Non-Lucrative Visa Income Calculator
Check if you meet Spain's financial requirements for the Non-Lucrative Visa in 2026. Calculate in your local currency for singles, couples, and families.
Understanding the Financial Requirements
Spain's Non-Lucrative Visa financial requirement is tied to IPREM (Indicador Público de Renta de Efectos Múltiples), Spain's public income indicator that adjusts annually.
📊 IPREM 2026 Breakdown
Monthly IPREM: €600
Annual IPREM: €8,400 (14 payments)
Main Applicant: 400% = €28,800/year
Each Dependent: 100% = €7,200/year
💰 What Counts as Income
- Pension payments (state or private)
- Dividend and investment returns
- Rental income from property
- Social Security benefits
- Regular interest income
- Annuity payments
🏦 What Counts as Savings
- Bank account balances (12 months proof)
- Investment portfolio statements
- Fixed-term deposits
- Bonds and securities
- Property ownership (supplementary)
📋 Required Documentation
- 12 months of bank statements
- Official pension/Social Security letters
- Investment account statements
- Rental agreements & proof of income
- Property deeds (if applicable)
What Counts as Qualifying Income
The NLV financial requirement must be met through passive income. Work income does not qualify, but passive income from various sources can be combined.
- Pension Income: State pensions, occupational pensions, private pension annuities—all count fully. You'll need an official pension statement or Social Security letter.
- Investment Returns: Dividends from stocks, bonds, mutual funds, and ETFs count. Interest from savings accounts and fixed-term deposits count. Provide investment account statements.
- Rental Income: Income from rental property in Spain or abroad counts. You'll need rental agreements, proof of ownership, and 12 months of bank statements showing payments.
- Annuity Payments: Regular payments from insurance products or annuity contracts count as passive income. Provide the contract and proof of payments.
- Regular Transfers: Regular transfers from a third party (with declaration of source) can supplement your income, but must be clearly documented as stable.
- Social Security Benefits: Unemployment benefits, disability payments, and widower/widower allowances count. Provide official benefit statements.
Important: Income must be regular, documented, and stable. Self-employed or business income does not qualify—the visa specifically requires non-lucrative (passive) income only.
What Counts as Qualifying Savings
If you don't have sufficient monthly income, you can meet the requirement through savings. Spain's consulates require proof of financial stability over a 12-month period.
- Bank Statements: Your bank must provide 12 months of official statements showing you maintain the required amount continuously. Consulates want to see stability, not just reaching the amount once.
- Investment Portfolio Statements: Brokerage statements, mutual fund holdings, and stock portfolios count. Provide certified statements showing your total balance and 12-month history if available.
- Fixed-Term Deposits & CDs: Money in fixed-term savings accounts and certificates of deposit count fully. These are particularly strong evidence of financial stability.
- Bonds & Securities: Government bonds, corporate bonds, and other securities count toward savings. Provide broker or custodian statements.
- Property Ownership: Real estate can be included as supplementary proof of wealth. Use a professional property valuation (tasación) to establish value. This strengthens your overall application.
- Combination Approach: You can combine monthly income with savings. For example, €1,500/month income + €150,000 in savings = strong application.
Pro Tip: When using savings, consulates specifically want to see the 12-month pattern. Don't rely on a single statement showing the full amount once—show how you've maintained it throughout the year. This demonstrates true financial stability.
Tips to Meet the Requirement
If your calculation shows you fall short, there are several legitimate strategies to strengthen your application and meet the financial requirement.
Find a Spanish Guarantor
A Spanish resident can act as your guarantor (avalista), pledging to support you financially. This significantly strengthens your application.
Open a Spanish Deposit
Consider opening a fixed-term deposit in Spain for the full requirement amount. Spanish consulates view this very favorably as proof of stability.
Boost Your Income
Explore passive income sources: start a rental business, adjust pension payments, establish a dividend strategy, or negotiate increased benefits.
Include Property Equity
Own real estate? Get a professional valuation (tasación) of your property. Property equity can be presented as supplementary financial proof.
Strengthen Documentation
Don't just show bank statements. Include investment statements, pension letters, property deeds, and a statutory declaration explaining your financial sources.
Plan Ahead
If you're short, apply in a month or quarter when your accounts are strongest (after pension/dividend payments, before major expenses).
Frequently Asked Questions
Get answers to the most common questions about the NLV financial requirement and how to qualify.
What is the financial requirement for Spain's Non-Lucrative Visa in 2026?
The main applicant must have €28,800 per year in passive income or savings (approximately €2,400 per month). This is based on 400% of the 2026 IPREM (€600 monthly). Each additional family member requires €7,200 per year (100% of IPREM).
Can I use savings to meet the Non-Lucrative Visa income requirement?
Yes, absolutely. You can demonstrate financial solvency through a combination of monthly passive income and lump sum savings. You need to show 12 months of the required amount in your bank statements or investment portfolio to prove stability.
What types of income count towards the NLV financial requirement?
Qualifying income includes pensions, dividend payments, rental income, investment returns, regular transfers from savings, and social security benefits. The income must be passive (not from work) and stable. Self-employment or business income does not qualify.
How do I prove my savings for the Non-Lucrative Visa?
You'll need 12 months of official bank statements showing you maintain the required amount continuously, investment portfolio statements showing total value, and possibly property ownership documents as supplementary evidence. The key is showing stability over time, not just reaching the amount once.
What is IPREM and how does it affect the NLV requirement?
IPREM (Indicador Público de Renta de Efectos Múltiples) is Spain's public income indicator that adjusts annually. The NLV requirement is tied to IPREM: 400% for the main applicant, 100% for each dependent. The 2026 IPREM is €600 monthly (€8,400 annually with 14 payments).
Can a couple combine their income for the NLV requirement?
Yes. A couple can combine their individual incomes and savings. The main applicant needs €28,800/year, and the spouse (as a dependent) needs an additional €7,200/year, for a total of €36,000/year for both.
What happens if I don't quite meet the financial requirement?
If you fall short, you can strengthen your application by: securing a Spanish guarantor (avalista), opening a fixed-term deposit in Spain, obtaining additional income documentation, including valuable property ownership as supplementary proof, or combining income and savings strategically.
Do exchange rates matter for the NLV income calculation?
Yes, exchange rates matter significantly. The requirement is set in euros, but Spain's consulates will convert your foreign currency income at the official exchange rate on your application date. Use current rates for estimation, but know they may fluctuate by the time you apply.
Can rental income from a property outside Spain count towards the NLV requirement?
Yes. Rental income from properties outside Spain can count, as long as it's regular, documented, and stable. You'll need to provide property deeds, rental agreements, and 12 months of bank statements showing rental payments received.
What documents do Spanish consulates ask for to verify income and savings?
Typically: certified bank statements (last 12 months), pension documents or Social Security statements, dividend statements or investment account statements, rental agreements and proof of income, property deeds, and a statutory declaration of the funds' source. Each consulate may have slightly different requirements, so check with your specific consulate early.
Ready to Move Forward?
Use this calculator to verify you meet the financial requirements. Then take the next step with our full eligibility check or book a consultation with our visa experts.
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