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Utility bills

Posted: Tue Mar 9, 2021 6:48pm
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Posts: 8

star2 helpful points

Location: Camposol

Joined: 9 Mar 2021

Hi all. 

New to forum. 

Myself and wife will be moving permanently to our place in camposol later this month

Both 60yrs old and will want to find at least a part time job or pick up bits and pieces, work wise. 

Can you advise monthly costs for following to help us plan.

Thank you

Electric bill - 

Water bill 

Health insurance - 

Mobile phone and internet 

Home insurance

Posted: Tue Mar 9, 2021 8:35pm

Ali52

Helpful member

Posts: 201

star136 helpful points

Location: Camposol

Joined: 2 Apr 2019

Posted: Tue Mar 9, 2021 8:35pm

Do you have residencia ?  Jobs are very hard to get. You would have to prove no one in the EU could do your job. It is very expensive and difficult to get a job in the EU now. Autonomo  is quite  expensive too. What is your specialty ?

Posted: Tue Mar 9, 2021 9:26pm

Will60

Helpful member

Posts: 317

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Joined: 10 Feb 2020

Posted: Tue Mar 9, 2021 9:26pm

Are you British ?     Do you qualify to travel ?

Check here ...   https://www.gov.uk/guidance/coronavirus-covid-19-declaration-form-for-international-travel#travelling-abroad-during-stay-at-home-restrictions

Also (posted by another forum member today)

N332

· 

The Spanish Government extends the restrictions on entry to Spain via air and sea from the United Kingdom and, via air, from Brazil and South Africa, to stop the spread of new variants of #COVID19 Until 6:00 p.m. March 30th

More info: http://bit.ly/3vgUPjh

(In the case of the United Kingdom, only flights or passenger ships to Spain that are occupied by Spanish or Andorran citizens, as well as residents in both these countries, are permitted) Source: https://www.facebook.com/164716453628310/posts/3346052518828005/?d=n

---------------------

If you are British, you will need visas

Have a look here ...

http://www.exteriores.gob.es/Consulados/LONDRES/en/Consulado/Pages/Visas.aspx?fbclid=IwAR0xMqhqHmEKBIff9XqYT9E6SLp-1cfG5WQqDfxajoVj2zCNqoLX8WqmZt0

Health insurance - 2000 to 2500 Eu/year

Electricity ... if you have a pool, average 100 Eu/month. Less if you have no pool.

Water ... if you have a pool 200 Eu every 2 months. Less if you have no pool.

Home insurance - depends on the house . Allow 150-400 Eu/year.

Internet/TV/mobile phones (2) bundle - 46 Euros/month

Posted: Tue Mar 9, 2021 11:18pm

PeterC

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Posts: 2250

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Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Tue Mar 9, 2021 11:18pm

Will60 has omitted IBI - 300 to 600 Euros p.a., car insurance say 400..

More importantly is do you have the income/deposited funds for you to qualify to come and live in Spain.

Posted: Tue Mar 9, 2021 11:48pm

Anni20

Helpful member

Posts: 448

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Posted: Tue Mar 9, 2021 11:48pm

I hope Geo did his homework before posting his query else the 3 replies above will make him run for the hills.....fingers crossed it’ll work out for you....

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Posted: Wed Mar 10, 2021 11:06am

PeterC

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Posts: 2250

star1463 helpful points

Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Wed Mar 10, 2021 11:06am

Anni20 wrote on Tue Mar 9, 2021 11:48pm:

I hope Geo did his homework before posting his query else the 3 replies above will make him run for the hills.....fingers crossed it’ll work out for you....

Far better to know what to expect than just turn up and then find out that they must leave!

The days of being able to cross the channel, find a place to sleep then earn a bit from the black economy were always likely to end, and the agreement that came in from 1st January this year have certainly done that.

Some advice from someone I trust to know...

"One other thing to keep in mind is that if you move to Spain in May of 2021 then you will be deemed tax resident in Spain for the whole of the 2021 Spanish tax year (which is the same as the calendar year). This means you are effectively already a Spanish tax resident (if you go through with the move) and anything you do now is subject to Spanish taxation.

You should also keep this in mind if you are thinking of doing any tax planning I.e. doing things to minimise tax bills. If you arrive in Spain after July 1st then you won't be tax resident in Spain for 2021.

I would urge you to take some professional financial planning advice before getting the ball rolling on moving. Not just seeing an accountant or gestor as often they will only help you with doing tax returns and not planning especially if they only have a Spanish or UK operation and don't deal with both jurisdictions.

A couple of examples of things you might do before May that could be very costly as they will be deemed taxable in Spain. Sell a house in the UK....this may be subject to Spanish capital gains on every cent of gain from the day you bought it. Take the tax free lump sum from your UK pension (not taxable in the UK) ....this will be subject to Spanish income tax at up to 48% . This is not an exhaustive list there may be others depending on your personal circumstances."

Posted: Wed Mar 10, 2021 1:57pm

Geo

Original Poster

Posts: 8

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Location: Camposol

Joined: 9 Mar 2021

Posted: Wed Mar 10, 2021 1:57pm

Ali52 wrote on Tue Mar 9, 2021 8:35pm:

Do you have residencia ?  Jobs are very hard to get. You would have to prove no one in the EU could do your job. It is very expensive and difficult to get a job in the EU now. Autonomo  is quite  expensive too. What is your specialty ?

Hi we have been residents for three years we are moving from torreveja we have sold our house here at the moment we are key holders doing most work needed for holiiday lets 

Posted: Wed Mar 10, 2021 2:02pm

Geo

Original Poster

Posts: 8

star2 helpful points

Location: Camposol

Joined: 9 Mar 2021

Posted: Wed Mar 10, 2021 2:02pm

PeterC wrote on Tue Mar 9, 2021 11:18pm:

Will60 has omitted IBI - 300 to 600 Euros p.a., car insurance say 400..

More importantly is do you have the income/deposited funds for you to qualify to come and live in Spain.

Hi we have been residents for three years we are moving from torreveja we have sold our house here at the moment we are key holders doing most work needed for holiiday lets as for car insurance I will stick with lina directa as I only pay 260 EUR a year for my merc citan van thankyou for the advice

Posted: Wed Mar 10, 2021 2:06pm

Geo

Original Poster

Posts: 8

star2 helpful points

Location: Camposol

Joined: 9 Mar 2021

Posted: Wed Mar 10, 2021 2:06pm

Anni20 wrote on Tue Mar 9, 2021 11:48pm:

I hope Geo did his homework before posting his query else the 3 replies above will make him run for the hills.....fingers crossed it’ll work out for you....

Hi we have been residents for three years we are moving from torreveja we have sold our house here at the moment we are key holders doing most work needed for holiiday lets thankyou for the feedback

Posted: Fri Mar 12, 2021 8:44am

Ali52

Helpful member

Posts: 201

star136 helpful points

Location: Camposol

Joined: 2 Apr 2019

Posted: Fri Mar 12, 2021 8:44am

Geo wrote on Wed Mar 10, 2021 1:57pm:

Hi we have been residents for three years we are moving from torreveja we have sold our house here at the moment we are key holders doing most work needed for holiiday lets 

Well then, you are laughing. You know all the pitfalls, and can just relax and enjoy yourselves. You will love it here.

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