New IPREM value pushes Spain Non-Lucrative Visa savings to 28,800 euro

The 2026 threshold jumps to €28,800

Spain's Non-Lucrative Visa now requires a single applicant to show €28,800 per year in passive income or savings, roughly $32,000, plus €7,200 (about $8,000) for each dependent added to the file. That's the figure consulates are applying to any NLV filed during the 2026 calendar year, per the Washington DC consulate's own posted guidance.

The change isn't a new law. It's the 2026 IPREM value, set at €600 a month, flowing through the standing formula in Article 47 of Royal Decree 557/2011: 400% of IPREM for the main applicant, 100% for each dependent. Because IPREM ticked up for 2026, so did every threshold pegged to it.

What that means versus last year's file

A family of four now needs to document roughly €50,400 a year (€28,800 for the applicant plus €7,200 each for three dependents) to clear the financial bar, up in step with the IPREM adjustment. Renewals bite harder: because the two-year renewal requires proof of funds for the full period, applicants renewing in 2026 must show 800% of IPREM or €57,600, for themselves alone.

Everything else on the checklist holds:

• Private Spanish health insurance with no co-pays, from an insurer licensed in Spain
• Criminal record certificate, apostilled, issued within the last 3-6 months
• Medical certificate meeting WHO wording
• Proof of accommodation in Spain (deed or long-term lease)
• Bank statements, pension letters or investment records covering the prior 6-12 months

Income still has to be passive. Salary tied to a Spanish employer disqualifies the route, which is why non-EU remote workers who want to invoice clients typically look at the digital nomad visa instead of navigating around NLV's non-working rule.

Who has to act now

Anyone with an NLV appointment booked in 2026 needs to rebuild the financial file against the new numbers before submission. Applicants who prepared paperwork in late 2025 against the old €28,800 figure are fine on the main applicant line, but dependent math and renewal projections should be recalculated at the 2026 rate. Retirees on fixed pensions sitting just above the old floor are the group most likely to fall short, particularly those adding a spouse. The full checklist and consulate-by-consulate quirks for moving to Spain vary, so confirm figures with the consulate handling the file before booking flights or signing a Spanish lease.