Self-employed residence can be obtained in many ways, such as:
-Boss rooted residence
-Student residency to boss residency
-Non-profit to owner residency
The new policy of boss residence:
If you are currently holding a 1-year boss residence, you can apply for a 4-year residence after it expires.
If you are currently holding a 2-year residence permit, you can also apply for a 4-year residence permit after the expiration date.
If you have lived in Spain for 5 consecutive years, then you can apply for permanent residence directly.
Note: There are no social security or tax requirements to apply for permanent residence.
Conditions to be met for the renewal of the owner’s residence.
1.There is no criminal record in Spain. If there is a criminal record, it should be cancelled beforehand. There is already an article on how to cancel a criminal record on WestLaw.com, so you can read it yourself.
2.If you have a child under 16 years old in Spain, the child must be studying and not working.
3.There is continuing to operate a business activity. This means that you have started a business after your previous residence has been approved and that you are currently in business. This means that you have continued to pay social security and to file tax returns in accordance with the law.
If, for some reason, you do not continue to operate your business, but you are receiving unemployment benefits, you can renew your visa as normal.
Is there an income requirement?
No. There is no income requirement. The law only requires the continuation of business, there is no requirement for turnover. The amount of money earned from the business does not affect the renewal of the owner’s residence.
When the immigration office approves the renewal of the owner’s residence visa, it will verify whether the applicant owes any taxes or social security contributions. Therefore, applicants need to be careful not to have arrears during this period.
How much tax do I have to pay to be admissible?
There is no requirement. The law requires that the applicant has an actual business, there is no requirement as to how much tax must be paid. Whether the business is self-employed or a company, the tax to be paid is based on the profit. If there is no profit, then naturally no tax is payable.
It is important to note that if the business has no income for a long period of time, the immigration office may suspect that the applicant is not actually operating the business, because it is impossible to say that the business has no income or expenses.
In any case, social security fees are unavoidable. This is because social security fees still have to be paid on time, regardless of income.
