Spain: New Salary Minimum for Highly Skilled Transferees Using Fast-Track Processing Program

Spain: New Salary Minimum for Highly Skilled Transferees Using Fast Track Processing ProgramHighly skilled intracompany transferees are now required to meet a minimum salary requirement in order to qualify for expedited immigration processing through Spain’s Large Business Unit (Unidad de Grandes Empresas). The transferee’s salary must be at least 1.5 times the minimum salary set by the Spanish National Statistics Institute (INE) for the employer’s National Classification of Business Activities (CNAE) activity code. The minimum salary increases for each dependent accompanying the applicant.

The Large Business Unit provides an exemption from labor market tests, expedited work permit of approximately one month, and visa processing in approximately ten days. In addition, a dependent residence permit application can be submitted simultaneously with that of the principal applicant, and dependent spouses can apply for a work permit without a labor market test. A royal decree that took effect on June 30, 2011 expanded access to the Large Business Unit.

Fragomen worked closely with Sagardoy Abogados to prepare this alert. It is provided for informational purposes only. If you have any questions, please do not hesitate to contact the global immigration professional with whom you work at Fragomen Global Immigration Services or send an email to emea@fragomen.com.

Source: Fragomen 

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