01 Apr 2007 4:50 PM:

Hi

Bobaol, you said that a repayment on a 200,000euro mortgage would be about 550 a month with start up costs of 40,000.

Can you clarify for me is that a property worth 240,000 - putting down 40,000 and having 200,000 to pay off or the property worth 200,000 and having a mortgage of 160,000 to pay off at 550 a month?

Hope that makes sense. I'm just trying to get an idea of how much repayments would be so I can work out what we could afford on my Spanish salary.

Thread: Mortgage advice for a 36yr old, never had one before man,,,and a bit of other .....

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11 Mar 2007 5:17 PM:

Thank you miket. I was also paying into a private pension from 1992 to 1999. And a final salary pension since 1999. I will phone both companies and tax office here to find out what I need to do. Just waiting to see if I've got the job before doing anything official.

Can my partner carry on paying into his UK private pension when working amnd residing in Spain?

Thread: Social Security payments

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11 Mar 2007 1:25 PM:

Hi

I have been paying NI for 23 years in the UK so it's good to know that it can be linked to the Spanish system. Just a few more questions which I hope someone can answer for me.

Would I get a pension from the UK and Spain? Or is it all put toogether?

I've heard you need to be paying for a minimum of 15 years into the Spanish system to receive a pension - is this true? My partner will be starting work there a couple of month after his 50th birthday so would he lose out or just not claim until a couple of months after his 65th? What happens to all the NI he has paid into the UK system - 34 years worth?

I was told at my job interview that I would pay about 6% of my gross wages into SS - this is at least half of the 200+ euros that someone said was the minimum. So how does that work? Will my employers be paying the rest?

 

Thread: Social Security payments

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17 Feb 2007 12:00 AM:

Hi, I'm new to this site and was wondering if any members are teachers working in Spain. I had an interview for a job last week but won't know if I've got the job until March..

We are definitely moving to Spain this summer so any info. about working in Spain would be great.

Thread: UK qualified teachers in Spain

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