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Money

Posted: Wed Aug 5, 2020 2:19pm
18 replies1002 views8 members subscribed
Anno

Posts: 34

8 helpful points

Location: Camposol

Joined: 2 Jun 2020

Hi can you tell me how much money do you have to have to live in camposol 

frequent flyer

Posted: Wed Aug 5, 2020 8:40pm

frequent flyer

Super helpful member

Posts: 969

1083 helpful points

Location: Camposol

Joined: 9 Feb 2018

Posted: Wed Aug 5, 2020 8:40pm

Your inquiry is a bit vague Look on C.A.B Spain... and it will explain the minimum requirements to live / to become a resident in Spain.

Anno

Posted: Wed Aug 5, 2020 9:18pm

Anno

Original Poster

Posts: 34

8 helpful points

Location: Camposol

Joined: 2 Jun 2020

Posted: Wed Aug 5, 2020 9:18pm

frequent flyer wrote on Wed Aug 5, 2020 8:40pm:

Your inquiry is a bit vague Look on C.A.B Spain... and it will explain the minimum requirements to live / to become a resident in Spain.

Thank you 

Anno

Posted: Wed Aug 5, 2020 9:25pm

Anno

Original Poster

Posts: 34

8 helpful points

Location: Camposol

Joined: 2 Jun 2020

Posted: Wed Aug 5, 2020 9:25pm

frequent flyer wrote on Wed Aug 5, 2020 8:40pm:

Your inquiry is a bit vague Look on C.A.B Spain... and it will explain the minimum requirements to live / to become a resident in Spain.

I’m asking as I’ve been told that you have to have a certain amount of money  to live in Spain not sure if this is true 

Roland

Posted: Wed Aug 5, 2020 9:32pm

Roland

Legendary helpful member

Posts: 3531

2594 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Wed Aug 5, 2020 9:32pm

If you intending to become a full time resident then yes you do need 'a certain amount of money'.

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Anno

Posted: Wed Aug 5, 2020 9:55pm

Anno

Original Poster

Posts: 34

8 helpful points

Location: Camposol

Joined: 2 Jun 2020

Posted: Wed Aug 5, 2020 9:55pm

Can you tell me how much do you need to live in Spain 

HelenRooke

Posted: Wed Aug 5, 2020 11:16pm

HelenRooke

Helpful member

Posts: 179

185 helpful points

Location: Camposol

Joined: 20 Oct 2017

Posted: Wed Aug 5, 2020 11:16pm

Anno wrote on Wed Aug 5, 2020 9:55pm:

Can you tell me how much do you need to live in Spain 

Each  area is different. If you intend moving to Camposol then you are better off contacting a specialist company/person such as Costa Calida property services based  on Camposol A or Debbie Shaw who is also based there.  Or join fb groups such as Camposol or Preguntas y mas murcia.  

Sunnyspain

Posted: Thu Aug 6, 2020 8:39am

Sunnyspain

Very helpful member

Posts: 1426

997 helpful points

Location: Camposol

Joined: 30 Mar 2018

Posted: Thu Aug 6, 2020 8:39am

Hi we were told that if we owned property outright you didn't need proof of income or money in the bank for this area but it appears it has changed. We had our 1st residency appointment and they now require just over €9000 for us both in our Spanish account. We do not need proof of income. 

We are using Fiona Harvey. 

MitchNorwich

Posted: Thu Aug 6, 2020 12:36pm

MitchNorwich

Helpful member

Posts: 210

117 helpful points

Location: Isla Plana

Joined: 5 May 2019

Posted: Thu Aug 6, 2020 12:36pm

Sunnyspain wrote on Thu Aug 6, 2020 8:39am:

Hi we were told that if we owned property outright you didn't need proof of income or money in the bank for this area but it appears it has changed. We had our 1st residency appointment and they now require just over €9000 for us both in our Spanish account. We do not need proof of income. 

We are using Fiona Harvey. ...

...

Hi all

We contacted our solicitor with similar questions, we were told that as we own our property outright and have deeds of such, there is no need for actual proof of income - this is obviously different for different areas and maybe changes depending on the way the wind is blowing or whether it rained yesterday?!

Sunnyspain

Posted: Thu Aug 6, 2020 1:36pm

Sunnyspain

Very helpful member

Posts: 1426

997 helpful points

Location: Camposol

Joined: 30 Mar 2018

Posted: Thu Aug 6, 2020 1:36pm

MitchNorwich wrote on Thu Aug 6, 2020 12:36pm:

Hi all

We contacted our solicitor with similar questions, we were told that as we own our property outright and have deeds of such, there is no need for actual proof of income - this is obviously different for different areas and maybe changes depending on the way the wind is blowing or whether it raine...

...d yesterday?!

Thats correct but now you need over €9000 in your bank account. So have had to get a statement certificate from the spanish bank and also copy every page of our passports for Murcia region. We have 10 days to go back to them so they can continue with the next appointment 

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