Depends on the country. If UK brings in the rule for income then I'm sure the other countries would do as well.
Germany already has a minimum income, for non EU members, of €35,000. France, according to ec europa.eu, a non EU citizen "Since January 2017, France set the minimum annual gross salary threshold at 53,836.50 EUR."
Portugal has a much lower rate and only asks that you have a "regular and sustainable" income of more than €1,700 per month per person.
The salary threshold in UK was announced at £30,000 a year but I think I read they have reduced it to £26,500.
And it will, of course, depend on any deal or no deal agreement. Nothing set in stone yet and individual countries could set a different limit but I wouldn't hold my breath on that one. If UK requires EU citizens to have that income then I can't see why the other countries won't reciprocate.
See, that's the thing with leaving the EU. EU citizens have a different minimum income laid down by the EU and is set down in their rules which equates to the median pay or pension earned in EU countries. When we leave the EU, no such protection will be in place hence the reason countries set the limit themselves.
The sums that Spain requires is laid down in an official government website which I can't find for the moment but I'll see if I can find it. You can also gain residency by having 3 times the annual figure in savings but you will only get a residency permit for 2 years when you have to show the same amount, then 2 years after that and 1 year after that when you gain permanent residency. At eavh renewal you have to show you still have the income or savings. After 5 years there is no need to prove income and your residency will be renewed for a further 5 years.
Possibly the main reason the gov (Brit and Spain) is telling Brits to legalise their status before 1 Jan 2021.
Edited this as the sum is Portugal is €1700 a couple, not per person, plus extra for any dependents.
Edited again.
The figures laid down by Spain are set out in the IPREM which is the base figure for laying down certain social security benefits in Spain. IPREM, in English, is the Multiple Effects for Public Income Indicator.
The current IPREM rate is €6450 and a non EU citizen must show the IPREM times 4 plus the IPREM times one for dependents. That gives €25,800 a year for the first person and €6450 for the second so a couple would need to show an income of €32,250.
If I may reiterate, these are the current rules for non EU citizens which may or may not apply to UK citizens after Brexit an will depend on the deal or no deal scenarios.
This message was last edited by mariedav on 24/08/2020.
This message was last edited by mariedav on 24/08/2020.