The story of our adventure in Spain
In October 2002 we purchased a holiday flat in Guardamar on Spain's Costa Blanca - not far from Alicante and Torrevieja and we try to spend a good part of the year in Spain.
This blog hopefully will contain our thoughts and impressions of Spain - the good and the bad and lots and lots of photographs of not only Guardamar but the rest of Spain as we eventually get to explore it.
Friday, 3 August 2012
New residency requirements
As from the 9th July new rules apply with regard to nationals of the European Union who wish to reside more than 3 months in Spain - Order 1490.
Residents must prove they have sufficient income so as not to become a burden on the state and are either covered by private health care or covered by the National Health system of their originating country.
I'm sure this is going to become a logistical nightmare for some people and I can not ascertain from the documents I've read whether this applies to people already living in Spain who have residency documents already.
In the short term it will deter people from entering Spain to live and no doubt have an effect on the property market.
We await further news ..