Spain’s public index figures, you must have a minimum of €27,115.20 in a bank account or a minimum monthly income of €2,259.60.
Additionally, each family member under the visa must have evidence of a further €6,778.80 in the bank or €564.90 of monthly income.
Finally, the application will require an interview with a consulate. Should your visa be approved, you should hear back from the consulate in roughly one month, and once you have received your visa, you can enter Spain within three months of the date of which the visa was granted.
Tarjeta de Identidad de Extranjero (TIE)
A TIE is a form of biometric identity or residency document and is issued to foreign nationals who have the right to live in Spain.
If you have the right to live in Spain following Brexit, under the terms of the Withdrawal Agreement, or if you have been granted a visa, then you must apply for a TIE.
For those that have been a resident of Spain for less than five years, you may receive a temporary TIE, which is valid for a further five years. However, if you have been a resident for over five years, you will be issued a permanent TIE which is valid for 10 years.
An application for a new TIE should be made one month prior to expiry, or within three months following the expiry date.
What are the benefits of living in Spain?
As you’d expect, there are so many benefits associated with living in Spain, some of the most obvious and well-loved factors being:
- The climate – Spain boasts an impressive 320 sunny days a year, so if you’re a fan of warmer climes and you love noting more than to soak up the sun’s rays during the day, you’ll be perfectly happy settled in Spain.
- The cuisine – other than the undeniably gorgeous weather, Spain is famous for its fantastic food and drink. From Tapas to Sangria, you’ll always be spoilt for choice.
- The history and culture – rich with history and flamboyant with culture, Spain is full of wonders for you to discover, as well as many traditions for you to enjoy throughout the year.
- The relaxed pace of life – the Spanish know how to take life on life in their own stride. If you’re looking for a more laid-back pace of life with less stress, Spain may be the perfect place for you.
- The cost of living – overall, Spain has a relatively low cost of living. From groceries to medical bills, you can live comfortably in Spain for many years to come.
With so many benefits associated with living in Spain, its no surprise that so many people choose to move to Spain from the UK every year.
Are you interested in moving to Spain?
Andrew Brown and the team are well versed in both the process of moving abroad, as well as the Spanish property market, allowing us to help Brits make the permanent move to sunny Spain.
Simply get in touch with us today to discover more about moving to Spain from the UK, such as how to find your perfect property at Mar Menor Golf Resort.