The Spanish Ministry of Inclusion, Social Security and Migration has quietly updated its guidance on the financial means travellers must show at the border or when applying for a Schengen visa. As of 12 June 2026, non-EU nationals entering Spain for tourism or business must demonstrate at least €122 for each day of their intended stay—up from €113 set in January. The Arabic-language daily Al Khaleej broke the story overnight after spotting the change in Spain’s Official State Gazette (BOE). Under Spain’s Aliens Act, border officers may ask to see cash, bank statements, credit cards or fully-paid hotel vouchers covering 80 % of the new daily amount.
![Spain Raises Proof-of-Funds Threshold to €122 per Day for Short-Stay Visitors]()
If the changes feel daunting, VisaHQ’s team can streamline the process. Through its dedicated Spain page (https://www.visahq.com/spain/), the company keeps real-time tabs on financial thresholds and walks applicants through each step of the Schengen form, hotel voucher procurement and courier submission—a one-stop resource for both tourists and corporate travellers.
For example, a five-day business visitor now needs proof of €610 instead of €565. Travellers who cannot meet the threshold risk refused entry, placement in an inadmissibility holding cell and up to a €1 000 fine levied on their carrier. Visa applicants must also adapt: Spanish consulates worldwide have begun emailing affected applicants asking for updated bank statements. Immigration lawyers report that files lodged before today but not yet decided will be “grandfathered” only if supporting funds exceed the old minimum by at least 10 %. Where applicants fall short, consular staff are inviting them to top up funds or provide a corporate guarantee letter. Why the jump? The Ministry says the new amount aligns with 10 % of Spain’s monthly national minimum wage, which rose to €1 224 earlier this year, plus a 12 % inflation-protection buffer. Hoteliers back the move, arguing it deters so-called “poverty tourism,” while some inbound tour operators fear it could price out budget travellers, particularly from Latin America and North Africa. Corporate mobility managers should update invitation-letter templates to reference the €122 figure and remind assignees that proof-of-accommodation prepaid by the company can substitute part of the cash requirement. Frequent visitors holding multi-entry visas may carry an HR-issued guarantee letter on company letterhead to avoid carrying large sums in cash.
If the changes feel daunting, VisaHQ’s team can streamline the process. Through its dedicated Spain page (https://www.visahq.com/spain/), the company keeps real-time tabs on financial thresholds and walks applicants through each step of the Schengen form, hotel voucher procurement and courier submission—a one-stop resource for both tourists and corporate travellers.
For example, a five-day business visitor now needs proof of €610 instead of €565. Travellers who cannot meet the threshold risk refused entry, placement in an inadmissibility holding cell and up to a €1 000 fine levied on their carrier. Visa applicants must also adapt: Spanish consulates worldwide have begun emailing affected applicants asking for updated bank statements. Immigration lawyers report that files lodged before today but not yet decided will be “grandfathered” only if supporting funds exceed the old minimum by at least 10 %. Where applicants fall short, consular staff are inviting them to top up funds or provide a corporate guarantee letter. Why the jump? The Ministry says the new amount aligns with 10 % of Spain’s monthly national minimum wage, which rose to €1 224 earlier this year, plus a 12 % inflation-protection buffer. Hoteliers back the move, arguing it deters so-called “poverty tourism,” while some inbound tour operators fear it could price out budget travellers, particularly from Latin America and North Africa. Corporate mobility managers should update invitation-letter templates to reference the €122 figure and remind assignees that proof-of-accommodation prepaid by the company can substitute part of the cash requirement. Frequent visitors holding multi-entry visas may carry an HR-issued guarantee letter on company letterhead to avoid carrying large sums in cash.
