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Non-Lucrative Visa (NLV) Student Visa
Free Calculator · 2026

Spain Student Visa Financial Calculator

Enter your course duration and number of dependants to find out exactly how much money you need to show for your Spain student visa in 2026.

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Financial Calculator

How Much Do You Need to Show?

Based on the legal minimum of 100% of IPREM (€600/month in 2026), plus 75% of IPREM for the first dependant and 50% for each further one. Add dependants to see the combined requirement.

Minimum Required
€7,200
Must show this minimum
Recommended
€9,000
25% buffer — safer
Bank Statements
6 months
Always recommend 6
For a 12-month course with no dependants, you need to show at least €7,200 in financial proof. We recommend showing €9,000 or more to give a comfortable buffer and reduce consulate scrutiny.

Additional Costs to Budget For

Cost ItemTypical Range
Private health insurance (annual)€600–€1,400
Return flights (example: UK–Spain)€200–€600
Accommodation deposit (1–2 months)€800–€1,600
TIE card fee (Tasa 790-052)~€16
Visa application fee (Tasa 790-052)~€80
Sworn translations (estimate)€200–€500
Apostille fees€50–€200
Understanding the Rules

The Financial Requirement Explained

Where Does the €600/Month Figure Come From?

The €600/month threshold is 100% of Spain's IPREM — the Indicador Público de Renta de Efectos Múltiples, or Public Income Indicator for Multiple Effects. IPREM is Spain's official public income reference index, updated periodically by the Spanish government, and used across welfare policy, benefits calculations, and immigration thresholds.

For student visas, Spain's immigration regulation (Royal Decree 1155/2024, article 35) requires applicants to demonstrate sufficient financial means to support themselves during their stay: 100% of IPREM per month for the student (€600 in 2026), unless accommodation is prepaid for the whole stay, plus 75% of IPREM for the first family member and 50% for each further one (+€450 and +€300 a month in 2026).

What Counts as Financial Proof?

Spanish consulates accept a range of documents as evidence of financial means. The key is that the documents must be official, recent (typically no older than three months), and clearly show your name and the available balance or income.

  • Personal bank statements (last 3–6 months) — the most common and straightforward method
  • Parental or family sponsorship — accompanied by the sponsor's bank statements and a signed sponsorship letter (sworn translated into Spanish)
  • Scholarship or grant award letter — showing the amount and duration of the award
  • Employment income evidence — payslips or employment contract showing regular income (if applicable)
  • Property or asset declarations — sometimes accepted as supplementary evidence, rarely as the primary proof

What the Consulate Actually Checks

Consulate officers reviewing financial evidence are not simply looking at a single bank balance on a particular day. They assess the consistency of your financial situation over time. A large deposit made shortly before your application — particularly one that stands out against your normal account activity — will attract scrutiny. Consulates are experienced in identifying "parked" funds that do not reflect genuine financial standing.

What they want to see is that the money has been in your account (or a sponsor's account) for a reasonable period — typically at least three months, ideally six — and that the balance has remained consistently at or above the required level. The narrative of your finances matters: regular income, stable balances, and no sudden unexplained movements will always present better than a large one-off transfer. If your financial situation is complicated — multiple currencies, recent large transactions, fluctuating balances — a specialist immigration specialist can advise on how to frame your evidence most effectively.

Important: Six Months of Statements is the Safe Standard

Many consulates only require three months of bank statements, but providing six months is consistently the safer approach. It demonstrates financial stability over a longer period, reduces the risk that any single month's dip becomes a deciding issue, and shows the consulate officer a fuller picture of your genuine financial standing.

Common Questions

Financial Requirements — FAQ

Answers to the questions our clients ask most often about the financial proof requirements for a Spain student visa.

The €600/month figure is 100% of IPREM, the minimum that Spain's immigration regulation (Royal Decree 1155/2024, article 35) sets for a student for each month of stay, unless accommodation is prepaid for the whole stay. IPREM (Indicador Público de Renta de Efectos Múltiples) is Spain's public income reference index, used across immigration and welfare policy, and it is €600 a month in 2026. Family members add 75% of IPREM for the first and 50% for each further one (+€450 and +€300 a month in 2026).
No. You can combine multiple bank accounts to meet the financial threshold. However, you must provide official bank statements for every account you are relying upon as evidence. What matters is the total available funds across all accounts, not that they are held in one place. If you are using accounts in multiple currencies, be prepared to show exchange rate calculations.
Generally not, as primary evidence. Spanish consulates consistently decline to accept cryptocurrency wallet balances or investment platform screenshots as primary financial proof. The reason is liquidity uncertainty — crypto values fluctuate and are not immediately equivalent to accessible cash. If you hold significant crypto assets, the practical solution is to convert the required amount to fiat currency, transfer it to a regulated bank account, and allow it to sit there for at least two to three months before applying so that the statement history reflects genuine stability.
A partial scholarship is a genuine asset — it demonstrates official financial support. To cover the shortfall, supplement your scholarship award letter with personal bank statements or a parental sponsorship letter with the sponsor's bank statements. Present the scholarship letter and supplementary evidence together as a combined financial package. Your cover letter or the lawyer's covering note can explain how the combined sources meet the total requirement.
Potentially, but context matters. Consulates look for consistent average balances over the statement period — they are not performing a strict test on every single day's closing balance. A single dip that is clearly explained (for example, an annual insurance payment or rent in advance) is generally not fatal to an otherwise strong application. Consistent shortfalls across multiple months are a more serious problem. If your statement history includes concerning fluctuations, one of our immigration specialists can advise on how to present your finances and whether supplementary evidence — such as additional accounts or a parental sponsor — would strengthen your case.
The requirement is 100% of IPREM (Spain's public income reference index) per month of stay — €600 a month in 2026 — unless your accommodation is prepaid for the whole stay. For a 9-month academic year that is €5,400; family members add 75% of IPREM for the first and 50% for each further one. Use the calculator above for a personalised estimate based on your duration and dependants.
The base national calculation is the same, but some consulates apply a regional cost-of-living adjustment. Madrid and Barcelona are typically treated as higher-cost cities and consulates serving these regions sometimes apply a higher financial threshold. The calculator uses the national legal minimum.
Generally no. Spanish consulates expect to see accessible liquid funds — cash savings or equivalent — not credit facilities or loans. Bank statements showing the required balance over a period of 3–6 months are the standard evidence. Borrowed funds (recently deposited large amounts) are sometimes flagged by consulates as not representing genuine financial means.
Both can count. If you have a sponsor, their bank statements and income evidence are submitted alongside or instead of your own funds. The key is demonstrating that sufficient funds are accessible and committed to supporting your stay. The sponsor's letter must explicitly commit to covering your expenses.
No. The funds can be in any bank account, anywhere in the world, as long as the statements are clear and translatable. Some consulates prefer to see funds in your home country rather than recently transferred to Spain. You do not need to open a Spanish bank account before applying for your visa.
Your visa is issued based on the documentation you provided at the time of application. If your financial situation deteriorates significantly during your stay and you cannot demonstrate sufficient funds at visa renewal, your renewal may be refused. Maintain your financial evidence throughout your studies and ensure your bank statements reflect the required levels at renewal time.
Yes. If you hold a confirmed scholarship that covers your living expenses and/or tuition, provide the official scholarship award letter as evidence. Consulates will typically accept scholarship funds from recognised institutions (government, EU programmes, or established foundations) as meeting or contributing to the financial requirement.

Not Sure Your Finances Will Pass?

Our specialists review your financial situation and advise on the best way to present your evidence. No guesswork — just clear, qualified guidance.

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