How much money do I have to show when I renew my non lucrative Spain visa Visa in 2023

As of 2023, according to the new IPREM Index, the money quantity necessary to prove that you have sufficient financial means when renewing the non lucrative Spain visa is as follows:

Number of members of the family UnitIPREM 2023 MonthlyRequired monthly renewal multiple for 1 yearRequired monthly renewal quantity for 1 yearYearly multipleRequired Yealy renewal quantity for 1 yearRequired Yealy renewal quantity for 2 years
1€600400%€2,40012€28,800€57,600
2€600500%€3,00012€36,000€72,000
3€600600%€3,60012€43,200€86,400
4€600700%€4,20012€50,400€100,800
5€600800%€4,80012€57,600€115,200
6€600900%€5,40012€64,800€129,600

To renew the Non-lucrative visa for a period of 2 years, you must demonstrate that you have sufficient funds to cover those 2 years.

Please notice that the IPREM index changes every year and the quantities may suffer variations. Also, a few provinces in Spain will not require double the original amount to renew, but most of the Spanish provinces will. Be cautious and find out from a specialist in your area what is being requested. For instance, in Málaga, Granada, and Almería (Andalucía), you must show twice as much as what was first shown.

Source: Real Decreto 557/2011, de 20 de abril, por el que se aprueba el Reglamento de la Ley Orgánica 4/2000, sobre derechos y libertades de los extranjeros en España y su integración social, tras su reforma por Ley Orgánica 2/2009.

Read more about The Spanish non-lucrative visa renewal process, here.