Spanish law facilitates the mobility of foreign investors, entrepreneurs and qualified professionals, along with their families, by means of a Residence Programme that is regulated in the Mobility Section of the Startup Law.
The Bill to promote the development of a startup ecosystem (aka Startup Law), which is being discussed in Congress, will place Madrid at the vanguard of tech-based startup support and investment and talent attraction in Europe. In addition to tax incentives for entrepreneurs, including favourable stock option treatment according to EU standards, the Startup Law provides for an improved version of the non-resident income tax scheme applicable to executives and employees, investors and digital nomads. In addition, foreign nationals working for companies outside Spain will be able to live in Madrid without a work visa.
You can find more information about the Residence Programme for Investors and Entrepreneurs (Programa de Residencia para Inversores y Emprendedores, PRIE) at the Big Business and Strategic Group Unit (Unidad de Grandes Empresas y Colectivos Estratégicos, UGE-CE).
The team at Madrid Investment Attraction (MIA) will be glad to help you understand the options available for your business and to redirect you to the relevant authorities.
