The Spanish “Entrepreneur” Visa (colloquially known as the “Boss Visa”) is designed for non-EU citizens who wish to start a business in Spain. This visa aims to attract entrepreneurs and innovative projects to promote economic development and job creation. If you plan to conduct business in Spain, here are the detailed requirements, application steps, duration, and costs for applying for the “Entrepreneur” Visa.
Application Requirements
- Innovation and Strategic Significance: Your business plan should be innovative and have a positive impact on the Spanish economy.
- Business Plan: Submit a detailed business plan outlining the feasibility of the project, market analysis, expected financial situation, and job creation potential.
- Financial Proof: Demonstrate that you have sufficient financial resources to implement your business plan.
- No Criminal Record: No criminal record in the past five years.
Application Steps
- Preparation of Business Plan: Prepare a comprehensive business plan that must detail how your project will positively impact the Spanish economy.
- Submission of Application: Submit your business plan and relevant documents through the Spanish Economic and Commercial Office.
- Evaluation Process: Spanish authorities will evaluate the innovation, feasibility, and potential economic contribution of your business plan.
- Proof of Financial Resources: Provide proof of sufficient financial resources to support your business plan and living expenses in Spain.
- Receiving the “Entrepreneur” Visa: Once approved, you will be granted an “Entrepreneur” Visa, allowing you to reside and conduct business in Spain.
Application Duration
The entire process from application submission to visa acquisition usually takes several months, depending on the complexity of the case and the speed of approval.
Costs
The cost of applying for a Spanish “Entrepreneur” Visa can vary depending on individual circumstances and additional services required. Generally, the visa application fee is about €60 to €100. Moreover, preparing a business plan, legal, and consultation services may incur additional costs.
Given the potentially complex and stringent process of applying for a Spanish “Entrepreneur” Visa, we highly recommend Circle Expats for professional guidance and support. Circle Expats boasts a team of experienced experts who specialize in consulting services for individuals wishing to start businesses in Spain. They can assist you in preparing a business plan, completing the application process, and answering any questions about residency permits. Choosing Circle Expats can make your entrepreneurial journey smoother.
With careful preparation and following the correct steps, the Spanish “Entrepreneur” Visa offers valuable opportunities for international entrepreneurs to enter the Spanish market. Whether you are a startup entrepreneur or an experienced businessperson, having the right guidance and professional support can bring you one step closer to success.