How much do I need in the bank to get Spanish Residency?

No video

How much do I need in the bank to get Spanish Residency?

Рет қаралды 34,122

Күн бұрын

Video description:
**The information in this video was correct at the time of publishing for British applicants within the Withdrawal agreement**
“How much income will I need?” or “How much do I need in the bank?” have to be the single most asked questions about residency in Spain, and we do wish it was an easy one to answer - but it’s a lot more complicated than just a fixed figure.
Here's your video chapters:
00:00 - Intro
00:36 - tighten the rules
01:36 - we are talking about the new registration under the withdrawal agreement
01:56 - the government talk about IPREM
02:22 - What is IPREM
02:25 - IPREM rate
04:00 - Working in Spain
04:50 - Working abroad
06:11 - Self employed
07:05 - Back up proof if you're self-employed 'autonomo'
07:15 - State pension backed up with an S1
07:30 - Private pension
09:00 - Rental income from Spain
10:00 - Bank account
10:23 - Savings
11:30 - Recent money into an account
12:45 - Nota Simple
13:45 - Beneficiaries
14:45 - Wife as a beneficiary
15:10 - Summary
Check us out on Facebook:
/ upsticks.es
Check us out on Instagram:
/ upsticks_spain
IMPORTANT Links
Want to read more about this video? Checkout this article on our website:
upsticks.es/pr...
All about IPREM mentioned in this Video:
upsticks.es/wh...
All about the nota simple mentioned in this video:
upsticks.es/wh...
Check us out on other KZfaq Channels, Upsticks feature as the expert guests on the YouTooSpain channel:
/ @youtoospain
--------------------------------------------------------
Our main page - Here you will be able to navigate around our website and start the journey of moving to Spain:
www.upsticks.es
--------------------------------------------------------
Our news feed - Useful information and the latest updates, check out our news feed:
upsticks.es/news/
--------------------------------------------------------
Book a call and speak to the specialist - We offer a free 30-minute consultation call which will answer all of your questions and leave you ready to make the biggest move of your life:
upsticks.es/bo...
#chrisgoodacre#upsticks #upsticksspain #therealupsticks #chrisgoodacre #malaga #livingthedream
#NonLucrativeVisa #NIE #goldenvisa #spanishwills #euresidencyinspain #malaga
#visa #Visa #visaforspain #VisaForSpain #SpanishVisa #howtogetavisaforspain #howtogetaspanishvisa #howmuchdoesitcost #Spain #MovingToSpain #movingtospain #MoveToSpain #movetospain #SpanishPassport #LivingInSpain #livinginspain #SpainTravel #TravelInSpain #GoldenVisa #TravelSpain #expat #expats #ExPats #BritsInSpain #emigrate #Brexit #BritishInSpain #Irish #retiretospain #RetireToSpain #Brexit #selfemployedinspain #selfemployedspain #NLV #autonomo #non
lucrativevisainspain #spainbrexit #importcar #HowTo #ImportACar #nonlucrativeresidency #retirementvisa #mylawyerinspain #spaintax #movetoSpain #nonresidentSpain #FAQs #buyingahouseinspain #residencyspecialist #S1spain
#londonspanishconsulate #manchesterspanishconsulate #edinburghspanishconsulate
#spanishconsulate #spanishembassy #paperworkinspain #spanishbureaucracy #withdrawalagreement

Пікірлер: 116

@CJ-ph6zk 3 жыл бұрын

I got a loan for an apartment in Southern Spain. I keep only enough money in my Spanish account to pay my monthly expenses. I am a retired American but I had to show proof of a consistent monthly income to get the loan.

@paulnipper 2 жыл бұрын

Loads of great info and will need to be watched a few times to digest all the details, as it's a bit of a minefield getting residency for everyone's different scenarios. Personally planning to retire in two years in Spain, but anything could happen between now and then.

@halloweenjack8683 3 жыл бұрын

Good info thanks, we plan to retire to Spain within 5 yrs and will contact you to help do this the correct way. Please prepare a post Brexit vid when new rules are finalised

@mikemer79 3 жыл бұрын

We dont want you.

@garyt123 3 жыл бұрын

"The new registration system..." which isn't new, its just the same as its always been for third countries.

@eduardomg4066 3 жыл бұрын

Precioso acento británico y excelente castellano. Saludos desde Pamplona.

