What is the minimum income requirement for the Spain DNV?
AI Answer
The minimum income requirement for the Spain Digital Nomad Visa (DNV) is €2,520 per month, or €30,240 annually. This figure is based on 200% of Spain's national minimum wage (SMI), which is currently €1,260 per month.
If you plan to bring family, the income requirement increases. For a spouse or partner, you need an additional 75% of the SMI, which is €945 per month (€11,340 annually). For each dependent child, add another 25% of the SMI, or €315 per month (€3,780 annually).
So, a couple with one child would need a monthly income of €2,520 (applicant) + €945 (spouse) + €315 (child) = €3,780. Annually, that's €45,360. You'll need to prove stable, recurring income from your remote work or business.
Remember, this is the *minimum*. While the DNV offers a special tax regime of 15% for the first €600,000 of income, you'll still want a buffer to cover cost of living. Spain is generally affordable, but cities like Madrid or Barcelona are pricier than smaller towns.
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