Spain Start-Up Visa

The Spain Start-Up Visa is a program designed for non-EU citizens who wish to relocate to Spain to establish an innovative business. This visa allows entrepreneurs to set up their ventures while benefiting from Spanish immigration laws, which can lead to residency permits for themselves and their families. The program encourages foreign investment and aims to stimulate the local economy by attracting innovative projects.

Eligibility Criteria

To qualify for the Spain Startup Visa, applicants must meet specific requirements:

• Viable Business Plan: A comprehensive business plan that outlines the business idea, financial analysis, and market understanding is essential.
• Valid Passport: Applicants must possess a valid passport.
• Necessary Documentation: This includes translations into Spanish, apostille verification, and other legal documents.
• Professional Experience: Demonstrating relevant experience in the business field is crucial.
• Criminal Record Check: A clean criminal record is required.
• Health Insurance: Proof of health insurance coverage must be provided.
• Financial Stability: Applicants should demonstrate sufficient investment in their project.

Benefits

Application Process

The application process for the Spain Startup Visa involves several steps:

• Develop a Business Plan: Create a detailed business plan that includes financial projections and a clear business model.
• Gather Required Documents: Collect necessary documents such as your passport, criminal record check, health insurance proof, and professional profile.
• Complete Application Form: Fill out the application form provided by Spanish immigration services accurately.
• Legalization of Documents: Ensure all documents are translated into Spanish and legalized with an apostille where necessary.
• Submit Application: Submit your application along with all supporting documents.

Key Considerations

There are no minimum capital requirements or mandatory conditions regarding hiring local employees; however, businesses must show potential benefits to the Spanish economy.

The visa initially grants residency for one year but can be converted into a residence permit valid for two years upon approval.