If you have recently arrived in Spain and are over 52 years old, you should know that there is government monetary aid for these people, if they meet some requirements. How to collect this subsidy in the Iberian country? We tell you below.
In a labor market where age can be a barrier, unemployment can become a storm for those over 50. However, the State Public Employment Service (SEPE) of Spain offers a lifeline: the subsidy (monetary aid) for those over 52 years of age. This financial aid allows you to stay afloat while you look for a new job and approach retirement age.
What does this subsidy consist of? It is an economic benefit that helps you cover your basic needs while you are unemployed. The amount you receive depends on your income and the duration of unemployment, but it can be up to 480 euros per month in 2024.
The subsidy can be collected until you reach retirement age, as long as you continue to meet the requirements. This aid for people over 52 years of age from SEPE can help you navigate this difficult time and approach retirement with peace of mind, according to local media.
Monetary aid in Spain for people over 52 years of age
To be a beneficiary of this subsidy, it is necessary to meet the following requirements: be 52 years old at the time of application. Be registered as a job seeker for at least one month before applying. Not having rejected suitable job offers nor have refused to participate, except for justified cause, in professional promotion, training or reconversion actions.
Regarding income, you must have no own income greater than 75% of the Minimum Interprofessional Salary (SMI) in 2024, excluding the proportional part of two extraordinary payments. In addition to having paid unemployment contributions for a minimum of 15 years during their working life or having paid unemployment contributions for at least 6 years within the period of the last 15 years.
You can request it online at the SEPE electronic headquarters or in person at a SEPE office. You must present the following documentation: subsidy application, DNI or NIE, Social Security card, proof of contribution, etc.
If you meet all these requirements, you can apply for the subsidy at the SEPE electronic headquarters or at a SEPE office in the city where you settled in Spain.
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