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After Brexit

Posted: Thu Jul 2, 2020 3:39pm
33 replies2610 views10 members subscribed
graygray

Posts: 57

10 helpful points

Location: Camposol

Joined: 9 Oct 2019

Hi All 

I keep reading that after Brexit you will need a income of £32000 per adult to live in Spain 

We want to sell our house and move to our villa we will have around double the 32k in the bank and that is our income this will be topped with our pensions as and when they finish  Will we qualify with this approach ? I don’t know any couples with a 62k pension To me this is madness and Spain as a country we lose out on income and as expats pass a way there will be loads of empty villas 

Paula3

Posted: Thu Jul 2, 2020 3:52pm

Posts: 20

4 helpful points

Location: Águilas

Joined: 10 Jan 2020

Posted: Thu Jul 2, 2020 3:52pm

Exactly...I don't believe that to be true. Probably will just need medical insurance.

graygray

Posted: Thu Jul 2, 2020 4:02pm

graygray

Original Poster

Posts: 57

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Location: Camposol

Joined: 9 Oct 2019

Posted: Thu Jul 2, 2020 4:02pm

Paula3 wrote on Thu Jul 2, 2020 3:52pm:

Exactly...I don't believe that to be true. Probably will just need medical insurance.

Hi Paula3 

Thank you for seeing this how I see it My in-laws live very comfortable on €1000-€1500 a month €18000 a year and that’s running a car and a pool 

Kalli

Posted: Thu Jul 2, 2020 4:46pm

Kalli

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Posted: Thu Jul 2, 2020 4:46pm

Have a look at Jim's guides - either click on the menu at top left of this page or scroll down and click on it on the RHS of the page.

Unless some special arrangement is put into place for British people, we will be treated as all non EU immigrants. Spain has something called the IPREM which currently is 6.454,03 Euros per annum. It more or less equates to a Spanish minimum wage.

A non EU immigrant requires an income of 400% IPREM which equals 25.816,12 Euros p.a. Each extra family member increases the requirement by 100% IPREM, therefore a couple would require an annual income of: 25.816,12 + 6.454,03 = 32.270,15 Euros.

Paula3

Posted: Thu Jul 2, 2020 5:26pm

Posts: 20

4 helpful points

Location: Águilas

Joined: 10 Jan 2020

Posted: Thu Jul 2, 2020 5:26pm

Kalli wrote on Thu Jul 2, 2020 4:46pm:

Have a look at Jim's guides - either click on the menu at top left of this page or scroll down and click on it on the RHS of the page.

Unless some special arrangement is put into place for British people, we will be treated as all non EU immigrants. Spain has something called the IPREM which currently is 6.454,03 Euros per annum. It more or less equates to a Spanish minimum wage....

...

A non EU immigrant requires an income of 400% IPREM which equals 25.816,12 Euros p.a. Each extra family member increases the requirement by 100% IPREM, therefore a couple would require an annual income of: 25.816,12 + 6.454,03 = 32.270,15 Euros.

Yes but that's the worse case scenario. The Spanish want Brits there buying their houses.

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briangmoore

Posted: Thu Jul 2, 2020 5:33pm

briangmoore

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Posts: 58

58 helpful points

Location: Fuente Álamo

Joined: 19 Apr 2018

Posted: Thu Jul 2, 2020 5:33pm

Blimey! Where on earth do you keep reading that?  I've never come across that figure or even close to it before but would suggest visiting the CAB Spain website if you want the current accurate information.  You can also ask questions on their site. At present nobody is sure what the post-Brexit requirements will be but most likely it will be based around showing that you have medical cover in place and have sufficient income on which to live. Good luck if you do make the move.

frequent flyer

Posted: Fri Jul 3, 2020 9:20am

frequent flyer

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Posts: 969

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Joined: 9 Feb 2018

Posted: Fri Jul 3, 2020 9:20am

graygray wrote on Thu Jul 2, 2020 3:39pm:

Hi All 

I keep reading that after Brexit you will need a income of £32000 per adult to live in Spain 

We want to sell our house and move to our villa we will have around double the 32k in the bank and that is our income this will be topped with our pensions as and when they finish  Will we qualify with this approach ? I don’t know any couples with a 62k pension To me this is madness and Spain as a country we lose out on income and as expats pass a way there will be loads of empty villas 