@Upsticks 3 жыл бұрын

Gracias Eduardo saludos desde Malaga

@eduardomg4066 3 жыл бұрын

@@Upsticks oh! Málaga is a very nice place to live I guess. I remember the calle Larios which serves as a main street and then there is an easygoing atmosphere... The weather is nice if you compare it with northern Spain... Anyway, good luck with all your paperwork and red tape. It is not so difficult at the end of the day, I think... Saludos

@lindagivembackmychildren109 2 жыл бұрын

Very in depth, thank you!

@snirge Жыл бұрын

does an EU Citizen (Irish) actually need to get a residence permit to stay over 90 days? Can't they just stay on under their Irish Passport

@katherineannablanter6012 4 ай бұрын

Hi! 3 years on, has much changed with the autonomo? I've got a few questions about registering as autonomo as an online tutor (I have a PhD in physics/biomterials): I'm Polish, trying to register in Valenica. I have already: NIE (just the number on a paper stamped by the immigration office) Padron in Valencia Private health insurance that covers me in Spain with no co-pays Spanish bank account (with upwards of 12k eur on it) EU passport/ID card I read that I have to go to the tax office, fill out a 037 form, and then bring documents from the tax office to register with social security. Then I can register as autonomo. After have all of the documents I listed above plus the registration as an autonomo, will that be enough to become resident here in Valencia, even before I have acquired any income or clients? Or do I need to show that I have already earned money as an autonomo and show that I have a certain lump sum/regular income from my self-employed work? Not sure what financial situation is expected of me. Thank you in advance!

@Upsticks 3 ай бұрын

Many thanks for your message and info, we have a fantastic colleague in Valencia who would be better positioned to answer your query, drop him and email to Kostadin Prokopiev

@DanUnplanned 2 жыл бұрын

This was a brilliant watch! My dad lives in Spain now! Me and my wife (who is eligible for Irish passport, but doesn’t have one yet) would like to move what’s the best way to start looking at this? Could she apply for her Irish passport while in Spain or not?

@Upsticks 2 жыл бұрын

Hi Dan, drop us an email to support@upsticks.es, and we can book a call to discuss the best options.

@hardinpardede2149 2 жыл бұрын

Hi we are a family of 4, looking to move to Spain to buy a property and start an outdoor tourism business, is it possible?

@stephenmurray5663 2 жыл бұрын

Thanks well explained good help!!

@Upsticks 2 жыл бұрын

MANY THANKS

@kennethwilson6829 Жыл бұрын

Hi great video, I did live in Spain from Oct 2016-Sep 2022 and did have our own villa but had to sale it because of Brexit, now back in UK. Now living on my own and looking going back to Spain to live, I do have a N.E. number and have a Railway pension of 597 euros a month. My age is 62 good health, where do I go from there to get back to Spain please, KEN

@Upsticks Жыл бұрын

Hi Kenneth, I think it would be best if you booked a call on our website so we can discuss at www.upsticks.es

@African.Diaspora.InLondonUK 2 жыл бұрын

from london brixton uk. very useful info video, will start saving.

@johnconroy9517 3 жыл бұрын

IF YOUR AN EU CITIZEN AND YOU GET RESIDENCE .. IS IT EPREM AND HEALTH INSURANCE

@paulhepworth2095 Жыл бұрын

Paul Hepworth. Have 2 children who hold Spanish passports but living in the UK. My first wife was Spanish and so was her parents. I own an apartment jointly with my Spanish ex partner, all paid for, Have 2 pensions totally 1100 a month and rental income from 3 properties in the UK of 3600 a month. What would be my best options to live in Spain.

@Upsticks Жыл бұрын

With that passive income you qualify for a NLV, book a call on the website we would be happy to discuss

@Steven-yp6dp 3 жыл бұрын

IS there anyway I can contact you about my parents who would like to retire in Spain but honestly we don’t have a clue on how to get that sorted due to BREXIT which we did NOT vote for.

@Upsticks 3 жыл бұрын

Sure, drop an email to support@upsticks.es with your details and we can book a call in

@Reverend-ek6kt 3 жыл бұрын

I didn't vote for it either... and now I want to move to Spain

@keithbloomfield1341 3 жыл бұрын

Something to look forward to in the not too distant future 🇬🇧🇪🇸

@razaelesilos8041 11 ай бұрын

Good day can I call you to see if I can hire you to process my residency or discuss this.

@Upsticks 11 ай бұрын

Check out the links below where you can book a call

@patrickoneill5405 2 жыл бұрын

If I am going to retire in Spain with my wife (who is a Spanish citizen but currently a UK resident) do these minimum financial requirements apply to both of us?

