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Retiring to Caleta

Posted: Fri May 29, 2020 7:48am
4 replies309 views3 members subscribed
Bevg

Posts: 4

1 helpful points

Location: Corralejo

Joined: 8 Aug 2019

I am looking to retire to Caleta in the next couple of years but am getting very confused as to how much income/ savings I will need to be able to qualify for a non- lucrative visa. Everywhere that I have looked has different values,  or none at all,  just a comment like ' need to have enough income to support yourself'. ???

I will have a pension of  approx £1150 per month plus savings of about   £200,000 and a property with no mortgage.

Thanks for any clarification

Al

Posted: Tue Jun 2, 2020 8:44am

Al

Posts: 25

3 helpful points

Joined: 2 Aug 2019

Posted: Tue Jun 2, 2020 8:44am

That's a generous income to live on.

Not sure how old you are, state pension etc but factor in private health care which can be expensive with previous or current medical conditions. Apart from that, factoring in the cost of living here you are good to go. You just have to navigate post Brexit conditions to become resident here....instruct a professional to help you with this. Good luck

Bevg

Posted: Tue Jun 2, 2020 11:42am

Bevg

Original Poster

Posts: 4

1 helpful points

Location: Corralejo

Joined: 8 Aug 2019

Posted: Tue Jun 2, 2020 11:42am

Al wrote on Tue Jun 2, 2020 8:44am:

That's a generous income to live on.

Not sure how old you are, state pension etc but factor in private health care which can be expensive with previous or current medical conditions. Apart from that, factoring in the cost of living here you are good to go. You just have to navigate post Brexit conditions to become resident here....i...

...nstruct a professional to help you with this. Good luck

Thank you for your reply,  that's quite reassuring.  I'm taking early retirement from the NHS so it's a work pension. Won't be getting state pension for another 10 years or so

FluffyPen

Posted: Tue Jun 9, 2020 12:15pm

Posts: 28

1 helpful points

Location: Caleta de Fuste

Joined: 5 Aug 2019

Posted: Tue Jun 9, 2020 12:15pm

This might help: Cost of Living in Fuerteventura

Bevg

Posted: Tue Jun 9, 2020 1:18pm

Bevg

Original Poster

Posts: 4

1 helpful points

Location: Corralejo

Joined: 8 Aug 2019

Posted: Tue Jun 9, 2020 1:18pm

FluffyPen wrote on Tue Jun 9, 2020 12:15pm:

This might help: Cost of Living in Fuerteventura

Thanks!

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