Last reviewed March 2026
Start an innovative business in Spain
Income Requirement
β¬2,400/month financial resources
β¬600/month per dependent
Can You Work?
Yes
Only for your own business
Initial Duration
1 year
Processing: 6-12 weeks (DGIPYME review adds time)
Path to Residency
10 years to citizenship
Total possible: 6 years
Business plan approved by DGIPYME (DirecciΓ³n General de Industria y de la PYME)
Must show innovation, economic impact, job creation potential
Must be 'of general interest' to Spain
Clean criminal record
Private health insurance
Education: University degree OR 3+ years relevant experience
Valid passport
Visa application form
Passport photos
Clean criminal record
Business plan (in Spanish, DGIPYME-approved)
Proof of financial resources
University degree OR proof of experience
Private health insurance
Company registration documents
Visa Fee
β¬120β200
Total First-Year Estimate
β¬2,000β6,000
Processing
6-12 weeks (DGIPYME review adds time)
Initial Duration
1 year
Renewal 1
3 years
Renewal 2
2 years
Answer a few questions and get your personalized visa match in under 3 minutes.
Find Out If You Qualify β