Salario Mínimo Interprofesional raised to €1,184 per month (14 pays)

The Real Decreto-ley published in the BOE raised the SMI to €1,184 per month across 14 annual payments (equivalent to €16,576 per year) from 1 January 2025, a 4.4% rise. The increase also flows through to the Digital Nomad Visa income threshold, which is pegged at 200% of the SMI.