It is possible to receive a visa or a residence permit on the condition of positive assessment of the business by the Central Administrative Authority for Trade and Investments, confirming that the company is not based in an offshore location and that the relevant person owns a major share in the company.
Who can submit documents?
An investor or his legal representative.
Where? In Spain or at the Embassy?
In Spain: you may apply for this type of residence permit in Spain if the applicant is located in the territory of the country legally or he has been issued with an investor visa.
Is it allowed to submit your documents whilst in Spain on a tourist visa? Yes, it is.
In order to receive a visa: if the applicant is not in Spain, he can apply at the Embassy of Spain at the place of his residence.
Which relatives can accompany the investor?
- Lawfully wedded or cohabiting spouses;
- Minor children or financially dependent adult children;
- Relatives in the directly ascending line who are supported by the investo.
Which health insurance policy is needed?
A government or private insurance policy.
A private insurance policy must be purchased from an insurance company accredited in the territory of Spain with full coverage without co-payment.
This type of residence permit by default entitles the investor and members of his family to work in the territory of Spain.
For a visa: 10 days.
For a residence permit: 20 days.
Any doubts? Please get in touch with us.