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EU Treaty Right - Self Sufficient

Posted: Sun Nov 29, 2020 9:04 pm
by White_Pearl
Hello all......

I have a question.

Can anyone please explain what does exactly mean residing as financial self sufficiency? (With comprehensive health insurance)

Does it mean X amount on your bank account which will be sufficient to cover daily expenses?

Re: EU Treaty Right - Self Sufficient

Posted: Sun Nov 29, 2020 10:59 pm
by alterhase58
Maybe this document provides some pointers:
https://www.freemovement.org.uk/wp-cont ... ciency.pdf

Re: EU Treaty Right - Self Sufficient

Posted: Mon Nov 30, 2020 8:18 pm
by White_Pearl
Thank you for the document. It explains indeed sself sufficiency 😊 and do you also know, if the funds needs to be in an uk account or if the funds are in any other eu country in the bank account of the eu citizen?

Re: EU Treaty Right - Self Sufficient

Posted: Mon Nov 30, 2020 10:31 pm
by alterhase58
From my reading of the relevant document section there seems to be no expectation/explanation of where the funds are deposited. In my opinion it's unlikely to matter as long as funds availability can be demonstrated for any time period, i.e. by way of bank statements. And bank transfers even for private customers are superfast these days.

Re: EU Treaty Right - Self Sufficient

Posted: Tue Dec 01, 2020 6:42 am
by White_Pearl
Thank you 😊