Not everyone retiring or emigrating to Spain has the funds to lead a millionaires lifestyle in Marbella. On the contrary, many people have the intention of leading a more simple life, even along the Costas. However, unfortunately the reality is due to a lack of information and little planning, many people find that the costa living (pardon the pun) can be on par with that of back home and in some cases even more!
Planning your budget for a new life in Spain should take place before you have even left the UK. Be imaginative and plan for the worst case scenario. Of course, everybodys financial situation will be different but people need to make an allowance for the following and what ever else comes to mind.
Removals.
Flights.
Hiring a car until you buy one.
Buying a car.
Insuring it and paying for it to be put in your name, oh yes you have to pay for that!
Renting until you have found somewhere to buy or your off plan has been issued the License of Occupation.
Storage for your belongings whilst you are renting.
Furniture and all the work associated with your new home.
School fees.
Medical...
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