Entrepreneur Visa in Spain: Start Your Business with Expert Support

All Your Spanish Business and Visa Matters Solved — with Laduchi Consult

• What Is an Entrepreneur Visa?

  The Entrepreneur Visa (Visa de Emprendedor) is a special residence permit for foreign citizens who plan to start their own business in Spain. It is regulated by Law 14/2013 on the support of entrepreneurial activity and startups, allowing you to live and conduct business in the country legally.

  The main requirement for obtaining the visa is a business plan that demonstrates the project's economic viability and its positive impact on the Spanish economy. The business plan is evaluated based on innovation, potential profitability, and job creation.

  With the Entrepreneur Visa, a foreign citizen can:

  • Officially establish a sole proprietorship or company
  • Sign contracts and open a bank account
  • Legally reside and work in Spain

  The decision is made by the Unidad de Grandes Empresas y Colectivos Estratégicos based on the submitted documents and business plan. Therefore, preparing the documents requires strict compliance with legislation and formal procedures.

• Requirements for a Business Plan

  Although there's no fixed legal format, your business plan must be clear, logical, and comprehensive. The objective is to prove that your business is both viable and beneficial to the Spanish economy.

  The UGE-CE evaluates the following core sections:

  Business model and scalability. Explain your business model in terms of growth potential. How will your client base, operations, or annual revenue expand over time? Clearly describe your monetization strategy, investment roadmap, and funding sources — all indicators of long-term sustainability.

  Degree of innovation. Highlight the innovative aspects of your business. This could include new methods, proprietary products or services, production processes, or the use of technology (e.g., patents or intellectual property). Explain what sets your business apart and why it's relevant to modern markets.

  Project life cycle stage. Detail the current phase of development: do you have a prototype or MVP? Have you already entered the market? How much time has been invested in development, and how soon do you expect to begin commercial activity?

  Market potential and demand analysis. Include a detailed analysis of demand in your sector. Who are your target customers? What strategies will you use to attract and retain them? Explore market trends, seasonal or cyclical demand shifts, and potential barriers to entry.

  Competition overview. Provide an in-depth competitive analysis. Who are your main competitors? What are their strengths and weaknesses, and how does your business differentiate itself?

  Customer base. Describe your current and anticipated client base. Is revenue highly dependent on a few large customers, or is the base well-diversified? This helps assess risk and commercial stability.

  Financial plan. Include startup and operating budgets, revenue forecasts (minimum 3 years), funding sources, and profitability projections. Identify your breakeven point and potential financial risks.

  Suppliers, partners, and lease agreements. List your key suppliers and service providers. How crucial are they to operations? Detail any contracts or agreements to demonstrate supply chain stability.

  Job creation and economic impact. Indicate the number and types of jobs your business will create. What skills are required? How will you engage with local companies and partners?

  Executive team and strategic partners. Outline the qualifications and experience of your management team, including past projects and relevant expertise. Mention reliable partners whose involvement adds credibility.

  Legal structure and management model. Specify your legal form (e.g., sole proprietorship or company), management roles, and your qualifications as a founder.

  Tip:
  The business plan must be written in Spanish or accompanied by a certified translation. Submission is done online through the official Ministry platform. Use charts and figures where appropriate to improve readability and clarity.

• Required Documents

  To apply for a temporary residence permit under the entrepreneur visa in Spain, the applicant must prepare the following set of documents:

  Main Applicant Documents

  • Valid passport.
  • Completed national visa form (2 copies).
  • One color photo (3.5 × 4.5 cm, plain background, no glasses/headwear).
  • Criminal record certificate from all countries of residence for the past 5 years (from age 16 for minors). This document must be apostilled or legalized and then translated into Spanish by a certified translator.
  • Medical insurance covering your stay with a minimum coverage of €30,000 (including repatriation).
  • Positive report from the Spanish Economic and Commercial Office assessing your business plan.
  • Proof of sufficient financial means: in 2025, this is 100% of the IPREM (€600/month or €7,200/year per applicant), plus 50% for each family member. Evidence may include bank statements, income certificates, asset sale documents, and other relevant documents.
  • Payment receipt for the visa fee (or proof of exemption).

  Documents for Family Members

  • Passport, visa form, photo, police clearance (if applicable), medical insurance, and visa fee receipt.
  • Proof of relationship: marriage certificate, birth certificate, or registered partnership document.
  • For divorced spouses: divorce decree.
  • For dependent children over 18: court ruling of legal incapacity and guardianship.
  • For elderly dependent parents: proof of kinship and financial dependence (typically required for those 65 years or older).

  Note:
  All foreign-issued documents must be legalized or apostilled and officially translated into Spanish.