Given the high price of housing and the notable effect of inflation, more and more young people are having difficulties when it comes to becoming independent. This has caused Spain to register the greatest setback in youth emancipation in all of Europe, causing only 31% of young people to find themselves living without depending financially on their families.
However, young people are not the only target at risk of poverty and social exclusion; also other sectors of the Spanish population, which have had to request the Minimum Vital Income to be able to count on basic economic resources. A situation that has increased the number of families that receive this benefit by almost 900,000, making a total of 2,725,899 people receiving this state aid.
The Minimum Living Income (IMV) is a benefit granted by Social Security that allows people whose income is not enough to pay the essential expenses for their survival. Due to this, both those who live alone and those who are part of a family or cohabitation unit can request it, including those young people who still live with their parents.
From the age of 23, you can request the IMV even if you live with your parents
Specifically, and as established by Social Security, young people of between 23 and 29 years old, as long as they meet a series of requirementseven if they are sharing a home with a cohabitation unit. The latter, a concept that refers to those people who reside in the same home and are married or in a common-law relationship for at least 2 years.
Well, the State understands that, although they are residing in the same property, the young person constitutes an independent person, with their own expenses and financial difficulties. Therefore, in order to request this type of benefit, it is necessary for the person to demonstrate that they constitute an independent coexistence unit. According to the Social Security headquarters itself, “people of at least 23 years of age who, Even if they share a home with a cohabitation unit, they do not join it“.
In order to be considered as such, it is necessary that said people are not married or united to another person as a de facto person, excluding those who are in the process of the separation or divorce process. Likewise, they may not be part of another cohabitation unit. However, these are not the only requirements to be able to apply for the IMV, since those whose age is between 23 and 29 years old They must have lived independently, legally and effectively in Spain for at least two years prior to the application.
It is necessary that they earn less than 733.6 euros per month
To comply with this requirement, it will be necessary to have resided in a different home from that of their parents or guardians and who have been registered with Social Security, regardless of the regime. Those young people who have had to leave their home due to being victims of gender violence, are in the process of separation or divorce, or have another peculiarity that allows their application to be reviewed and validated are excluded.
Likewise, young people under 23 years of age can apply for it. Specifically, those whose age is between 18 and 22 years old and come from residential centers for the protection of minors, have been under the guardianship of public entities in the 3 years prior to coming of age or are absolute orphans without the possibility of integrating into a cohabitation unit. Both in these cases and in the previous one presented, it will be It is essential to demonstrate that there is economic vulnerability.
According to article 11 of the Minimum Living Income Law, it can be declared that there is economic vulnerability when the “monthly average of the set of computable annual income and annuities of the individual beneficiary (…) is lower, at least by 10 euros, than the monthly amount of the guaranteed income.” In the case of an individual beneficiary and in the year 2026, that amount is 733.6 euros. An amount that can be increased by 22% when the applicant has a disability equal to or greater than 65%.