The Minimum Vital Income, known as MVI, is a non-contributory benefit from the Social Security system. It exists to ensure a basic level of income for people and families facing economic vulnerability. Its purpose is to prevent poverty and social exclusion. The amount granted is based on the household composition and is adjusted each year to align with the needs of beneficiaries.
In 2024, the MVI saw a 6.9 percent increase in its amounts, so eligible families will notice a higher level of support.
Who can receive the MVI
The MVI is aimed at living units that demonstrate economic vulnerability and do not exceed established income and asset thresholds. Living units can include people connected by family ties, marriage, civil partnerships, or even units formed by victims of domestic violence or individuals over 65 who do not receive retirement or non-contributory pensions.
To apply for the MVI, the following requirements must be met:
- Legal and effective residency. Applicants must actually reside in the country and have done so for a continuous period prior to the request.
- Household unit. The income and assets of the applicant’s household are evaluated.
- Economic situation. The household’s economic status is considered to ensure income and assets do not exceed established thresholds.
MVI amounts for 2024
The MVI amounts for 2024 vary by household composition, with specific figures for single-parent homes and households that include members with disabilities. These allocations are disbursed monthly and annually, and they shift with family structure. For example, a lone adult receives a monthly amount of 604.38 euros, while an adult with three or more minor children may receive 1,329.65 euros per month.
Child support of 1,400 euros
The MVI includes a child allowance designed to support families with dependent children. This component is intended to safeguard child welfare and assist families in caregiving. The annual allocations depend on the child’s age and the family’s economic situation, with specific figures for households with low income.
Similarly, applicant families must not exceed income and asset limits. The precise requirements are as follows:
- Belong to a household with one or more minor children.
- Household income must not exceed 300 percent of the thresholds set in the scale for calculating the guaranteed income by household type.
- The family net assets must not exceed 150 percent of the limit established in the asset increment scale applicable to the household type.
- Meet the asset test, set at six times the guaranteed income for an adult, with an increment scale equal to the income limit according to household type.
There is a detailed table for these scenarios showing different amounts, which can be consulted on the Social Security website after logging in. The social security site presents the specific values for each household configuration.
For instance, the annual amount for children aged 0 to 3 years is 1,380 euros (115 euros per month); for children aged 3 to 6, it is 966 euros annually (80.5 euros monthly); and for children aged six to 28, it is 690 euros per year (57.5 euros per month).
The child support portion is paid automatically if the MVI is already being received, but it can also be requested by families that do not yet receive these benefits and meet the established requirements for the program.
To access the benefit, applicants can complete the MVI form through the Social Security electronic office, following the official procedure and guidelines issued by the administration.
These provisions are designed to ensure that vulnerable households have reliable, predictable support that adapts as family circumstances shift and as the broader economic environment changes.
Notes and guidance come from the national Social Security authority and its published regulations, which outline how the MVI interacts with other family and child benefits, as well as the income and asset thresholds used to determine eligibility each year.