The Law to Support Entrepreneurs and Internationalization in Spain establishes various opportunities that may entitle investors and entrepreneurs from non-EU countries to obtain a visa or a residence permit. The …
The Spanish Congress of Deputies (Government) approved the Law to Support Entrepreneurs and Internationalization on September 19, 2013, which became effective shortly after its publication in the BOE (Official Spanish …
Royal Decree Law 4/2013 adopts measures against delinquency in business transactions in Spain. The article enumerates some of the modifications of the new Law.
The article discusses the general requirements for a foreign national to receive a residence permit in Spain. There are a couple of positive and negative prerequisites that must be met which are listed in detail in the article.
The Draft on the Law to Support Entrepreneurs will be adopted on September 11, 2013 in the plenary session.
According to the latest modification to the draft of the new Law of Entrepreneurs, entrepreneurs must provide certification of Ownership and Encumbrance attestating to their investment. The certification must contain an electronic verification code for online consultation.
With the draft of the new ¨Law of Entrepreneurs¨, foreign investors from non-EU countries will be able to obtain an entry visa and a residential status with ease, as long as their entrepreneurial activity is of innovative character and special economic interest for Spain. Other general requirements for residency authorizations must also be met.
After the approval of the Law to Support Entrepreneurs and Internationalization, the Financial Commission is preparing to pass the draft on to the Senate and then to the Congress of Deputies to ratify the final official text.
The draft of the Law to Support Entrepreneur and Internationalization was approved at the Minister’s meeting that took place on June 28, 2013. The bill is now to be passed on to the government for which special plenary sessions will be hold on July 16th and 17th.
Vice President Soraya Sáenz de Santamaria announced in Berlin that the Entrepreneur Law Project will be approved by the Spanish Council of Ministers this Friday. We await further details on what this means for clients interested in the Spanish Residency Permit for investors or property owners.
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