
Business Immigration · Europe
Spain
Spain’s business-residence route for founders is Emprendedores, typically with an ENISA innovation assessment. There is no statutory minimum share capital; applicants generally need to show financial means of around 200% of the Spanish minimum wage (SMI) and a genuinely innovative project. Spain’s Golden Visa programme ended on 3 April 2025 and is no longer a path to residence.
- Programme
- Emprendedores (ENISA)
- Path
- Startup
- Capital / threshold
- No statutory minimum capital. Means of about 200% of SMI.
- Relocate / visit
- Yes
This overview is general information, not legal advice. Immigration rules, fees, and eligibility criteria change. We verify current requirements with licensed counsel before any engagement. Residence and visa decisions are made by host-country authorities and are never guaranteed.
Country overview
About Spain
For clients in Pakistan, Spain is a founder corridor. The programme we brief is Emprendedores (often with ENISA). A Spanish limited company (SL) on the register is not residence. The Golden Visa, including property-for-residence under that label, ended on 3 April 2025.
There is no statutory minimum share capital on the entrepreneur track. Applicants generally need to show means of about 200% of SMI and a project that can survive an ENISA-style innovation assessment. A generic SL without that innovation file is company formation, not the visa.
Relocate is yes, through the consular channel applicable to residents of Pakistan. We coordinate the business plan, the innovation file, and licensed Spanish counsel. Digital-nomad marketing is a separate product and is not this entrepreneur route.
SMI, means multiples, and ENISA practice change. Requirements are set by the host government and are verified with licensed counsel before engagement. ENISA reports and visas are decided by Spanish authorities and are not guaranteed.
Who this is for
Designed for founders with an innovative project that can survive an ENISA-style assessment and who can show means of about 200% of SMI. A poor fit for the closed Golden Visa, for property-for-residence under that label, or for a paper company.
Timeline
Innovation report plus consular visa is typically several months after a complete file. The Golden Visa is not on the timeline; it ended on 3 April 2025. Dates are not guaranteed.
Programme rules, fees, and capital thresholds are set by the host government and change. Figures on this page reflect our latest review and are verified with licensed counsel before engagement.
Residence programmes
What we brief for Pakistani founders
Programme rules, fees, and capital thresholds are set by the host government and change. Figures on this page reflect our latest review and are verified with licensed counsel before engagement.
Emprendedores (ENISA)
Startup
Requirements
No statutory minimum capital. Means of about 200% of SMI.
Relocate / visit
Yes
How we work
From briefing to a filed application
Briefing
We test whether the project is innovative in the sense the live rules require. The Golden Visa is not a fallback; it ended on 3 April 2025.
File preparation
Means of about 200% of SMI and a real company or project file are assembled. No statutory minimum share capital is added to the entrepreneur track.
Counsel filing
Licensed counsel runs the entrepreneur visa. ENISA quality is the gate. Outcomes are not guaranteed.
After grant
If granted, the holder operates the project in Spain. An SL extract is not the residence card.
Key considerations
What this corridor is not
- The Golden Visa programme ended on 3 April 2025.
- There is no statutory minimum share capital on the Emprendedores track; means of about 200% of SMI apply.
- Incorporating an SL does not confer residence.
- Outcomes are decided by Spanish authorities and are not guaranteed.
Also available
Company formation
Forming a Spain company is a separate mandate from residence. If the immigration plan requires a local entity, we coordinate that workstream on its own terms. Formation does not grant the right to live in Spain.
Frequently asked questions
Can I still buy Spanish property for a Golden Visa?
No. Spain’s Golden Visa programme ended on 3 April 2025. The route we advise on is Emprendedores / ENISA.
How much capital must I put into the SL?
There is no statutory minimum share capital for this entrepreneur route. Means of about 200% of SMI apply. Innovation is the gate.
Is company formation the visa?
No. Formation is not immigration. Visas are decided by Spanish authorities and are not guaranteed.
Consultation
Start a confidential conversation
Tell us what you are building or where you need to move. We respond within one business day.



