This type of residence opens broad opportunities both for running a business and improving quality of life in Spain. There are no restrictions on business sectors, and taxes are applied at reduced rates depending on the region.
You can access healthcare and education just like Spanish citizens and travel freely across the Schengen Area without needing a visa.
It is also possible to apply for loans and mortgages from local banks—although it’s advisable to start building a good credit history in advance.
These benefits apply not only to the entrepreneur, but also to their family, including a spouse, underage children, and financially dependent parents.
To bring relatives, you’ll need marriage and birth certificates. If the marriage wasn’t registered officially, you can establish a Pareja de Hecho (civil partnership) in Spain, granting the same rights as a legally married couple.
For full guidance, we recommend scheduling a consultation with our specialist.