Obtaining a Residence Permit by Investing in Spain
Mariscal Abogados participated in an interview on Spanish television and explained how to acquire the Spanish residence permit after the adoption of the Law of Entrepreneurs.
Mariscal Abogados participated in an interview on Spanish television and explained how to acquire the Spanish residence permit after the adoption of the Law of Entrepreneurs.
The residence permit, which allows foreign investors to reside and work in Spain, is not difficult to obtain. Foreign investors and entrepreneurs may apply for a residence permit if they meet certain legal requirements, and the investment lasts for the entire duration of their stay in Spain.
Spain passed the Internationalization and Entrepreneur Act, Law 14/2013, which allows foreign investors to obtain a specific permit that allows them not only to work in Spain but also to travel within the Schengen area.
Those foreign nationals who wish to enter or reside in Spain, or those who already reside in Spain, will experience the increased ease of entrance into and residence in Spanish …
When a foreign national wants to purchase property in Spain the foreign national must pay certain fees and taxes. First, there are the notary fees. The different taxes apply depending on whether the sale is of a new home or a resale property. Lastly, a tax on the Registry of the property is also applicable.
Law 121/000052 to Support Entrepreneurs and Internationalization allows foreign nationals to apply for different types of visas in Spain. The main condition among others will be making a meaningful capital investment in the country. The article elaborates on these conditions and the definition of a meaningful capital investment.
A foreign national can opt for a long-term residence permit in Spain after maintaining a temporary one for a period of five years. Both residency permits allow the foreign national to eventually opt for naturalization and thus attain Spanish citizenship.
The Royal Decree-Law 4/2013 created tax incentives that attempt to stimulate growth and job creation in Spain. Income Tax Incentives for Newly Created Entities Newly created entities, created on or …
The proposed Entrepreneurs’ Law includes measures such as authorizing residency permits for foreign investors making investments in Spain. The expectation is that the government will give approval to the bill next Friday.