The Minimum Living Income (Ingreso Mínimo Vital - IMV) is a non-contributory financial assistance program introduced by the Spanish government in 2020 under the leadership of Pedro Sánchez.  Its primary objective is to help people living in vulnerable situations by preventing poverty and social exclusion.  The program is designed for individuals who do not have enough financial resources to meet their basic needs.  Although it is aimed at a broad group, those over 50 years old, who might face additional challenges in securing employment or stable income, can particularly benefit from this support. Key Features of the Ingreso Mínimo Vital (IMV) The IMV is a targeted financial aid program available to Spanish residents who meet specific eligibility criteria.  To apply for the IMV, applicants must satisfy the following conditions: Residence in Spain : Applicants must have lived in Spain continuously for at least one year before submitting their application.  Th...