Last Update: 19 February 2026
Honest ComparisonSpain vs Portugal Startup Visa
Complete comparison of both entrepreneur visa options. Processing time, requirements, costs, taxes, and which is better for your specific situation.
This guide provides an unbiased comparison to help you choose the right path. Both countries offer excellent options — the best choice depends on your circumstances.
Key facts about startup visa
Duration
3 years
Financial requirement
€34,188 (2026, BOE 126/2026) for main applicant
Family inclusion
Spouse, children, and parents
Business plan
Innovative IT project
Spain vs Portugal: Side-by-Side Comparison
Key differences between startup visa programs as of January 2026
| Option | Processing Time | Cost | Difficulty | Recommendation |
|---|---|---|---|---|
| RecommendedSpain Startup Visa | 90 days statutory | €73 fee + ~€500 documents | ENISA project review | Best for: independent founders, B2B tech, larger market access |
| Portugal Tech Visa | Variable (30-90 days typical) | €90-170 fee + incubator costs | Incubator endorsement required | Best for: incubator network, crypto/Web3 (Lisboa) |
| Portugal Startup Visa | 120 days maximum | €90 fee + incubator | IAPMEI certification | Best for: early-stage, pre-revenue startups |
| Portugal D2 (Entrepreneur) | 60-90 days | €90 + business plan | Business viability proof | Best for: non-tech businesses, self-employment |
Comparative Statistics 2026
90 vs 30-120
Processing Days
Spain statutory deadline vs Portugal variable
47M vs 10M
Domestic Market
Population and consumer market size
24% vs 20-48%
Tax Rates
Spain Beckham Law vs Portugal post-NHR changes
Why Consider Spain Over Portugal?
Full Spanish residence permit for 3 years for you and your family — spouse, children, and parents — with the right to work and do business.
No incubator requirement — ENISA evaluates projects directly
Clear 90-day decision timeline (Portugal can vary widely)
Barcelona and Madrid: larger startup ecosystems
Beckham Law: 24% flat tax via SL company structure (vs Portugal's NHR changes)
Larger domestic market (47M vs 10M population)
Free movement within the Schengen area without visas
Permanent residence after 5 years of living
Children born in Spain get citizenship after 1 year
Spanish passport after 10 years
Open account with European bank without problems
Latest ENISA Updates 2026
Recent changes in the startup visa review process
Processing Time Extended
Current processing time is around 90 days (3 months) as of January 2026, replacing previous 1-2 week ENISA review
Financial Requirements Updated
Financial requirement: €34,188 (2026) per founder based on 200% SMI (BOE 126/2026, confirmed 19 Feb 2026)
Success Rate Statistics
Current approval rate at 90% for real founders with genuine projects, focusing on quality over quantity
Key Points for ENISA Project Description
Innovation
Critical importance of innovation — describe proprietary technology development and R&D spending, and show significant useful difference from other players in the niche
Project Traction
Important to have TRACTION — product in MVP stage or launched, investments received, and clients available (at least pre-contracts or LOI)
Founders Team
Founders should present themselves as talents — team must match project complexity and topic
B2B Preferred
B2B is always better than B2C. General formulations won't work — important to specifically explain how it works, why, and what UVP
Innovation Types for Startup Visa
What innovations are accepted for visa approval
Breakthrough Innovations
New technical or scientific-technical solution
New neural network, new material with unique properties — requires scientific work and patents
Improvement Innovations
Enhancement of existing solution
Retrained neural network working better than competitors, implants lasting 25 years instead of 10
Combinatorial Innovations
Combination of existing solutions
Connecting two neural networks to get new business result
Diffusion Innovations
Transfer of solution from one field to another
Using GPT to generate management reports from video instead of text
Requirements
Innovative business plan (any IT project can be wrapped as such)
Professional experience that will combine with startup business plan
Ability to enter Spain (any Schengen visa for any period)
Have a startup idea (project description and business model) + some traction
Show availability of financial resources (200% SMI per year — €34,188 in 2026 + for family)
Procedure and timeline
Step-by-step process for obtaining startup visa from document preparation to receiving residence permit card.
Write business plan
1 weekWrite business plan in ENISA form format, and prepare documents
Come to Spain
Upon arrivalCome to Spain, and make passport scan with entry stamp. Each person must be legally in Spain
Submit documents online
1 dayUpload documents online (as PDF files), and submit documents for residence permit authorization
Wait for decision
90 daysCurrent review time is 90 days (January 2026). NOT REQUIRED to wait in Spain
Get approval
When readyResidence permit approved! Decision comes as PDF file. No need to collect anything in person at this stage
Submit fingerprints
1 visitONLY IN PERSON IN SPAIN — Make appointment with police, go, and submit fingerprints
Get residence permit card
3-5 weeksGet residence permit card (TIE, plastic card). All who submitted fingerprints come in person
Document list
Required documents for main applicant and family members
Passport scan — all pages
Show availability of financial resources (bank statement for €34,188 in 2026)
Medical insurance
Paid fee — €73.26
Main application — Form MI-T
Criminal record certificate (jurado translation) + criminal record declaration
Business plan (fill ENISA form)
Legal entry confirmation to Spain
Power of attorney for submission (if documents not uploaded by you)
Main application — Form MI-F
Paid fee
Marriage/birth certificate (jurado translation)
Passport scan — all pages
Medical insurance
Bank statement (same as main applicant)
Criminal record certificate (jurado translation)
Legal entry confirmation to Spain
Power of attorney for submission
Certificate that marriage is still valid
Legal Framework
Official documents and laws regulating startup visa
Official UGE Instructions
Document submission process instructions from Unidad de Grandes Empresas
Download PDF InstructionsLa solicitud de autorizaciones de residencia previstas en esta sección prorrogará la vigencia de la situación de residencia o de estancia de la que fuera titular el solicitante hasta la resolución del procedimiento
Article 76, Ley 14/2013 — About extending legal stay during application review
Spain vs Portugal: Common Questions
Answers to the most popular questions about startup visa