Non-EU citizens who desire to expand their entrepreneurial enterprise in Spain are awarded an Entrepreneur Visa. It is a long-stay visa. It allows its holder to stay in Spain for more than three months while working. Thus this visa is for:
You can obtain a two-year residency permit (with the option of renewal at the end of the period) as long as you establish your firm on Spanish territory. Your company must be unique and different from anything currently available.
In 2013, Spain initiated its Golden Visa Programme. A €500,000 real estate investment will secure family residency. Every two years, the Spanish investor visa can be renewed. After five years, permanent residency is possible, and after ten years, citizenship is possible.
To be eligible, you must:
You need to provide the following documents as you apply for an Entrepreneur Visa:
The Spanish Entrepreneur Visa is not to be confused with a Tourist Visa that allows you to visit Spain for broad business objectives. Suppose you're visiting Spain to work for a company temporarily. In that case, you'll need to apply for a Schengen visa before entering the country.
You have to apply for a visa at the Spanish Embassy. Your business plan is evaluated by the Spanish Economic and Commercial Office in your present country.
When to Apply
You should only apply if you are eligible and have the required documents. Moreover, also look for the processing time before applying.
Visa Processing Time
A final judgment on your strategy and financial plan for Spain will take ten days. If your application is granted, you will receive a report requesting the Entrepreneurial Activity of Interest Report, a critical document in formalising your business visa.
How to Apply
The application process is online. You may apply yourself or contact a visa consultant.
Duration
The visa is valid for two years.
Fees
Entrepreneur Visa costs €167 for citizens of the United States. For this visa, Canadian citizens must pay a cost of €100. The price for citizens of the rest of the globe countries is only €80.
You may apply for an extension or renewal before your previous visa expires.
Business
The visa is for business purposes.
Multi-entry
Enter or leave the country as you please.
Travel
Travel throughout Spain on this visa.