Dondurma

For how many months previous to your residency application must you show you have been receiving the required €600/€700 income?

monjue

Your question is a little confusing?...

If you are a EU citizen you need to either have minimum 4000€ in your bank or a work contract to apply for your recidencia.

Dondurma

I am an EU citizen but in Denia region you must show a regular monthly income €600/€700 not just a lump sum

monjue

oh ok.. sorry can't help more.

snikpoh

It all depends where you go - some might say as little as 4000€ although I have heard of 10000€ (each) being required.

However, the norm if around 600€ from ANY source.

If you are working in Spain, then I think that covers your entire family providing it's a FULL contract - that is, I don't think there's a minimum level of income required.

monjue

👍🏻

Dondurma

I have read of many places where you must show income- not just lump sum

snikpoh

Most places stipulate a regular income. Some will ask for a fixed sum AS WELL. Very few, in my experience, just ask for a lump sum.

In rare cases, I have heard that owning a property can help as can having a healthy balance on a credit card!

Fred James

It varies from office to office. The reason for that is that the guidance does not specify any specific amount, however is does allow for ownership of property and other assets which may include a lump sum, or as Snikpoh pointed out, even a decent credit card balance.

This is what the actual law says, translation courtesy of Google.

2. Disposition of sufficient resources, for himself and for the members of his family, not to become a burden for the social assistance of Spain during his period of residence. Accreditation of the possession of sufficient resources, either by periodic income, including labor or other income, or by the possession of a patrimony, will be made by any means of proof admitted in law, such as property titles, certified checks , Documentation justifying the obtaining of capital income or credit cards, providing in the latter case an updated bank certification that establishes the amount available as credit for the said card. The assessment of the sufficiency of means must be made on an individual basis, and in any case, taking into account the personal and family situation of the applicant. Accreditation shall be considered sufficient for the fulfillment of this requirement to have resources that are higher than the amount established each year by the General Budget Law of the State to generate the right to receive a non-contributory benefit, taking into account the personal and family situation of the interested.

Ikea lover

If you show them a Uk bank statement / credit card statement, does it have to be translated by a sworn translator into Spanish? Also, can the address on the UK bank statement be your address in the UK, or does it have to have your Spanish address on it?

teuchterpete

In short if it is in English get it translated by a certified translator, We used one in Madrid but sent documents by e main land they came back by post. functionario in Seville was most insistant on this and turned us away on the first occasion we went. Ours was for our pension statements from the DWP UK. You would need to provide 3 monthly statements and it had to be a Spanish bank, or so he said. He was not interested in anything in English or related to uk unless translated and certified. Having said all that it seems everyone interprets rules differently.
good luck Pete

tebo53

It might help to get a better response to clarify wether you are retired, working, home owner etc etc as it could make a difference.

I set up a Spanish bank account a year before I came here to live. After research, I made sure I deposited the required monthly deposits into that account and extra as savings. When I made my application for residency they were happy to accept the Spanish bank statements as showing a regular income.

Steve

snikpoh

Some places ask for the income/funds to be in a SPANISH bank and will NOT accept a UK account.