What is the Visa for Entrepreneurs and how to apply for it in Spain?

What is the Visa for Entrepreneurs and how to apply for it in Spain? What are the benefits of the Visa for Entrepreneurship? What are the requirements to apply for the Visa for Entrepreneurship in Spain? From Gentile Law, expert lawyers in processing visas and residency in Spain and Europe, we tell you the keys to obtain the visa for entrepreneurs.

Spain, a country rich in culture, history, and opportunity, has become an attractive destination for entrepreneurs from around the world. To encourage innovation and entrepreneurship, the Spanish government has implemented the Visa for Entrepreneurs

What is the Visa for Entrepreneurs? It is a programme designed to attract and support talented entrepreneurs who wish to establish their businesses in this thriving country. In this article, we will explore the positive facts about entrepreneurship in Spain and the process of obtaining the Visa for Entrepreneurs, as well as the requirements and benefits associated with this unique opportunity.

Why is Spain one of the most popular destinations for entrepreneurs?

Spain offers a favorable ecosystem for entrepreneurs, supported by several factors that favor business success. What factors support the growth of entrepreneurs in Spain?

• Strategic location: Situated at the crossroads of Europe, Africa and Latin America, Spain is in a privileged geographical position to access international markets and establish global business alliances.
• Economic stability: Spain has a modern infrastructure and a developed financial system that provides stability and confidence to entrepreneurs.
• Talent and human capital: Spain has highly trained professionals and a network of internationally renowned universities and research centers.
• There are numerous governmental and private support programs to encourage new ventures, providing labor, tax and immigration benefits.

What is the Visa for Entrepreneurs?

What does the Entrepreneurs Visa consist of? The Visa for Entrepreneurs in Spain has been specifically designed to attract foreign entrepreneurs and provide them with the opportunity to establish and develop their business projects in the country.

What are the most important characteristics of the Visa for Entrepreneurs in Spain? From Gentile Law, expert lawyers in processing visas and residency for entrepreneurs in Spain, we tell you. The main characteristic of the Visa for Entrepreneurs is the development of an entrepreneurial activity of an innovative nature with special economic interest for Spain. The entrepreneurial activity will be understood to be of special economic interest if it meets any of the following conditions:

• It involves the creation of jobs
• It is of an innovative nature for Spain
• It involves an investment in the country

What are the benefits of the Visa for Entrepreneurs?

How to obtain an entrepreneur visa in Spain? What are the advantages of the Visa for Entrepreneurs? Obtaining the Visa for Entrepreneurs offers multiple benefits, among which the following stand out:

• The right to reside and start a business in Spain.
• Free movement within the Schengen Area without the need to obtain additional visas.
• Possibility to apply for Spanish nationality by residence.
• Possibility of migrating with the family.
• Fast resolution of the application by the Public Administration (20 working days).

What are the requirements to apply for the Visa for Entrepreneurship?

What is needed to apply for the Entrepreneur Visa? The main requirements of the Visa for Entrepreneurship are the professional profile of the applicant, which must be adequate to carry out the project, and the business plan to be submitted, which must contain the following information:

1. Description of the project.
2. Description of the product or service that will be offered.
3. Market analysis.
4. Necessary financing.
5. Added value for the Spanish economy, innovation, and investment opportunities.
6. The professional profile of the applicant.

How to apply for the Visa for Entrepreneur?

What should be taken into account when applying for the Entrepreneur Visa? The Visa for Entrepreneur can be applied for in the country of origin, through the Spanish Consulate, or in Spain, if the applicant is in the country on a regular basis.

As we were anticipating, the resolution of the application for the Visa for Entrepreneur is very agile since the Public Administration has a term of 20 working days to resolve it. In case it is not solved in mentioned term, it will be able to be understood that the request of Visa for Entrepreneur has been approved by administrative silence (positive administrative silence).

If the Entrepreneur Visa application is resolved favorably, it will be valid for 3 years, and may be extended if the initial requirements are still met.

What is the Visa for Entrepreneurs and how to apply for it in Spain? At Gentile Law, expert lawyers in applying for the Visa for Entrepreneurs, we specialize in advising entrepreneurs who seek to develop their business in Spain and who use this visa to do so, accompanying and assisting them throughout the process.

Pablo Lanfranchi

pablolanfranchi@gentile.law

+34 604 51 60 52