Spain’s 2025 Minimum Income Updates for Visa and Residency Applications
At the start of each year, the Spanish government revises key financial benchmarks that directly impact visa and residency applications. For 2025, the Minimum Wage (Salario Mínimo Interprofesional; SMI) has increased, while the financial index used in Spain to determine eligibility for various public aid programs and social benefits (Indicador Público de Renta de Efectos Múltiples; IPREM) remains unchanged. These figures are crucial for determining income requirements for visas like the Digital Nomad Visa (DNV), Non-Lucrative Visa (NLV), and Student Visa.
What’s Changing in 2025?
Spain’s Minimum Wage (SMI) has increased by 4.4%
New monthly minimum: €1,184
Annual minimum (14 payments per year): €16,576 gross
IPREM remains the same as in 2024
Monthly IPREM: €600
Annual IPREM: €7,200
While the minimum wage increase affects digital nomads, those applying for visas based on IPREM (such as the NLV or Student Visa) will not see any changes in their financial requirements.
How This Affects Visa and Residency Applications
Digital Nomad Visa (DNV) – Income Requirements for 2025
To qualify for Spain’s Digital Nomad Visa, applicants must meet an income threshold tied to 200% of the SMI:
Primary applicant: €2,763 per month (~$2,871 USD / ~£2,310 GBP)
Spouse/partner: Additional 75% of SMI → €3,798 per month for a couple
Children/Dependents: Additional 25% per child →
Example: One applicant + spouse + one child → €4,144 per month
💡 Tip: Ensure your income is well-documented with payslips, tax returns, or contracts that demonstrate stable remote earnings.
Non-Lucrative Visa (NLV) – Passive Income Requirement
The NLV is for individuals who wish to reside in Spain without working, and the income threshold is based on 400% of IPREM:
Minimum annual income required: €28,800 per year
Additional family members: Increase by €7,200 per person
💡 Tip: This visa is ideal for retirees or those with passive income sources like investments, rental income, or savings.
Student Visa – Proof of Financial Means
Students applying for a Spanish Student Visa must demonstrate financial stability, which remains tied to 100% of IPREM:
Minimum required savings/income: €7,200 per year
💡 Tip: If a parent or sponsor is providing financial support, be prepared to submit bank statements, a letter of financial responsibility, and proof of relationship.
Residency for EU Citizens Moving to Spain
If you’re an EU citizen (or a family member of an EU citizen) seeking Spanish residency, you must show minimum income or savings equal to 100% of IPREM:
€7,200 per year in earnings or savings
This amount is relatively low compared to other residency options, making Spain an attractive destination for EU nationals seeking to relocate.
Key Takeaways for Families Moving to Spain
Digital Nomad Visa applicants should adjust their financial proof based on the higher minimum wage (SMI).
Non-Lucrative Visa and Student Visa requirements remain unchanged since they are based on IPREM, which has not increased.
Families immigrating to Spain should budget accordingly, ensuring they meet visa requirements for all members.
Spanish tax residency rules apply if you spend more than 183 days in Spain, so consider the tax implications of moving.
