Up to date financial requirements for residencia application

Mick72 wrote on Thu Jul 2, 2020 9:29pm:

Evening,

Murcia is currently 3 months proof in Spainish bank. €15000 savings and proof of monthly income €1250 per couple. This is for people below pension age.

PeterC wrote on Thu Jul 2, 2020 10:52pm:

Is this just for EU citizens, or people from anywhere?

Mick72 wrote on Thu Jul 2, 2020 9:29pm:

Evening,

Murcia is currently 3 months proof in Spainish bank. €15000 savings and proof of monthly income €1250 per couple. This is for people below pension age.

Fraserwill wrote on Fri Jul 3, 2020 8:13am:

Hi Mick thank you very much for the information. It’s really appreciated. 

Regarding the €15,000 in Spanish bank - do you know if it has to be in one account or could it be split between a current account and an investment set up by bank? 

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Also very worrying that there are no appointments for UK nationals. 

Can I ask do you arrange residencia for others or was it purely based on your own experience? Just my lawyer is not overly responsive so will probably go through another channel. 

Fraserwill wrote on Fri Jul 3, 2020 8:13am:

Hi Mick thank you very much for the information. It’s really appreciated. 

Regarding the €15,000 in Spanish bank - do you know if it has to be in one account or could it be split between a current account and an investment set up by bank? 

Read more...

Also very worrying that there are no appointments for UK nationals. 

Can I ask do you arrange residencia for others or was it purely based on your own experience? Just my lawyer is not overly responsive so will probably go through another channel. 

Sunnyspain wrote on Fri Jul 3, 2020 1:29pm:

We are in the process of obtaining residency in mazarron. We own our home out right and have been advised we only need copy of deeds and do not require proof of income or savings. Once we have applied I will post a thread.

paulsav wrote on Fri Jul 3, 2020 1:28pm:

No need to panic, CAB have issued the changeover to TIE,s are now imminent and more info as to applying from 6th July. Spain is starting TIE,s early as we,re still in EU and TIE,s are for non EU people. Still you,d need to change later anyway so might as well do it on first application. Still ok ...

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...to get residency via a TIE instead of old system by January 2021, and believe financial requirements are as per old system, not as per new 32,000€ (couple) requirement after January.

Regards

Pauline.