@Upsticks 2 жыл бұрын

Hi Patrick, If your wife is a Spanish citizen then she will not need to prove any income, but when you come to register as an EU family member you will need to show your economic means.

@patrickoneill5405 10 ай бұрын

Tnsnks

@lukebrown8580 2 жыл бұрын

Hi good video. I’m a UK citizen looking to relocate to Spain fully. Buying a property around 200k. My employment is in the UK but I work remote full time so Spain is where I want to live. What are my options mate?

@Upsticks 2 жыл бұрын

Thanks for watching Luke, if you have an Eu passport then that's fine you can live in work remotely from Spain, if you have a UK passport your options are limited tbh until the dig nomad visa is approved

@steevemills6364 3 жыл бұрын

Hi, Great video and very informative. You mention a few times that certain documents need to be translated into Spainish. My question is, who is ok to do this. Can a Spanish friend or colleague do this for you as they speak the language or does it have to be done in an official administration type of set up Eg: Solicitor etc. Any help appreciated. Regards

@Upsticks 3 жыл бұрын

The translations need to be done by an official translator of the state and stamped with there name a registration number, here's the email address for the company we use at upsticks for our clients nieves@andracayroman.es hope this helps

@steevemills6364 3 жыл бұрын

@@Upsticks Thanks for that. Sorry for delay in replying, i moved house recently. Hopefully next big move will be to sunny Spain. 1 step at a time. Thanks again

@chelseabutler7638 Жыл бұрын

Hi there. I'm an webcam model which means i can make an income from my laptop anywhere i am. Would this make it more difficult for me to get residency? Regards Chelsea

@SuperbTraveler 2 жыл бұрын

Is my Bank Certificate still valid. It has a date of February 18, 2022 and my appointment date will be on April 25, 2022.

@Upsticks 2 жыл бұрын

Nope it will need updating

@SuperbTraveler 2 жыл бұрын

@@Upsticks why? How about my Med Cert and NBI clearance? Is Feb 18 too late?

@Upsticks 2 жыл бұрын

@@SuperbTraveler its always best to have it issued as close to the appointment as possible

@elizabeththornton9968 2 жыл бұрын

Thank you for the video very helpful I have a question to ask if I may please My bank stamped my bank statement but refused to sign it apparently it is a strict rule not to sign Will the Spanish embassy in London reject my NLV application? Thank you

@murciavillasproperties 3 жыл бұрын

great info - thanks

@anulaluna 2 жыл бұрын

Thank you for this video. I’m a EU national, from Finland. I moved here in 2020 with my British partner, whose residency application was put on the fast lane (due to Brexit) and mine got left until the offices could receive normal volume of applications. We moved counties in 2021 and although in Granada, I was told I only needed a ( sufficient deposit in a) Spanish bank account, in Huelva (our new place of residence) my application was rejected due to me not having a proof of work. Our lawyer said that although it was an unfair outcome, that’s how it is in Spain. Depending on where you are.. We are farmers and our income would be very seasonal / limited. I’m worried about the tax I’d have to pay as autónomo if I register as such. My partner is retired and we are not married. Could I still be his beneficiary? We have enough funds to prove that we can live without sponging the social security ( as the official in Huelva claimed was my intention). If I could earn up to the limit as autonomo, I’d register as such, but as we are only just starting, I am worried it’s not going to be enough anyway. Sorry for the long text, I’d be very grateful for any pointers. (Otherwise, just to keep the algorithm going!)

@Upsticks 2 жыл бұрын

Hi Anu many thanks for your great explanation of your situation, we work with a specialist for people on similar situations so drop us an email to support@upsticks.es

@equitaspropertyspain2335 3 жыл бұрын

Good video.

@vandemon1822 3 жыл бұрын

Hi I've been buying a property in Villamartin Spain for 18 years now with the the bank Bankia unfortunately I don't retire on a full pension untill 12th December 2021 Would it be hard now that UK are leaving the EU .

@mikemer79 3 жыл бұрын

Can i ask you how much is your pension?

@leegilmour8090 3 жыл бұрын

What if you have a few rental properties in the UK would that do?

@JDRELGOR 3 жыл бұрын

Can you tell me about retirement is Spain? we both have an income. Just buying in Huercal Overa.

@aleli5105 3 жыл бұрын

Thank You!👍

@marievague9169 3 жыл бұрын

Great information and great videos. Only just stumbled onto your videos.my husband and I are moving out in 2 years from the UK and I know a lot can change before then. We will be retiring early (55) we won’t get an income but will have savings of around €250 k and my husband has a pension which is around €130k which he will draw down on every month. Would be eligible to apply for a NLV as it’s not strictly income it’s savings?

