
Re: Can I still come?
I don’t have an axe to grind on expats in Spain. But I don’t think things are going to be straight forward with UK-Spanish relations, since the issue of Gibraltar will rear its ugly head and this time I think Spain has a strong hand in this negotiations.
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Re: Can I still come?
Thank you Taddi
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Re: Can I still come?
It would be better if I had a property that I could let while abroad - and that has been the case when working overseas before - but now it's a question of downsizing - and I need to sell my house to finance the move. I have had good tenants in the past, but my ex had her house in UK trashed when we were together in HK. I would be considering downsizing in UK if I stayed here anyway - but I can get something much nicer, lower maintenance and cheaper in Spain than Barnsley!! Thanks Snikpoh and Dougal.
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Re: Can I still come?
Geoff - I hear what you are saying...and it might be an issue...but hopefully common sense will prevail
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