Should you’re enthusiastic about beginning a enterprise in Spain as a UK citizen, you would possibly need to look into one thing referred to as the Spain entrepreneur visa (aka startup visa).
Mainly, the Spain entrepreneur visa is a residency allow for individuals who need to arrange or develop a enterprise there. Nevertheless it’s not simply handed out to anybody. Your corporation has to by some means profit Spain’s economic system or public. You possibly can get a 3-year residence allow in case your plan ticks these bins.
That stated, it ain’t straightforward. The foundations are fairly tight, and in case you’re not cautious, you can waste money and time. Think about going by way of all that paperwork simply to get a rejection. That’s why, truthfully, earlier than leaping into this complete course of, you actually ought to discuss to Lucia Lagunas Reyes. She’s one of many prime legal professionals who offers with these sorts of visas.
You bought to inform her all the things—like, what’s happening in your life and what your online business thought is. She’ll check out your state of affairs and allow you to know if it’s value making use of or not.
Enterprise Plan Necessities
In relation to making use of for an entrepreneur visa in Spain, your enterprise thought isn’t simply vital—it’severything. Underneath Regulation 14/2013, often known as the Entrepreneurs Regulation, the power of your online business idea could make or break your software.
However what does that actually imply for you? Effectively, it’s not sufficient to only have any previous thought. The regulation is crystal clear on this: your online business wants to fulfill three key situations to face an opportunity.
First, and most significantly, your thought have to be distinctive. Spain is searching for originality, one thing contemporary that stands out from the group.
Subsequent, you’ll want to indicate that your online business received’t simply sit in Spain—it’ll develop, generate income, and ultimately create jobs for folks right here. In any case, you’re not simply organising store for your self, however contributing to the native economic system.
Lastly, there’s the funding issue. Your corporation has to supply actual alternatives for funding throughout the nation. Spain desires companies that gasoline development and encourage monetary funding, so this half is essential.
Entrepreneur VISA necessities
Whereas Spain’s Startup Visa affords nice advantages, there are a couple of important necessities you’ll want to fulfill earlier than you pack your luggage and head to sunny Spain:
- First off, it is advisable ensure you’re within the nation legally. Being on Spanish soil with out correct documentation could cause some points.
- You’ll have to be at the very least 18 years previous to use. No minors allowed for this one!
- Have a clear slate relating to legal information, each in Spain and anyplace you’ve lived prior to now 5 years. They need to ensure that all the things checks out earlier than granting the visa.
- You may’t be on a “no-entry” listing for any nations which have agreements with Spain. It’s value double-checking this earlier than making use of!
- Medical health insurance is a should. Whether or not you go for public or personal insurance coverage, simply ensure you’re coated.
- And don’t overlook in regards to the funds: it is advisable present you could have sufficient to assist your self and your loved ones whilst you’re right here. The numbers? You’ll want at the very least €2400 monthly for your self, plus €600 for every member of the family you’re bringing alongside.
- Lastly, don’t overlook to pay the Entrepreneur or Startup Visa price – no skipping this step!
When it’s higher to use for Self-Employment Visa?
Should you’re pondering of beginning a enterprise in Spain as a foreigner or shopping for one in Spain, however don’t match into the Residency Visa for Entrepreneurs (REM) or Enterprise Exercise factor, or perhaps you’re pondering freelance, there’s one other method. You may apply for a Self-employed work visa (autonomo visa Spain). Yeah, you are able to do that.
Should you’re gonna begin a enterprise, first, you’ll need to arrange an organization. Easy as that. After that, you’ll have to snag the fitting licenses for no matter it’s you’re doing, and naturally, you’ll have to take a position. There’s probably not a set quantity you need to put in, although. It simply is determined by the kind of enterprise, and in case you’re hiring staff or not.
However maintain up—you additionally have to ensure you’ve acquired sufficient money to maintain issues operating easily for the primary 12 months, plus sufficient to cowl your individual dwelling bills whilst you’re at it.
Should you’re leaning extra in the direction of freelance or impartial contractor work, you would possibly have to show that some Spanish corporations have already agreed to rent you for his or her initiatives.
This visa they provide? It’s good for a 12 months. And, inside that first month of touchdown in Spain, you need to apply for a residence allow, get a international nationwide ID, and signal your self up with Spain’s Social Safety as self-employed.
The residence allow usually lasts two years and will be renewed, so long as you’re nonetheless assembly the necessities and also you’ve been in Spain for at the very least 183 days a 12 months.
After 5 years, you may go for everlasting residency, which means you get to reside and work in Spain eternally.
