The minimum income must be €2,850 per month. If family members are included in the application, a higher amount must be shown:
- €1,070 — for a spouse or partner;
- €360 — for each additional family member.
The required income changes every year. It is calculated based on the SMI, the minimum interprofessional wage in Spain. A digital nomad’s income must be at least 200% of the SMI.
If the income is lower, the applicant may additionally show savings in a bank account. The amount must cover the shortfall for the entire duration of the residence permit, 3 years.
For example, a digital nomad earns €2,100 per month. The missing €750 is multiplied by 36 months. The applicant must then show at least €27,000 in a bank account.