Family of 5 living costs on the Costa Del sol
Sep 8th 2019, 4:21 pm
#16
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Re: Family of 5 living costs on the Costa Del sol
I do appreciate all the advice but I also feel very preached to on how to raise my children, their future is in their hands, they follow their own path and as I’ve stated before we have lived their before and are actually only asking about the cost of living.....nothing more
thank you for your help so far
Good luck with your venture!
Sep 8th 2019, 4:27 pm
#17
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Re: Family of 5 living costs on the Costa Del sol
its always concerning when taking children abroad to live and the ability to work after education is always important, the beauty of what I do is they can do it part (2hrs a day) time and still make more than what some people make work 6 days a week.
also they won’t work for me, they will work for
themselves, what I do isn’t an employable business, I can’t hire people, but I can show and do show my children WHAT I do so the can replicate it.
however there are questions I have to ask my lawyer / accountant in spain regarding this, so unless all the ducks line up we won’t be moving back....
i appreciate everyones input, schooling and money
Sep 11th 2019, 7:58 am
#18
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Re: Family of 5 living costs on the Costa Del sol
hi all
there are 5 of us, 2 adults and 3 children aged 8, 9 and 16, I work from home and can move this income to Spain, (I do need a good strong fast internet) we lived there before (roughly 10yrs ago) but am wondering what the monthly cost is to live there again.
i understand we all have different ways of living, but just general really, we’ve found a 3 bed for €850pm and the children will attend Spanish school.
any help would be appreciated
there are 5 of us, 2 adults and 3 children aged 8, 9 and 16, I work from home and can move this income to Spain, (I do need a good strong fast internet) we lived there before (roughly 10yrs ago) but am wondering what the monthly cost is to live there again.
i understand we all have different ways of living, but just general really, we’ve found a 3 bed for €850pm and the children will attend Spanish school.
any help would be appreciated
we live in a same size house as we used on the south coast of England how ever we estimate that our outgoings to run the house for all bills are roughly 40% less.food in general is slightly cheaper than the uk how ever if you use local markets the cost is significantly cheaper.a big example is our council tax in the uk was 2000+ gbp per year for the same house here is 450 euro
Sep 11th 2019, 8:07 am
#19
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Re: Family of 5 living costs on the Costa Del sol
Hi.from our own experience and living inland by fifteen minuets inland from major coastal towns,the cost difference on simple items such as a beer, coffee, cost of fuel , or a meal can be as much as 30% cheaper.
we live in a same size house as we used on the south coast of England how ever we estimate that our outgoings to run the house for all bills are roughly 40% less.food in general is slightly cheaper than the uk how ever if you use local markets the cost is significantly cheaper.a big example is our council tax in the uk was 2000+ gbp per year for the same house here is 450 euro
we live in a same size house as we used on the south coast of England how ever we estimate that our outgoings to run the house for all bills are roughly 40% less.food in general is slightly cheaper than the uk how ever if you use local markets the cost is significantly cheaper.a big example is our council tax in the uk was 2000+ gbp per year for the same house here is 450 euro
really appreciate your advice, thanks again
Sep 11th 2019, 10:30 am
#20
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Re: Family of 5 living costs on the Costa Del sol
what do you do?!
Sep 12th 2019, 8:30 am
#21
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Sep 12th 2019, 8:38 am
#23
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Re: Family of 5 living costs on the Costa Del sol
Just check with your former Spanish accountant what business structure you must set up, and when your children can work legally...
Sep 12th 2019, 8:45 am
#24
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Re: Family of 5 living costs on the Costa Del sol
I’ve been teaching them for many years what I do and they can comfortably do it part time and make a good living.
Sep 12th 2019, 9:49 am
#25
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Re: Family of 5 living costs on the Costa Del sol
I'm the first to admit that I know nothing about onlivne trading, but surely it is regulated in some way? I'm amazed that kids are legally allowed to bet and trade in this way.
Sep 12th 2019, 10:06 am
#26
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Re: Family of 5 living costs on the Costa Del sol
Which is why the OP should research this aspect if they want to become resident in Spain. It must surely be illegal for the 16-year-old to earn money in that way, even more so the younger ones....
P.S. Sorry all this is going off on a tangent from the OP's original cost-of-living query, but the question must be settled if the family's £3000 pm includes money earned by the children....
Last edited by dmu; Sep 12th 2019 at 10:11 am.
Sep 12th 2019, 10:26 am
#27
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Re: Family of 5 living costs on the Costa Del sol
It certainly isn't allowed in France. Minors aren't allowed to set up a business structure and their employment is strictly regulated here. The parents would have serious problems if their children worked on the black. It's illegal to bet/gamble under 18....
Which is why the OP should research this aspect if they want to become resident in Spain. It must surely be illegal for the 16-year-old to earn money in that way, even more so the younger ones....
P.S. Sorry all this is going off on a tangent from the OP's original cost-of-living query, but the question must be settled if the family's £3000 pm includes money earned by the children....
Which is why the OP should research this aspect if they want to become resident in Spain. It must surely be illegal for the 16-year-old to earn money in that way, even more so the younger ones....
P.S. Sorry all this is going off on a tangent from the OP's original cost-of-living query, but the question must be settled if the family's £3000 pm includes money earned by the children....
The minimum working age in Spain is 16, though permission from parents or guardians is required up to 18 years of age, unless the person is legally emancipated.
Sep 12th 2019, 10:36 am
#28
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Re: Family of 5 living costs on the Costa Del sol
papertrading which is trading on real markets but FAKE money is how my children have been taught, so no laws etc broken...
forex trading is not going to be taught to them until they are of legal age, currently they learn the candlesticks, systems and basic knowledge of how and when to trade, they don’t actually trade on ANY live markets.
i could go further into all of this but yet AGAIN a post of cost of living has escalated into children’s well-being, welfare, legalities of what I do, legal implications doing this in Spain and various other things.
my POST NEVER asked for any advice on ANY of these issues as they are all covered
Sep 12th 2019, 11:27 am
#29
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Re: Family of 5 living costs on the Costa Del sol
ok guys and gals I do understand everyone’s concerns but ALL of this has been looked into, and your “worries” I’m confused about, but then you aren’t aware of the full story...
papertrading which is trading on real markets but FAKE money is how my children have been taught, so no laws etc broken...
forex trading is not going to be taught to them until they are of legal age, currently they learn the candlesticks, systems and basic knowledge of how and when to trade, they don’t actually trade on ANY live markets.
i could go further into all of this but yet AGAIN a post of cost of living has escalated into children’s well-being, welfare, legalities of what I do, legal implications doing this in Spain and various other things.
my POST NEVER asked for any advice on ANY of these issues as they are all covered
Sep 12th 2019, 11:31 am
#30
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Re: Family of 5 living costs on the Costa Del sol
This is the joy of posting on a public forum. Everyone has an opinion and more often than not, people are trying to help. It's incredibly common for people to post asking questions such as yours and it turns out they haven't thought through many other important factors which may be very relevant to their original question. Good luck with your adventure.
also in a text / posts you can’t get the tone of people so please don’t think I’m not grateful etc it’s good to hear being concerned especially about children, but I can assure EVERYONE my children are everything to me and I would never do anything to harm them in any way, Spain is a dream right now, I’m hoping everything lines up to make it a reality.
thank you all