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Emigrating to Spain after Brexit may seem daunting. At Regency FX we help you achieve to the most from the currency you are converting when emigrating to Spain.
As an independent currency specialist, we have lower overheads than the banks enabling us to pass the savings on to you. We will help you through the emigration to Spain process guiding you through the steps you need to take with all the information you need.
We can also discuss and agree on the right time to exchange your money, rather than using a bank or online-only system and having to accept the rate they give you on the day, ensuring your emigration to Spain from the UK is utterly seamless.
And our emigrating to Spain after Brexit guide will take you through the red tape so you can avoid the pitfalls of emigrating to Spain.
I am sure you have thought of moving to Spain from the UK before, well I am going to give you all the information you need to make an informed decision.
From what emigrating to Spain after Brexit looks like to ensuring your emigration to / from Spain is simple and seamless to make emigration from Spain a reality.
Brexit affected many things including going to live in Spain. You now require a visa if you want to become a permanent resident in Spain after Brexit.
Now that the UK is not in the EU anymore, they are not considered to be EU citizens anymore, this is the reason you would need to apply for a visa if you wanted to stay in Spain for any longer than 3 months.
There are 3 main types of visas in Spain which are: residency, student and work and residence. You need to pick which one applies to you personally, then start to apply for it.
The documents that are required from you to apply for a visa in Spain are: a valid passport, a medical certificate within the last 3 months, criminal record certificate provided by the UK police, a recent passport size photo of you, a completed application form and a copy of your employment contract.
Along with providing these documents you need to pay a fee and be patient and wait for the application to process correctly. After 5 years you are eligible to apply for a permanent visa.
Trying to get a job in Spain as a British expat can be difficult especially if you cannot speak Spanish. Therefore, job boards exist, the main ones in Spain to look out for are: TEFL Iberia, TtMadrid, Expatica Jobs, Monster, ThinkSpain, The Local, Indeed and Graduateland.
Using these job boards will help your job hunt significantly and you can narrow the search down to what type of jobs you are interested in rather than just sifting through thousands of vacancies that you do not wish to do.
Generally, the cost of living in Spain is quite a lot less than the UK; obviously, that depends on what part of Spain you go to and your style of living, but overall Spain is cheaper.
A few examples of the cost difference are a pint of beer in the UK is around £3.67 whereas in Spain it is £2.17. A three-course meal in the UK is around £50 whereas in Spain it is more around £35. These savings can add up over time quite dramatically!
Renting and buying property is also cheaper in Spain compared to the UK. Spain is roughly 25% cheaper than the UK. Furthermore, bills can come up around 35% less in Spain.
Currently there are no restrictions against non-Spanish residents buying property in Spain. To find property in Spain have a look on Trovimap.com, Fotocasa.es, Idealista.com and Pisos.com.
Most people prefer to rent a place first due to the fact they do not know the area well and by doing it this way it gives them as much time as they need to scope out the area and look at potential properties.
Good websites for renting property in Spain are Yaencontre.com, Habitclia.com and Kyero.com.
The healthcare in Spain is excellent, they were ranked 19th in the world back in 2018. If you live and work in Spain then the healthcare is free of charge; alternatively, if you are a student under 26 years of age then you might also be applicable for free healthcare.
On the off chance that you are not able to get this then you can apply for the UK to pay for your healthcare in Spain; for people that are receiving a UK state pension then you can fill out an S1 form. There is also always the option for private healthcare too.
It would be a particularly good idea to open a Spanish bank account especially if you are thinking of becoming a permanent resident. It can make things like getting your wages in Spain a whole lot easier for you and your employer. There are two different types of accounts, a resident account, and a non-resident account; if you are unsure which to pick then you can arrange an appointment with the Spanish bank near to you.
You will need your Spanish foreigner identification number and certificate to be able to apply for a resident account and proof of employment as well as proof of address and a valid form of ID.
Regency FX are a UK based independent currency broker, specialising in high volume transfers.
We pride ourselves on our premium level of customer service, you will be allocated your own personal account manager whom you will have direct access to.
All funds transferred through Regency FX are made using client segregated accounts in accordance with the FCA (Financial Conduct Authority) guidelines.
The important thing is the comparison, online rates shown on Google and other search engines are not always accurate for the consumer.
They can often refer to the rates that banks exchange at rather than what is available to you, the customer.
Even if you are just looking for property at this stage it is worth getting in touch to discuss your options.
We can monitor the market on your behalf enabling you to budget more effectively.
As a first-class currency transfer service, here at Regency FX we endeavour to get the best available rate regardless of how much you are transacting.
Get a quote and see how we stack up.