Spain, with its vibrant culture and strategic location, offers opportunities for entrepreneurs looking to expand their horizons. As a gateway to Europe, Spain provides access to a vast market and a skilled workforce, making it an attractive destination for business ventures.
Advantages of starting a business in Spain
Spain boasts a large domestic market with 48 million inhabitants and attracts over 85 million visitors annually. This thriving environment presents numerous opportunities for businesses to flourish.
Additionally, Spain offers unrestricted access to the European market, which includes over 500 million consumers with significant purchasing power. Entrepreneurs can also tap into the Latin American, Middle Eastern and North African markets, expanding their reach to over a billion potential customers.
The Spanish government actively supports business initiatives, providing various incentives and programs to foster entrepreneurship. Entrepreneurs benefit from a skilled workforce, with many professionals fluent in multiple languages.
Visa options for entrepreneurs
The Entrepreneur Visa is a viable option for those looking to start or expand their business in Spain. This visa is designed for foreigners who wish to undertake innovative and economically significant activities in Spain. Although the Golden Visa expired in April 2025, the Entrepreneur Visa remains a robust pathway for business professionals.
To apply for the Entrepreneur Visa, applicants must submit a national visa application form, a recent photograph, and a valid passport. A favorable report on the business project from National Innovation Company (ENISA) is required, along with proof of financial means, health insurance and a criminal record check certificate.
The entrepreneur’s family members, such as spouses, children, and dependent relatives, can obtain visas, provided they meet specific requirements.
Spain’s business climate and legal requirements
Spain’s business climate is welcoming to foreign investors, with clear legal requirements and procedures. Entrepreneurs must navigate various regulations, including company registration, tax obligations and compliance with labor laws.
Understanding these legal aspects is crucial for successful business operations in Spain. Seeking legal assistance can be beneficial for entrepreneurs unfamiliar with Spanish laws.
An international business law attorney can provide guidance on visa applications, business registration and compliance with local regulations.