Getting a Residence Visa for Self-Employment in Spain

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Residence visa for self-employment in Spain

If you have at least $100,000 to invest in Spain and have a viable way to earn money on your own, you can apply for a self-employment visa. Getting together all of the paperwork can take a lot of time, and there is no set timeframe for getting the visa approved. The best you can do is submit your application as soon as possible and wait patiently for an answer.

Note: This application is more complicated than the others, and your consulate may require certain approvals from the authorities in Spain before considering your visa application. Call your local consulate first to make sure you know all of the required steps.

 

What you’ll need to hand in

One original and three copies of a signed and completed Schengen Visa Application Form.

Your passport with one blank page to affix the visa. Note: Your passport must still be valid for at least six months from the date that you apply for your visa.

Proof of residence in the jurisdiction served by that consulate. In the United States, this can be a driver’s license, state ID card, or voter’s registration card.

Four recent, standard passport photos – one for each Schengen visa form (original and copies).

One original and three copies of an Official Work Authorization approved by the labor authorities in Spain. (Note: This is usually obtained through an employer/sponsor. If you plan to be self-employed, you will probably need one of the alternative documents that follows). In the absence of an Official Work Authorization, you need to submit all of the following (one original and three copies of each):

a. Declaration of the specific activity or occupation you will carry out in Spain.

b. A business proposal, including market analysis and a feasibility study demonstrating sufficient investment.

c. The diploma or degree needed to carry out your proposed activity validated by the Spanish Authorities. (Go here for information on convalidación y homologación de titulos.)

d. Proof of investment or savings of $100,000 in Spain. Valid proof includes:

i. a bank statement from a bank in Spain.

ii. a certificate from the Dirección General de Transacciones Exteriores verifying investments in Spain. You must contact them by mail or go in person to: Dirección General de Transacciones Exteriores, Calle Almagro 34, 28010 Madrid.

iii. public deeds showing you have investments of $100,000 in Spain.

iv. a combination of any of the above showing a total of at least $100,000.

 

One original and three copies of a certificate from the police authorities of all places where you have lived (for at least six months) in the last five years, showing that you have no police record.

One original and three copies of a recent official medical statement (within three months of your application date) stating that you are in good physical and mental health.

One original and three copies of proof of full international health/accidental insurance, with a minimum coverage of $37,000.

A non-refundable application fee of $100. Check with your local consulate about how to pay the fee. At the Chicago consulate, for example, you can only pay by money order.

 

 

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