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Tenerife move. What would you do?

Paul341

Hi, just looking for thoughts and ideas regarding a possible move to Tenerife from the UK at some point. My partner and I have holidayed in Los Cristianos for many years. We both absolutely love the area and could definitely see ourselves settling there.

We’re both in our mid-50s, neither of us have any family ties and we have property in the UK which is owned outright to the value of approx’ £650k with around a spare £100k in the bank.

What would you recommend we do with those sort of figures?

One thing I worry about straight off is what to do about attaining a regular income whilst living in Tenerife.

Anyway, just thought I’d put the question out there. Thanks for reading.

See also

Living in Tenerife: the expat guideRenting apartment in TenerifeLooking to move from Tenerife to mainland spainPlanning to move to Tenerife need helpMoving to Tenerife with toddlers
Resurie

We’ve been thinking about moving to Tenerife as well, specifically evaluating the Adeje area for the relocation. We own a fund management company, so I could share some ideas on how to generate income streams from your capital. Right now, we’re looking into the best structure to make the most of Tenerife’s tax benefits.