The €32,000 you are referring to is for none EU citizens that want to live in Spain ...I have 2 American friends that live in Spain and proof of €32,000 per person plus a private health care policy had to be shown before they would be accepted as Residents....so I guess that when the UK leaves the EU on January 2021 the Spanish will be forced to implement the same entry rules to UK citizens that currently apply to other none EU members ...the UK government has already stated that it will carry on paying the €4,700 per year ...per UK OAP if they are Residents of Spain before January 2021 ...no other agreements have been made between the Spanish and UK government's .. other than if ( any) UK citizen want's to emigrate to Spain after January 2021 they will they will need a private health care insurance in place ...and I can only assume €32,000 per person in the bank before acceptance ... personally what ever happens the current UK OAPs that are in Spain will be the last you see unless the UK / Spain can come to some sort of bilateral agreement ...but what ever the case maybe if you are from the UK after January 2021 you will need a private Health Care policy to go on holiday or to reside in Spain / EU as the S1 and the EHIC cards will no longer apply anywhere across the European Union...What ever you do don't blame the Brexit ...you can blame it on the likes of the 6,000 gypsy family's from the so called EU that turned up over a 12 month period at Rotherham councils door demanding a council house and Dole money as it was their rights according to Brussels... freedom of movement will not stop on January 2021 anyone from the EU will still be able to come to the UK on holiday and if they want to stay in the UK all they will need to do is pass a points based system to do so...not unlike the same points base system that has always been in force in Spain...but what I can't understand is why the EU has accepted the Spanish government's demands on residency ..but point blank refused the UKs demands to in force the same for EU citizens to reside in the UK....so I guess it's the EU to blame for the Brexit .

Paula3

Posted: Fri Jul 3, 2020 9:49am

Posts: 20

4 helpful points

Location: Águilas

Joined: 10 Jan 2020

Posted: Fri Jul 3, 2020 9:49am

frequent flyer wrote on Fri Jul 3, 2020 9:20am:

The €32,000 you are referring to is for none EU citizens that want to live in Spain ...I have 2 American friends that live in Spain and proof of €32,000 per person plus a private health care policy had to be shown before they would be accepted as Residents....so I guess that when the UK leave...

...s the EU on January 2021 the Spanish will be forced to implement the same entry rules to UK citizens that currently apply to other none EU members ...the UK government has already stated that it will carry on paying the €4,700 per year ...per UK OAP if they are Residents of Spain before January 2021 ...no other agreements have been made between the Spanish and UK government's .. other than if ( any) UK citizen want's to emigrate to Spain after January 2021 they will they will need a private health care insurance in place ...and I can only assume €32,000 per person in the bank before acceptance ... personally what ever happens the current UK OAPs that are in Spain will be the last you see unless the UK / Spain can come to some sort of bilateral agreement ...but what ever the case maybe if you are from the UK after January 2021 you will need a private Health Care policy to go on holiday or to reside in Spain / EU as the S1 and the EHIC cards will no longer apply anywhere across the European Union...What ever you do don't blame the Brexit ...you can blame it on the likes of the 6,000 gypsy family's from the so called EU that turned up over a 12 month period at Rotherham councils door demanding a council house and Dole money as it was their rights according to Brussels... freedom of movement will not stop on January 2021 anyone from the EU will still be able to come to the UK on holiday and if they want to stay in the UK all they will need to do is pass a points based system to do so...not unlike the same points base system that has always been in force in Spain...but what I can't understand is why the EU has accepted the Spanish government's demands on residency ..but point blank refused the UKs demands to in force the same for EU citizens to reside in the UK....so I guess it's the EU to blame for the Brexit .

32.000 in the bank OR an income of 32.000 every year?

frequent flyer

Posted: Fri Jul 3, 2020 10:58am

frequent flyer

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Posts: 969

1083 helpful points

Location: Camposol

Joined: 9 Feb 2018

Posted: Fri Jul 3, 2020 10:58am

Paula3 wrote on Fri Jul 3, 2020 9:49am:

32.000 in the bank OR an income of 32.000 every year?

€32,000 in the bank ..but some area's ... you also need proof of future income .

paulsav

Posted: Fri Jul 3, 2020 1:16pm

paulsav

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Posts: 521

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Location: Yecla

Joined: 4 Dec 2015

Posted: Fri Jul 3, 2020 1:16pm

frequent flyer wrote on Fri Jul 3, 2020 10:58am:

€32,000 in the bank ..but some area's ... you also need proof of future income .

Surely its income, not bank balance? Its always been quoted as "income". Anyone could spend £32,000 in a short time, so I,m 100% sure its income as that's always been what EU demanded from non EU immigrants. I cant see UK getting special treatment it would cause huge controversy from all the other non EU countries. 

Regards

Pauline.

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