Guide: Entrepreneur Residence in Spain 🇪🇸

  • Term of receipt: 2-4 months
  • 🤑 Savings: from €30,000
  • 📄 Project: innovative and beneficial for the Spanish economy
  • Work experience: relevant
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About visa

Spain actively attracts foreign entrepreneurs and their promising projects. Successful founders and their family members receive a three-year residence permit. Do you have a cool innovative idea that will have a positive impact on Spain's economy? Then this residence is right for you for you!

Is your idea innovative and beneficial enough?

✅ Will the project utilize new modern technologies?
✅ Does the project involve offering a new product or service that sets it apart from competitors?
✅ Does the project plan to create new jobs in Spain and actively support small businesses?

Did not meet all the criteria? Not a problem, in the business plan, you can write not only about what has already been implemented but also about what you plan to accomplish. You can enhance the innovation aspect of almost any idea!
Two ways to apply

🌍 At the Spanish consulate of a country of citizenship/residence
You will be issued a one-year visa, which can be modified to a three-year residence upon arrival to Spain. This visa can be either used only for entry and immediate modification or you can live in Spain the whole year and start the modification process two months in advance. However, if you grab the second option, you will face some difficulties with getting a residence card during this year. Moreover, this year will not be counted for a long-term residence in the future.

🇪🇸 From Spain
You can enter Spain legally on any visa/document, including tourist Schengen and apply at once for a three-year residence permit. Then it can be renewed for 2 more years.

Core Spain startup visa requirements for application from Spain
✅ Legal presence
✅ Absence of criminal records in Spain or countries where you lived more than 6 months during the last 2 years

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Finances
  • per main applicant: 30 240€ (200% of Spanish minimum wage (SMI) per year. For 2023 SMI per months equals 1260€)
  • per second family member: 11 340€ (75% SMI)
  • per third and following — 3 780€ (25% SMI)
  • for a family of 3 you need to confirm 45 360€ in savings minimum
💡 Savings must be confirmed with a bank statement from any bank other than those in Russia and the Republic of Belarus. The entire amount must be in the main applicant's account.
😎 Entrepreneur dictionary

👉 Check-list for Entrepreneur application

  • Certificate of no criminal record
  • Declaration of no criminal record within the last five years
  • Spanish health insurance
  • Bank statements with the required amount
  • Screenshot with business plan uploaded to ENISA
  • Promite to registrer in Spanish social security
  • Paid state fee
  • Form MI-T
  • Designation of a representative if you apply via proxy
  • Scans of all pages of the passport stamped entering Spain
Do you still have questions? Feel free to ask us.

What does a typical process looks like:

1

Write a business plan and collect all documents

The entire process can take from 1 week to a month. Don’t forget to show your savings in a bank account!

2

Arrival in Spain and documents submission

Obtaining a Schengen visa takes up to 6-8 weeks, plan ahead. To submission, you can use our CheckUp service.

3

Documents review

Currently, the review of documents for an entrepreneur residence takes up to 2-3 months, so please be patient.

4

Get a residence card

After submitting your fingerprints, it takes 4-5 weeks to issue the card.

Step-by-step guide

Tips for apply from your country 🌏

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Relocation made affordable, transparent and easy

Migrun is the greatest service for relocation – I have received my residence permit in Spain as a digital nomad in less than 1.5 months – from initiation to approval. The best thing about Migrun – they have many affordable solutions combined with lots of free guides, so you get the best value for your money. Plus you never feel pressured to pay more than you really need. Which is truly the mission of the company – to make relocation affordable, transparent and easy. Special thanks to Irina Degtyareva for helping with my case and questions! Looking forward to work with the Migrun team further. Many thanks!

Date of experience: August 02, 2023

Alex Ovechkin

🇪🇸 ES

Immigration service with emphatic and fair approach

My immigration to Portugal wouldn't happen if not for Migrun. First, they have a LOT of free guides of how to collect documents for different visas and residency types + a great chat with a lot of immigrants sharing their experience. A year ago it was a very simple website and a chat of a couple thousands - now an extensive platform and a family of useful chats on Portugal the largest being 10K people. I have collected all documents for D7 visa with their help for free.Later I changed my mind and decided to apply for residency as highly-qualified professional from inside of Portugal and did so with a great help of Migrun. Today I have received my residency card.Business with emphatic approach - unlike many other immigration services who just try to rip you off using your lack of knowledge.All people in Migrun have always been friendly, honest and trying to do their best.

Date of experience: July 31, 2023

Daria Gakova

🇵🇹 PT

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