Spain's Minimum Wage Hike and Other Key Government Decisions: What Expats Need to Know
In a significant move to address economic inequality and support workers, the Spanish government has announced several key decisions that will impact the lives of many, including expats living in Spain.
Minimum Interprofessional Wage (SMI) Increase
On February 11, 2025, the Council of Ministers, led by Second Vice-President and Minister for Work and Social Economy Yolanda Díaz, approved an increase in the Minimum Interprofessional Wage (SMI) to €1,184 per month, paid in 14 installments. This represents a rise of €50 per month and €700 per year, effective retroactively from January 1, 2025. This change benefits nearly 2.5 million workers across Spain.
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