What is IPREM?
Every should have heard the term IPREM when applying for residence permit. In the current Spanish immigration law, it is necessary to prove financial capacity when applying for residence permit or visa.
In fact, the Spanish government has established an indicator to prove financial capacity, and this indicator is the IPREM, which can be understood as the minimum income requirement to live in Spain, i.e. the minimum cost of living for a person in Spain.
The latest IPREM for 2023 is 600€/month .
IPREM example: Family reunification
For example, according to the current Spanish law, to apply for family reunification, the applicant needs to prove 1,5 times the IPREM if he/she is a respondent. i.e. the applicant’s income has to be 600 € * 1.5 = 900 €/month. .
IPREM example: Non-profit residency
To change the example, according to article 47 of the Spanish Immigration Act, the applicant for non-profit residence needs to have an income of 4 times the IPREM, i.e. 600€ * 4 = 2400€/month (excluding the applicant’s family). All rights reserved . Reproduction or reprinting by individual entities is prohibited.
IPREM example: Student visa
According to Article 38 of the Spanish Immigration Act, in order to apply for student residence or renewal of student residence, it is necessary to prove that the student has one times the amount of IPREM per month, i.e. 600 € per month to meet the financial requirements for applying or renewing student residence.
The above example can be applied to a wide range of other types of residence permit.
Other uses of IPREM
The IPREM indicator is also used in a wide range of other areas:
- Low-income families apply for government subsidies.
- Low-income families apply for legal aid.
- Special government housing subsidies
- Rental subsidies, etc.
