The government offers various supports, including Minimum Vital Income (IMV), for those who find themselves in situations of great vulnerability and have difficulty covering essential expenses. Since its implementation in June 2020 until August 2024, the IMV has benefited 886,255 households, providing protection to 2,634,246 people, including 43.5% minors. According to the National Institute of Social Security (INSS)the average amount of IMV is 479.2 euros, with more than 11,777 million euros allocated to this service.
In addition to the IMV, there are other aids that can reach the 700 euros monthly, or 784 euros if you have dependent minors. This benefit is compatible with other subsidies, provided that they do not cover the same expenses. Applicants must meet certain requirements, such as having family income below a specific threshold and having resided in Spain continuously for at least one year. The request can be made via the Social Security electronic headquarters with a digital certificate or Cl@ve, or by email.
The new aid of 700 euros from Social Security
The Government has announced new aid of up to 700 euros per month for cover basic needs such as rent, food and essential services. However, it is necessary to meet certain conditions to access this service.
First, applicants must be in a situation of economic vulnerabilitywhose family income is below a threshold which varies according to the number of members of the family unit. Generally, income must be at least 10 euros lower than the amount guaranteed by the organization. Minimum Vital Income (IMV). Furthermore, it is essential to demonstrate legal residence in Spain for at least one year and be registered with local social services, which guarantees an accurate assessment of the economic situation.
To request help, you have two options: via the Social Security electronic headquarters with digital certificate or Cl@ve system, or by sending the request by email. This aid is compatible with the IMV and, if there are dependent minors, it can increase up to 784 euros. However, it cannot be used to cover the same expenses as other aid, such as for example to pay rent if the Young Rental Bonus has already been received.
Minimum Vital Income (IMV)
The Minimum Vital Income (IMV) is a benefit which aims to reduce the risk of poverty and social exclusionintended for people living alone or in cohabitation and who do not have sufficient income to cover their essential needs. This right, which is part of the Social Security protection systemguarantees a minimum level of income and seeks to improve the possibilities for social and professional inclusion of its beneficiaries.
Requirements
The Minimum Vital Income (IMV) can be requested by various people meeting certain criteria established by Social Security. Beneficiaries include those who are part of a cohabitation unit, provided they have be at least 23 years old and have legal capacity. People who are not part of a cohabitation unit but who share accommodation with it can also apply, provided that they are not married or a common-law couple. and that they do not belong to another cohabitation unit.
THE people between 23 and 29 years old They must have lived independently during the previous two years, while those over 30 must have lived outside their parents’ home during the last year, barring exceptional cases such as their death. Also considered as beneficiaries are women victims of gender violence, trafficking or sexual exploitation, homeless people and young people between 18 and 22 years old who come from child protection centers or who are completely orphans and live alone.
Likewise, the requirements to receive the IMV include have residence in Spainhaving lived continuously in the country for at least a year, except in certain exceptional cases such as victims of gender-based violence or minors who join cohabitation. You must also be in a situation of economic vulnerability, with monthly income which does not exceed the limits established according to the family unit, and does not exceed certain levels of assets.
Application
The process can be carried out online in two ways: without a digital certificate, by filling out a form on the Social Security website, or with digital certificate or Cl@vevia a PDF form in which the required documents are attached.
Amount
The IMV amounts vary depending on the composition of the cohabitation unit. The higher the number of members, especially minors, the higher the guaranteed income. For example, an adult only receives 604.21 euros per month, while an adult with a minor receives 785.48 euros. The number continues to increase as new members are added, reaching the 1,329.27 euros per month for units with one adult and four or more minors, or for families with three adults and several minors.
