Thanks for the video. Very helpful indeed. We’re looking at making the move from France to Spain next year and as we’ll eventually buy a property the overall budget yearly cost would be very favourable. As you say depends on your own lifestyle and costs could go up or down depending but certainly is a very good indicator. This is the type of info we’re collecting as in water costs, electricity costs etc etc. Well done and thanks again 😊
Thank you for the info, it’s greatly appreciated. I live in the US and had originally wanted to move to Mexico, but the requirements are much greater than Spain plus you don’t have to deal with the Crime situation. I would like to hear your thoughts on Taxes. And did I hear you say this is based on 2 people?
Great info Colin, thanks for doing a video on this mate it’s really insightful. What sort of figure would you include for your annual legal costs for tax returns etc? 👍🏼
Hi, you’ve used a 4 week multiplier x12 which equates to 48 weeks in the year therefore you need to multiply your total 4 week costs costs by 13. I would also add a cost for health insurance even if you have S1 and then add 1000 for any emergency or flights etc. therefore, all in, approx. 24000 euros a year.
Rough cost a month can be a lot cheaper or a lot dearer depending how yo want to spend on your rent food dinning out clothes shopping usage of electricity ⚡️ and of course if you need healthcare need include if retirement no need you will be covered by the uk 🇬🇧 healthcare’s S1
Listen to upsticks podcast. I’m sure they said for a couple on a non lucrative visa (after the first year) - it’s been extended to 4years you need per year 72000 e in your bank account then you have the option of residency after then. I’ve not looked into it properly we are trying to get a German passport through my husbands mother.
its the 28k a year eprem thats stopping me retiring early and moving.im gonna have to wait as only 52 and cant get pensions for ages if i sell up in uk and buy a property i will have no income to live on if i have to put 28k in the bank for 5 years
Thanks Colin, I started looking into this recently myself in preparation. Good to hear your perspective to back it up.
Cheers
Glad it was helpful!
Thanks for the video. Very helpful indeed. We’re looking at making the move from France to Spain next year and as we’ll eventually buy a property the overall budget yearly cost would be very favourable. As you say depends on your own lifestyle and costs could go up or down depending but certainly is a very good indicator. This is the type of info we’re collecting as in water costs, electricity costs etc etc. Well done and thanks again 😊
Glad it was helpful!…exactly that you can make the budget whatever you like …high or low …..just a guide 😀👍…as you see in the video 🇪🇸
Thank you for the info, it’s greatly appreciated. I live in the US and had originally wanted to move to Mexico, but the requirements are much greater than Spain plus you don’t have to deal with the Crime situation. I would like to hear your thoughts on Taxes. And did I hear you say this is based on 2 people?
Yes budget was on 2 people
Taxes are 21% 22-% higher than uk 🇬🇧 but lower than some of the other European countries
Great info Colin, thanks for doing a video on this mate it’s really insightful. What sort of figure would you include for your annual legal costs for tax returns etc? 👍🏼
I pay my account €40 a month because I’m self employed…but the costs at
Round €150 for a lawyer to do a yearly tax returns
Hi, you’ve used a 4 week multiplier x12 which equates to 48 weeks in the year therefore you need to multiply your total 4 week costs costs by 13. I would also add a cost for health insurance even if you have S1 and then add 1000 for any emergency or flights etc. therefore, all in, approx. 24000 euros a year.
Rough cost a month can be a lot cheaper or a lot dearer depending how yo want to spend on your rent food dinning out clothes shopping usage of electricity ⚡️ and of course if you need healthcare need include if retirement no need you will be covered by the uk 🇬🇧 healthcare’s S1
Colin, do you know re the IPREM… if I had a lump sum of 280k in my bank account, would that satisfy the rules for 10 years??
Honestly couldn’t tell you …but a Spanish immigrant ions lawyer would know and fix everything for you
Listen to upsticks podcast. I’m sure they said for a couple on a non lucrative visa (after the first year) - it’s been extended to 4years you need per year 72000 e in your bank account then you have the option of residency after then. I’ve not looked into it properly we are trying to get a German passport through my husbands mother.
Hi, is that 350 EUR per month or per year for car insurance?
A year and that’s full comp with breakdown included …all insurance in Spain comes with breakdown cover no extra cost
Yearly
its the 28k a year eprem thats stopping me retiring early and moving.im gonna have to wait as only 52 and cant get pensions for ages if i sell up in uk and buy a property i will have no income to live on if i have to put 28k in the bank for 5 years
Retirement is better you will qualify easy no need for health insurance you will be covered S1 form
@@paradiseworldvideos3859 yes when im 67 i can get S1im only 52 lol.im planning on selling uk home when im 60 and moving then
your budget doesnt include health insurance.i think thata about 2k a year but im not sure
I did show at the end if you were not retired you have to pay health insurance
You can get on the Spanish healthcare for 60 euro a month after 12 months it's called convinio especial. 👍🏴🦊
Be Qiute starmer finds out he will attack us with money charges
that visa are for them from uk we from norway not need that
Only for non eu citizens
thanks.you have missed a zero off your yearly total😂 £2190 a year....cheap as chips🤣
Ok thanks 😃