Can I live in Lanzarote after Brexit?

After Brexit, all British citizens are required to ensure they've proper documentation to legally live in Spain as a resident: Get your residence permit or Tarjeta de identidad de extranjero (TIE) within 30 days of your arrival. Get your NIE number, your foreigner tax identification number.



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Since 1st January 2021, the UK is now considered as a “third country”. Any British citizen who wants to emigrate to Spain (or stay for longer than three months in the country) will need to apply for a visado nacionale (long-term visa). This includes those who have a second home in Spain, but no form of residency.

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If your intention is to live in Lanzarote for more than three months in the year, then you are – by law – required to apply for a Residence Certificate if you are an EU citizen.

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Financial requirements for retiring in Spain If you're a non-EU/EEA citizen who wishes to retire in Spain, you'll need to prove you have enough income to support yourself without income from employment. As of 2021, the minimum figure for this is currently set at €2,259 per month or just over €27,000 per calendar year.

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If you're thinking of purchasing a property, a car or relocating to live in Lanzarote, you're going to need an NIE. This will be your tax and identification number on the island. For those of you starting a new life, you'll need help applying for residency in Lanzarote or a TIE.

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Anyone with a sufficient motive or connection can become a resident of the Canary Islands. However, if you have decided to spend a long time in the Canary Islands, you will need a residency permit.

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Packing up your belongings and moving to a new country may seem a little daunting at first. However, with some help and advice from people who know the island, moving to Lanzarote can be a stress-free process - well, as stress-free as finding a new forever home can be anyway!

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The Climate is Amazing in Lanzarote Practically All Year Round. Lanzarote island life is probably made for you if you hate winter and you are always trying to escape the cold. Here in Lanzarote the lowest daytime temperature level is around 23 ° in winter so even winter resembles spring!

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Lanzarote's Cost of Living versus Mainland Spain On average rent prices are 23% less than in mainland Spain. Generally Lanzarote's consumer prices are 21% lower than Spain. Prices in Lanzarote restaurants are 27% lower than mainland Spain. Prices in Lanzarote's supermarkets are generally 14% lower than Spain.

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Consider what you need from your Lanzarote property, assess how much you want to spend, and see where the best place for you will be on this beautiful island. Are foreigners allowed to buy property in Lanzarote, Spain? Yes.

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Once you are resident in Spain, most UK pension income is taxed in Spain and not liable to UK taxation. The exception is government service pensions, which remain only taxed in the UK. There is no 'tax-free lump sum' in Spain.

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Arranging your healthcare in Lanzarote If you're a resident on the island and employed or self employed, making regular social security contributions, you are entitled to free healthcare. Your children will also be covered by the state healthcare in this case.

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It is the fourth largest of the islands. Most of the inhabitants are of Spanish decent. This island has been named as an interesting and low cost place to retire, which also benefits from a lower cost of living. The capital, Arrecife, has a population of 59,000.

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You can stay in Spain for a maximum of 183 days per year (6 months) in order to not become a resident. If you spend an extra day (184 days and onwards), you will be regarded as a resident, hence paying resident taxes in the country.

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You can certainly get more for your money if you shop around, especially in popular locations like Costa Blanca, Costa Cálida, and Costa del Sol. Whether you're looking to buy a holiday home or a rental investment, you'll likely find your dream property in Spain at a surprisingly affordable price.

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