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UPDATE: How to get Spain’s €200 cost-of-living subsidy

The Local Spain
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UPDATE: How to get Spain’s €200 cost-of-living subsidy
Families in Spain to get 200 euro benefit. Photo: JAIME REINA / AFP

At the end of last year, the Spanish government announced a new €200 handout as part of a package of measures to help alleviate the rising cost of living. The deadline for lodging your application is fast approaching, so find out who is eligible and how to get it.

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At the end of December 2022, the Spanish government announced a new raft of measures worth €10 billion to help families against the rising costs of inflation.

One of these measures is a benefit of €200 for vulnerable families who are struggling with the cost of living and rising household bills.

READ ALSO: Spain axes VAT on basic foods to ease inflation pain 

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Who can benefit from this help?

The €200 cheque is specifically for those families or households that earn under €27,000 per year.

Keep in mind, it’s not available to those where two or more members of the household earn under €27,000 each, but only when the income of the whole family adds up to less than this amount.

The government has confirmed, however, that it is available to those who live alone, provided they earn under €27,000 and meet all the other requirements.   

The average household income in Spain is currently €35,000, so this new aid will benefit the most vulnerable families in the country.

Are there any other prerequisites?

Yes, as well as earning under €27,000 it will not be handed out to those whose family heritage or savings exceed €75,000.

This means that the authorities will take into consideration how much savings you have in your bank account, as well as bonds, shares and stocks. They will also include physical assets such as vehicles or valuable pieces of art, but not the value of your house.

When can I apply for the aid?

You are only able to apply for the €200 grant during a specific period from February 15th until March 31st, 2023. You must make sure to do it during this window, otherwise, you could lose out. 

How do I apply?

In order to apply you will need to first apply for a digital certificate or cl@ve. You can then apply for it online through the Agencia Tributaria website page here. You will need to type in your NIE and identify yourself with the digital certificate or cl@ve. 

This will then take you to the form to apply for the grant. It will ask for all your personal details such as your name, address, and employment situation. You will also have to fill out your bank details so that the handout can be sent directly to your account. It will be issued as a single payment. 

Is the aid compatible with other benefits?

The €200 cheque cannot be claimed by those who are already benefitting from the Minimum Vital Income (Ingreso Mínimo Vital) or those who receive a pension.

For those on Minimum Vital Income, this too has been extended into 2023 and has increased by 15 percent, together with non-contributory pensions.

How many people will benefit? 

The government has confirmed that a total of 4.3 million families will be able to access this handout, while the Ministry of Finance estimated that more than 8 million people in total will benefit from it.

 

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