Debating a move?
#1
Just Joined
Thread Starter
Joined: May 2016
Posts: 1
Debating a move?
Good morning
My husband and I are considering retiring to Spain
The idea is to rent out our home in uk for approx £1300 per month
Plus our pensions which are approx £1200 per month
We are looking to rent long term for 6 months in different areas of Spain travelling around by car
Questions
What do we need to register?
How much is it roughly to live per month?
How much would a car cost and insurance ?
I need regular medication so how would I go about getting this?
Any advice gratefully received
K
My husband and I are considering retiring to Spain
The idea is to rent out our home in uk for approx £1300 per month
Plus our pensions which are approx £1200 per month
We are looking to rent long term for 6 months in different areas of Spain travelling around by car
Questions
What do we need to register?
How much is it roughly to live per month?
How much would a car cost and insurance ?
I need regular medication so how would I go about getting this?
Any advice gratefully received
K
#2
Re: Debating a move?
Hi and a warm welcome to the Spanish forum on BE. Myself and Fred James are the moderators for the Spanish forums whilst BEVS moderates Europe. Moderators are there to ensure that the site runs smoothly within the rules of BE. This is so that members gain the information that they are looking for and find their experiences on the forums to be friendly and worthwhile.
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
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
#3
BE Enthusiast
Joined: Jun 2013
Posts: 990
Re: Debating a move?
Good morning
My husband and I are considering retiring to Spain
The idea is to rent out our home in uk for approx £1300 per month
Plus our pensions which are approx £1200 per month
We are looking to rent long term for 6 months in different areas of Spain travelling around by car
Questions
What do we need to register?
How much is it roughly to live per month?
How much would a car cost and insurance ?
I need regular medication so how would I go about getting this?
Any advice gratefully received
K
My husband and I are considering retiring to Spain
The idea is to rent out our home in uk for approx £1300 per month
Plus our pensions which are approx £1200 per month
We are looking to rent long term for 6 months in different areas of Spain travelling around by car
Questions
What do we need to register?
How much is it roughly to live per month?
How much would a car cost and insurance ?
I need regular medication so how would I go about getting this?
Any advice gratefully received
K
How much it costs to live depends on your lifestyle
Your car insurance depends on what car you have no claims bonus etc
Which country will be your main residence?
If Spain, and you spend more than 183 days there you will be resident, and have to register to pay your income tax on all your income, wherever it comes from
If you are state pensioners you will get free health care
If not, you will have to get private Spanish insurance for one year before paying into the Spanish NHS at 60 euros each per month until you receive state pensions
Private health insurers may not cover existing medical conditions
Use the search facility on this and other forums to find out about requirements for residency , taxes in Spain etc. taxes are very different here
Contact DWP and HMRC for more specific information
If you are spending more than 183 days in the UK, you will be non resident in Spain with the appropriate taxes
Do lots of research by visiting websites for expats,
Don't rely on books which become out of date with information very quickly
Last edited by Rosemary; May 15th 2016 at 1:48 pm. Reason: Correcting quote
#4
Forum Regular
Joined: Nov 2013
Posts: 289
Re: Debating a move?
Hi & welcome,
"We are looking to rent long term for 6 months in different areas of Spain travelling around by car"....Are you thinking of 6 months in each area or 6 months in total? If the latter, then you may be better looking at monthly holiday lets. If the former then see Neptuno's post re- residence.
"How much would a car cost and insurance ?".... If you are staying less than 183 days you could use your own car (providing it's street legal in the UK for the duration of your visit)
"I need regular medication so how would I go about getting this?"... Many prescription drugs can be purchased at the Spanish pharmacies. You can bring prescription drugs with you (bring your prescription/doctors note)
"How much is it roughly to live per month?"...Really depends on lifestyle. Your utility bills would depend type of property rented. Will it have a pool? any community fees? air-con/heating usage? Electricity is not cheap!
We took early retirement 4 years ago and did something similar, renting for 3 monthly periods in various areas before choosing our village & buying our apartment. We spend less than 183 days in Spain and have remained non-resident...This suits us
"We are looking to rent long term for 6 months in different areas of Spain travelling around by car"....Are you thinking of 6 months in each area or 6 months in total? If the latter, then you may be better looking at monthly holiday lets. If the former then see Neptuno's post re- residence.
"How much would a car cost and insurance ?".... If you are staying less than 183 days you could use your own car (providing it's street legal in the UK for the duration of your visit)
"I need regular medication so how would I go about getting this?"... Many prescription drugs can be purchased at the Spanish pharmacies. You can bring prescription drugs with you (bring your prescription/doctors note)
"How much is it roughly to live per month?"...Really depends on lifestyle. Your utility bills would depend type of property rented. Will it have a pool? any community fees? air-con/heating usage? Electricity is not cheap!
We took early retirement 4 years ago and did something similar, renting for 3 monthly periods in various areas before choosing our village & buying our apartment. We spend less than 183 days in Spain and have remained non-resident...This suits us
#5
Just Joined
Joined: Apr 2016
Posts: 5
Re: Debating a move?
That sounds perfect, something we are planning to do. Long term rental in a few places until we find the perfect town/village.
#6
Re: Debating a move?
183 for tax resident, within 90 days you have to register. Details below in the link.
https://www.gov.uk/guidance/residenc...ments-in-spain
https://www.gov.uk/guidance/residenc...ments-in-spain