Income required is 25,560 Euros
#1
Income required is 25,560 Euros
I've not been on here for ages where I have just been reading a thread from 2012 suggesting that proof of income in the region of "the law says that your income cannot be less than 5.007,80".
I've also read a uk gov linked document that says the income needs to be as follows.
6. Proof of Permanent Retirement income from an official institution (social security or other private source) to
live in Spain without working. The minimum income required is 25,560 Euros annually plus 6,390 Euros per
each additional family member. All documentation must be certified translated into Spanish.
7. Proof of other sources of income or properties in Spain if applicable, with a certified translation into Spanish.
Is this correct of am I missing something as the jump seems huge.
I've also read a uk gov linked document that says the income needs to be as follows.
6. Proof of Permanent Retirement income from an official institution (social security or other private source) to
live in Spain without working. The minimum income required is 25,560 Euros annually plus 6,390 Euros per
each additional family member. All documentation must be certified translated into Spanish.
7. Proof of other sources of income or properties in Spain if applicable, with a certified translation into Spanish.
Is this correct of am I missing something as the jump seems huge.
#2
Re: Income required is 25,560 Euros
That's rubbish. There is no official figure for required income - it says that specifically in the relevant law.
It depends on individual circumstances, but €6000 in a bank account or available on a credit card seems to be acceptable. An escritora showing that you own property has also been accepted.
It's down to the guy on the desk when you apply.
It depends on individual circumstances, but €6000 in a bank account or available on a credit card seems to be acceptable. An escritora showing that you own property has also been accepted.
It's down to the guy on the desk when you apply.
#3
Forum Regular
Joined: Aug 2010
Location: Andalucia
Posts: 36
Re: Income required is 25,560 Euros
"I've also read a uk gov linked document that says the income needs to be as follows.
6. Proof of Permanent Retirement income from an official institution (social security or other private source) to
live in Spain without working. The minimum income required is 25,560 Euros annually plus 6,390 Euros per
each additional family member. All documentation must be certified translated into Spanish.
7. Proof of other sources of income or properties in Spain if applicable, with a certified translation into Spanish."
This is NOT a quote from a UK government "linked document" (whatever that means), it is an extract from a document issued by the CONSULADO GENERAL DE ESPAÑA EN SAN FRANCISCO to US citizens of some western states, including Hawaii, who are applying for "retiree visas", (whatever they are!)
6. Proof of Permanent Retirement income from an official institution (social security or other private source) to
live in Spain without working. The minimum income required is 25,560 Euros annually plus 6,390 Euros per
each additional family member. All documentation must be certified translated into Spanish.
7. Proof of other sources of income or properties in Spain if applicable, with a certified translation into Spanish."
This is NOT a quote from a UK government "linked document" (whatever that means), it is an extract from a document issued by the CONSULADO GENERAL DE ESPAÑA EN SAN FRANCISCO to US citizens of some western states, including Hawaii, who are applying for "retiree visas", (whatever they are!)
#4
Re: Income required is 25,560 Euros
It makes you realise how difficult it can be to get to live in Spain if you are not from the EU.
Brexit lovers - please note!
Brexit lovers - please note!
#5
Banned
Joined: Feb 2011
Location: Mallorca
Posts: 19,367
Re: Income required is 25,560 Euros
Get your residence now, folks. After June, it may well become rather cost-prohibitive.
That does bring to mind... What "Britain in the sun" escapes will be left for non-EU British OAPs? Africa?
That does bring to mind... What "Britain in the sun" escapes will be left for non-EU British OAPs? Africa?
#6
BE Enthusiast
Joined: Feb 2009
Posts: 483
Re: Income required is 25,560 Euros
As long as we are in the EU there is free movement across borders. ANy EU citizen can choose where ever they want to live.
#7
Re: Income required is 25,560 Euros
But to become permanent they do have to obey certain conditions, in Spain proof of finances and healthcare, in other countries there will be other requirements, unless they want to live totally off the grid.
#8
Re: Income required is 25,560 Euros
I've not been on here for ages where I have just been reading a thread from 2012 suggesting that proof of income in the region of "the law says that your income cannot be less than 5.007,80".
I've also read a uk gov linked document that says the income needs to be as follows.
6. Proof of Permanent Retirement income from an official institution (social security or other private source) to
live in Spain without working. The minimum income required is 25,560 Euros annually plus 6,390 Euros per
each additional family member. All documentation must be certified translated into Spanish.
7. Proof of other sources of income or properties in Spain if applicable, with a certified translation into Spanish.
Is this correct of am I missing something as the jump seems huge.
I've also read a uk gov linked document that says the income needs to be as follows.
6. Proof of Permanent Retirement income from an official institution (social security or other private source) to
live in Spain without working. The minimum income required is 25,560 Euros annually plus 6,390 Euros per
each additional family member. All documentation must be certified translated into Spanish.
7. Proof of other sources of income or properties in Spain if applicable, with a certified translation into Spanish.
Is this correct of am I missing something as the jump seems huge.
#9
Banned
Joined: Feb 2011
Location: Mallorca
Posts: 19,367
Re: Income required is 25,560 Euros
Good job the UK doesn't impose those restrictions. Oh, wait... Apparently, Britain is the only member that is required to allow anyone in for any reason with no requirements or restrictions whatsoever. Or so I keep reading.
#11
BE Forum Addict
Joined: Apr 2013
Location: Hampshire coast
Posts: 1,584
Re: Income required is 25,560 Euros
So what income or healthcare restrictions does Britain impose on EU migrants ?
#12
Re: Income required is 25,560 Euros
Nothing at all. The UK is bound by exactly the same EU residency law as Spain, but EU foreigner registration after 90 days is optional and the UK chooses not to require it.
#13
Re: Income required is 25,560 Euros
So if a UK citizen goes through foreigner registration after 90 days, what affect does that have on any healthcare treatments, emergency mainly, I talking about here.
#14
Re: Income required is 25,560 Euros
You would have to prove that you had adequate health cover, either from private insurance of by any reciprocal arrangement from the UK such as is available for UK State pensioners.