@Upsticks 3 жыл бұрын

Hi Marie, you should be fine to get a NLV under the current circumstance. We will be doing an updated video soon on NLV financial requirements, so stayed tuned and don't forget to book a call in with us when your ready to come to Spain using the email address support@upsticks.es

@proteus1 2 жыл бұрын

Can I move to Spain as a Brit at over 50?

@Upsticks 2 жыл бұрын

Depends on many things, check out our website www.upsticks.es and book a call so we can discuss

@Leprechaun886 2 жыл бұрын

So then if I buy in spain now I'm irish I can stay 90 days after that have to apply for residency If I stay longer ? So what happens to my property the rest of year if I come home after 90 days can we rent It out ? This has really messed up our future,

@Upsticks 2 жыл бұрын

If you are Irish you have the same rights as any EU citizen to stay if you wish to and apply for residency and rent your property out if you don't stay. We'd be happy to clarify any concerns you may have if you book a call on our website at www.upsticks. es

@madeleinecrouchman4316 3 жыл бұрын

Hello, I hope you are well and staying safe. Thanks for the video. I am moving to Spain in 2 weeks with my partner to live and work, and worried about the residence card. I am leaving my current job in the UK as they can't keep me on whilst living abroad. I am applying for jobs in Spain now, but it is difficult as I don't speak Spanish as of yet. How easy will it be for me to find employment? I am a UK graduate.

@madeleinecrouchman4316 3 жыл бұрын

Also, how long do I have in Spain to find employment before I have to apply for the residence card?

@Upsticks 3 жыл бұрын

Hi Madeleline , thanks for your comment. I'm afraid we couldn't tell you how easy it is to get employment in Spain, a lot depends on your expertise and area you live, also the type of employment you are looking for. Our advice is to submit your residency application as soon as possible once you have found a job.

@madeleinecrouchman4316 3 жыл бұрын

Thank you for the reply. Yes I think that’s going to be my best bet. I know with the current climate it is difficult to find employment anywhere. I am moving to Barcelona so hoping there will be quite a few opportunities open in the city.

@mikemer79 3 жыл бұрын

@@madeleinecrouchman4316 did you find a job?

@robbo971 3 жыл бұрын

Hi, what are the requirements now to obtain residency in Spain. I plan to retire to my apartment in Torrevieja, hopefully in 3 years time. I recently read a BBC article stating you need an income of €2000 month. My partner and I will be living off my pension for a few years until she receives her state pension, plus we should have substantial savings. I understand we will need private health insurance too.

@stephanguitar9778 3 жыл бұрын

It seems like a lot of money. I too have been looking at this. Our basic costs in the UK are only £8k per year and Im sure we could live very well in Spain on a lot less than 2000 Euros per month.

@stephanguitar9778 3 жыл бұрын

This might explain it better. kzfaq.info/get/bejne/aLSjfqSk0JrMgJ8.html Seems you can have a years cash up front in your bank account ie 26000 Euros for the 1 year non-lucrative visa and the following year you can get a 2 year visa if you have 52,000 Euros in the bank if you dont have that obvious 2K income. Doesn't mean you have to spend it all.

@maxsam1537 2 жыл бұрын

Hi I need to apply for non lucrative visa. Do you do this kind of thing? . Thanks

@Upsticks 2 жыл бұрын

Hi Max we sure do drop us and email to support@upsticks.es and we will get a call booked in with you

@ItsJustBS Жыл бұрын

So if I got 10mill it’s no problems

@Watches_Radios 2 жыл бұрын

I’m confused. We have circa £150K from a UK property sale. How much would I need for me and my wife to apply for Visa.

@Upsticks 2 жыл бұрын

It depends on which visa you are applying for, you can book a call on our website to speak to someone if you wish re the requirements

@Watches_Radios 2 жыл бұрын

@@Upsticks we have already booked appointment for August seems you guys are busy. We are looking to stay long term. Thank you

@Upsticks 2 жыл бұрын

@@Watches_Radios great look forward to speaking to you ;)

@edwarddesenne6153 3 жыл бұрын

No explanation of non lucrative residency visas application by British pensioners for retiring to Spain and able to become permanent residents after 2 yrs of living in Spain !

@ffi1001 2 жыл бұрын

2 years?

