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Invest in Spain – Entrepeneur Law

    To start business or invest in Spain there are many ways since a new invest law is in force (Entrepeneur Law).

    Actually, foreign nationals will be able to obtain a residence visa for one year and, when applicable, two-year residence permits, renewable for another two years, will be granted to foreign investors making a “significant investment” in Spain by:

    • Purchasing at least two million EUR in Spanish government bonds, or;
    • Investing at least one million EUR in Spanish companies, or:
    • Buying property in Spain of a value greater than 500,000 EUR, or:
    • Starting a business “of general interest” in Spain.

    To be considered “of general interest”, a business must:

    • Create jobs in Spain
    • Make a significant contribution to the technology and Innovation sector.

    According to this new law, you can obtain to reduce processing times, removing the requirement for a labour market search and allowing simultaneous submission of dependent visa applications. For more information, contact us.