What do you think our chances are?
Mar 20th 2018, 2:05 pm
#1
Just Joined
Thread Starter
Joined: Jun 2017
Location: Hertfordshire
Posts: 6
What do you think our chances are?
Greetings well-informed BE people!
I'd appreciate your input about our conundrum.
I'm a British passport holder, my fiancee is Austrian. Our toddler daughter has dual nationality. I'm 46 and she's 41.
We want to bring our child up under the sun with an outdoors lifestyle. We visited the Costa Del Sol in January and were taken with what we saw. We can envisage a good life there, having some friends and a few languages between us - but Spanish isn't one of them, but we can learn.
We are perplexed by the residency question as we are on shaky ground in terms of proving self-sufficiency. We have enough money to buy a decent property and can live for about a year on savings. Our job prospects seem bleak - our skills are just not in demand over there.
So my question is: if we were to buy a property are we likely to be granted residencia? If we were to rent and show money in the bank good for 5 years would that be considered good enough for residencia?
I've just started a new online-based business that is only going to be profitable in about a year's time. It will most likely still be under the €11k tax threshold in its second year. Would incorporating (SL) or going autonomo help our case?
What do you think?
Don
I'd appreciate your input about our conundrum.
I'm a British passport holder, my fiancee is Austrian. Our toddler daughter has dual nationality. I'm 46 and she's 41.
We want to bring our child up under the sun with an outdoors lifestyle. We visited the Costa Del Sol in January and were taken with what we saw. We can envisage a good life there, having some friends and a few languages between us - but Spanish isn't one of them, but we can learn.
We are perplexed by the residency question as we are on shaky ground in terms of proving self-sufficiency. We have enough money to buy a decent property and can live for about a year on savings. Our job prospects seem bleak - our skills are just not in demand over there.
So my question is: if we were to buy a property are we likely to be granted residencia? If we were to rent and show money in the bank good for 5 years would that be considered good enough for residencia?
I've just started a new online-based business that is only going to be profitable in about a year's time. It will most likely still be under the €11k tax threshold in its second year. Would incorporating (SL) or going autonomo help our case?
What do you think?
Don
Mar 20th 2018, 3:46 pm
#2
Lost in BE Cyberspace
Joined: Feb 2013
Posts: 6,148
Re: What do you think our chances are?
Greetings well-informed BE people!
I'd appreciate your input about our conundrum.
I'm a British passport holder, my fiancee is Austrian. Our toddler daughter has dual nationality. I'm 46 and she's 41.
We want to bring our child up under the sun with an outdoors lifestyle. We visited the Costa Del Sol in January and were taken with what we saw. We can envisage a good life there, having some friends and a few languages between us - but Spanish isn't one of them, but we can learn.
We are perplexed by the residency question as we are on shaky ground in terms of proving self-sufficiency. We have enough money to buy a decent property and can live for about a year on savings. Our job prospects seem bleak - our skills are just not in demand over there.
So my question is: if we were to buy a property are we likely to be granted residencia? If we were to rent and show money in the bank good for 5 years would that be considered good enough for residencia?
I've just started a new online-based business that is only going to be profitable in about a year's time. It will most likely still be under the €11k tax threshold in its second year. Would incorporating (SL) or going autonomo help our case?
What do you think?
Don
I'd appreciate your input about our conundrum.
I'm a British passport holder, my fiancee is Austrian. Our toddler daughter has dual nationality. I'm 46 and she's 41.
We want to bring our child up under the sun with an outdoors lifestyle. We visited the Costa Del Sol in January and were taken with what we saw. We can envisage a good life there, having some friends and a few languages between us - but Spanish isn't one of them, but we can learn.
We are perplexed by the residency question as we are on shaky ground in terms of proving self-sufficiency. We have enough money to buy a decent property and can live for about a year on savings. Our job prospects seem bleak - our skills are just not in demand over there.
So my question is: if we were to buy a property are we likely to be granted residencia? If we were to rent and show money in the bank good for 5 years would that be considered good enough for residencia?
I've just started a new online-based business that is only going to be profitable in about a year's time. It will most likely still be under the €11k tax threshold in its second year. Would incorporating (SL) or going autonomo help our case?
What do you think?
Don
Think about it:
Even people from the colder parts of Spain enjoy a holiday further South during winter, but the majority wouldn't consider a permanent move, even though language wouldn't be an issue for them. It's the same when people from Seattle visit Florida. Of course there are many non retired people who also make the move and are successful, but unless your business is really making money, what other options would you have? No social security, no other job prospects, as there are enough Spanish looking for work.
Mar 20th 2018, 4:44 pm
#3
Just Joined
Joined: Mar 2018
Posts: 6
Re: What do you think our chances are?
Some really useful info here thanks!.
I am also debating on Spain or France at the moment but like yourself, i'm thinking of a 2nd home rather than a permanent move. If I like it enough, then I can look to see what options I have after brexit several years down the line.
I currently make a living online and a permanent move is a possibility but want to keep all options on the table. When you are presented with many options it does become a problem!
Think about it:
Even people from the colder parts of Spain enjoy a holiday further South during winter, but the majority wouldn't consider a permanent move, even though language wouldn't be an issue for them. It's the same when people from Seattle visit Florida. Of course there are many non retired people who also make the move and are successful, but unless your business is really making money, what other options would you have? No social security, no other job prospects, as there are enough Spanish looking for work.
I am also debating on Spain or France at the moment but like yourself, i'm thinking of a 2nd home rather than a permanent move. If I like it enough, then I can look to see what options I have after brexit several years down the line.
I currently make a living online and a permanent move is a possibility but want to keep all options on the table. When you are presented with many options it does become a problem!
Think about it:
Even people from the colder parts of Spain enjoy a holiday further South during winter, but the majority wouldn't consider a permanent move, even though language wouldn't be an issue for them. It's the same when people from Seattle visit Florida. Of course there are many non retired people who also make the move and are successful, but unless your business is really making money, what other options would you have? No social security, no other job prospects, as there are enough Spanish looking for work.
Mar 20th 2018, 5:57 pm
#4
MODERATOR
Joined: Mar 2007
Location: Costa Valencia
Posts: 14,800
Re: What do you think our chances are?
Some really useful info here thanks!.
I am also debating on Spain or France at the moment but like yourself, i'm thinking of a 2nd home rather than a permanent move. If I like it enough, then I can look to see what options I have after brexit several years down the line.
I currently make a living online and a permanent move is a possibility but want to keep all options on the table. When you are presented with many options it does become a problem!
I am also debating on Spain or France at the moment but like yourself, i'm thinking of a 2nd home rather than a permanent move. If I like it enough, then I can look to see what options I have after brexit several years down the line.
I currently make a living online and a permanent move is a possibility but want to keep all options on the table. When you are presented with many options it does become a problem!
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