@madeleinecrouchman4316 3 жыл бұрын

Hello. I am a British National who recently moved to Barcelona around 10 days ago and looking to apply for my NIE ASAP. With regards to the TIE - Can I apply for the TIE if I get a job from UK company working remotely and living in Spain?

@Upsticks 3 жыл бұрын

Using income from a job in the UK is tough especially if you've just a arrived here as they want concrete proof you live here. Some of our other vids re the income and requirements should help

@robertbrown8362 3 жыл бұрын

Can you travel to Spain wearing an exemption lanyard and not have to wear a mask? i am exempt in the uk,im due over in Spain soon

@rossco5409 3 жыл бұрын

@@robertbrown8362 no exemptions

@breizhpaella 2 жыл бұрын

Merci encore pour votre professionnalisme, mon oncle vous contactera bientôt. Bien cordialement, Julien

@xboxonegameplay9842 3 жыл бұрын

How many years do you have to work in Spain to get Spanish pension ?

@Upsticks 3 жыл бұрын

Check out this link www.seg-social.es/wps/portal/wss/internet/Trabajadores/PrestacionesPensionesTrabajadores/10963/28393/28396/28472

@xboxonegameplay9842 3 жыл бұрын

@@Upsticks That website says 15 years and 2 of those must be in the last 15 before retirement. Is that up to date, I thought it had changed to 25 years recently ?

@Upsticks 3 жыл бұрын

@@xboxonegameplay9842 the website is the official social security Web page, to be honest we don't deal with thses matters normally. The best thing would be seek the advice of a "gestor" that deals with work related matters. They are experts on this field

@xboxonegameplay9842 3 жыл бұрын

@@Upsticks but he will want paying and the question was just a general question that most people could answer. If you asked the same question but concerning UK pensions I wouldn't direct you to a solicitor or pension advisor, I would just tell you

@Upsticks 3 жыл бұрын

@@xboxonegameplay9842 you question has no relevance to the video and we do not deal with Spanish state pensions. I was mearly pointing you in the right direction. Have a wonderful day.

@geraldinemcardle2418 3 жыл бұрын

From Ireland how much should we have in now 2021

@manuelrodrigo4500 3 жыл бұрын

Irish citizens fall under the EU category. Immigration guidelines regarding money requirements are around €5500 per person for a year .

@bukazlatan8576 3 жыл бұрын

Hello, I'm new to forex trade And have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what I'm doing wrong

@aguinaldojessa1162 3 жыл бұрын

All you need now is a professional broker else you gonna continue blowing of your account.

@lingmaiyamaiya6123 3 жыл бұрын

Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.

@jessicajames1430 3 жыл бұрын

Same here its four months now I started investing with them and it's been a good experience

@aguinaldojonh6284 3 жыл бұрын

Honestly, this is where my question lies I have lost over $700 in trading. How can I be oriented or educated about forex trade

@lynncobb3219 2 жыл бұрын

ARGGH *SPECIFICALLY!

@patriciasammy8994 3 жыл бұрын

Sir, you speak too quickly and in undertones. Much of what you said was lost. Thought you should know

@Upsticks 3 жыл бұрын

Many thanks for your comments I will try to improve in future videos

@halloweenjack8683 3 жыл бұрын

I thought it was very clear !

@philipcampbell6548 3 жыл бұрын

Hello. I am seeing this video in Jan. 2021. I would like to settle in Spain. I own a flat in Alicante City which I bought in 2019. Am I able to move to Spain and live in it ? or should I Just get rid of it? I am a British Citizen living in the UK. I am 60 years of age. What are my prospects ?

@Upsticks 3 жыл бұрын

Hi Phillip, you can still move to Spain but now you will be subject to third country national rules and need a visa

@stephanguitar9778 3 жыл бұрын

Im looking at this too. Its either the 90 days per rolling 6 months Schengen visa or a non-lucrative residency visa which says you have to have an income of 2000 Euros per month for a couple (don't quote me on this but is all I can find)

@jasbindersingh2441 3 жыл бұрын

Too late mate. Now you got to stump up proof of income etc etc . Should have slipped in before end of last yr like I did 5 yrs ago and did your 5 yrs of six months each yr - by now you would have got residence under the old system .We all knew this day would come

@stephanguitar9778 3 жыл бұрын

@@jasbindersingh2441 Responsibilities and covid got in the way of plans. Mice and men etc.

@musicloverUK 3 жыл бұрын

@@stephanguitar9778 I thought the 1st person had to have 2000 and subsequent persons living with 1st person in same house needed £500 each on top.