Residence & legal services for foreigners

Max Consultancy offers full legal services related to

1. obtaining residence & nationality in Spain

What does Spain offer now when it comes to offering Residence Laws for foreigners?

Residence in Spain & free movement in Schengen European countries through :

• Buying or renting a house or a flat with minimum stay of more than 6 months a year there and get your residence in Spain Provided that you prove receiving a regular income which can sustain you & your family – coming from abroad.
• Start a new business, move you own business or buy a business and get the residence in Spain.
• Schengen visa
• Buy a house or a flat with a maximum period of stay of 3 months in total / year in Spain and get a renewable 1-2 year Schengen Visa that can be changed into a residence if needed and conditions above are fulfilled.
• New Immigration law for investments :
• September 29, Law 14/2013, of September 27, on the support and internationalization of entrepreneurs, came into force. The Law aims at supporting the entrepreneur and business activity, to facilitate development, growth, and internationalization and to encourage an entrepreneurial culture and an environment favorable to economic activity.
• This Law contains important developments in the scope of Immigration Law that are reflected in the regulation of certain situations in which, for reasons of economic interest, it aims at facilitating and speeding up the granting of visas and residency permits for nationals of countries that do not belong to the European Union or the European Economic Area, in order to attract investment and talent to Spain.

The following are the most important developments:

					

				Investors			
		
		

			One of the most important measures adopted in this new regulation is the granting of stay visas and residency visas to foreigners who:

	
Create employment through the establishment and implementation of business projects in Spain;
	
Invest in business projects that have a relevant impact from the perspective of general interest or scientific or technological innovation;
	
Take on Spanish public debt amounting to at least €2,000,000, or invest in shares or quotas in Spanish companies or bank deposits in Spanish banks for a minimum of €1,000,000; or
	
Invest over €500,000 in real estate located in Spain (total minimum investment, free of charges and encumbrances which may consist of the purchase of several properties of a residential, touristic, rural, commercial or industrial nature, rural land, developed land, buildings under construction, or decrepit buildings).

These investments can be carried out through a Spanish or foreign company, as long as it is not based in a tax haven and is controlled by the relevant foreign individual. His or her spouse and children under 18 (or older disabled children) may also apply for permits at the same time or after the principal applicant.

There is no obligation to spend a minimum amount of time in Spain, so investors may remain tax residents outside of Spain, while benefiting from Spanish residency and the freedom of travel and stays in Schengen countries within the maximum periods authorized for visits by the Schengen regulations.		

		

					

				Entrepreneurs			
		
		

			There also special provisions for obtaining a visa to enter and remain in Spain, specifically with the purpose of proceeding with the prior formalities to be able to start, develop or manage an entrepreneurial activity, insofar as such activity is innovative in nature and of prime economic interest to Spain, and for this purpose, is supported by a favorable report from the competent body of the General State Administration.
For the assessment, extra consideration and priority will be given to the creation of jobs in Spain.		

		

					

				Highly qualified professionals			
		
		

			In relation to this group of workers (senior managers or highly qualified staff), for which specific provisions already existed in current immigration law, the thresholds for authorization before the Large Companies Unit have been reduced, so that these workers may enjoy the advantages of processing before said Unit.
In addition, there is the possibility of obtaining residency authorizations for graduates and postgraduates of universities and prestigious business schools, without taking into consideration the domestic employment situation.		

		

2. Legal, accounting & tax services in Spain for Corporates & Individuals

Granting powers of attorney to take actions in Spain on behalf of the client:

• Obtaining an identification tax number “NIE”
• Preparation of purchase agreement
• Negotiation with banks the financial conditions of the selling
• Negotiation of mortgages, loans etc.
• Processing residence permit
• Constitution of companies to operate in Spain as a Spanish company
• Carrying the company secretary
• Compliance with all corporate and accountancy legal requirements required by Spanish law.
• Buy Mandate to invest / acquire companies in Spain
• Any other legal inquiry