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HomeLatest News57% of entrepreneurs who apply to live in Spain receive the go-ahead

57% of entrepreneurs who apply to live in Spain receive the go-ahead

Date: October 2, 2023 Time: 07:26:55

Enisa has given the green light to 57% of the applications from foreign entrepreneurs who want to settle in Spain after managing some 450 files in four months, more than half from Russia and neighboring countries, as explained to EFE by the president of the public entity, José Bayón.

Following the approval of the Law for the Promotion of the Emerging Companies Ecosystem or Startups Law at the end of 2022, Enisa has experienced an increase in applications for visas and residence permits from foreign entrepreneurs to live in Spain. Enisa has received 450 applications, most of them from entrepreneurs with Russian nationality or from neighboring countries due to the war in Ukraine.

“We have seen an increase in entries, which shows that Spain is a country that is growing in entrepreneurship both inside and outside,” said Bayón. The regulations establish that enisa is in charge of analyzing the innovative and scalable nature of the applications from foreigners who want to obtain a visa and start a business in Spain.

Enisa, in addition, is also responsible for certifying Spanish companies as emerging companies or “startups”, a process that has already begun after the Government published yesterday the ministerial order that regulates the procedure.

In this regard, Bayón has confirmed that, during the first three hours with the open procedure, he received more than 50 applications, which demonstrates the “usefulness” of the law and the “expectation” created by this “pioneering” measure, since it offers “such legal security for entrepreneurs as investors that does not exist in any other country”.

Although he has not ventured to confirm when the first certifications will be notified, Bayón has assured that they are in a position to respond to them within the three months established by the ministerial order and that they have enabled all their technological systems for it.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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