Where clients get caught out
Many refusals come from badly documented means rather than insufficient ones: recent unexplained transfers, statements without the average balance, accounts in third parties' names, or income that actually comes from work.
The figure in 2026
The Immigration Regulation sets the minimum at 400% of IPREM, the Spanish public income indicator. With the 2026 IPREM of €600 a month, that is €2,400 a month, or €28,800 for the one-year initial permit. Each family member adds 100% of IPREM: €600 a month, or €7,200 a year. A couple therefore needs at least €3,000 a month, or €36,000 a year.
| Family | Per month | Initial year |
|---|---|---|
| Applicant alone | €2,400 | €28,800 |
| Couple | €3,000 | €36,000 |
| Couple and one child | €3,600 | €43,200 |
Which means count
Regular income such as pensions, annuities, rental income or dividends, or an available balance in a bank account that covers the whole period. Combining both is possible. Income must be passive: it cannot come from work you would keep doing from Spain; see remote work and the non-lucrative visa.
What does not count
Money in someone else's account without a clear legal right to it, loans, recent deposits without explanation, or the value of a property you own (though owning a home helps to prove accommodation).
Family and renewal
For each renewal you must prove means for the next two years. See non-lucrative residence with your family and renewal, or our non-lucrative residence service.
Castell.law is the English and German-speaking practice of Castell Abogados, a law firm in Palma de Mallorca. This page is general information, not advice on a specific case: laws and procedures change, so check your situation with us before acting.
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Frequently asked questions
How much money do I need for the non-lucrative visa in 2026?
€2,400 a month for the main applicant (400% of IPREM) and €600 more per family member.
Can I use savings instead of a pension?
Yes. A sufficient available balance for the whole period is accepted, alone or combined with income.
Does owning a house in Mallorca count as means?
Not as income, but it helps to prove accommodation and stability.