Last Update: 19 February 2026

Honest Comparison

Spain 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

OptionProcessing TimeCostDifficultyRecommendation
RecommendedSpain Startup Visa90 days statutory€73 fee + ~€500 documentsENISA project reviewBest for: independent founders, B2B tech, larger market access
Portugal Tech VisaVariable (30-90 days typical)€90-170 fee + incubator costsIncubator endorsement requiredBest for: incubator network, crypto/Web3 (Lisboa)
Portugal Startup Visa120 days maximum€90 fee + incubatorIAPMEI certificationBest for: early-stage, pre-revenue startups
Portugal D2 (Entrepreneur)60-90 days€90 + business planBusiness viability proofBest 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

January 2026

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

1

Breakthrough Innovations

New technical or scientific-technical solution

New neural network, new material with unique properties — requires scientific work and patents

2

Improvement Innovations

Enhancement of existing solution

Retrained neural network working better than competitors, implants lasting 25 years instead of 10

3

Combinatorial Innovations

Combination of existing solutions

Connecting two neural networks to get new business result

4

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 week

Write business plan in ENISA form format, and prepare documents

Come to Spain

Upon arrival

Come to Spain, and make passport scan with entry stamp. Each person must be legally in Spain

Submit documents online

1 day

Upload documents online (as PDF files), and submit documents for residence permit authorization

Wait for decision

90 days

Current review time is 90 days (January 2026). NOT REQUIRED to wait in Spain

Get approval

When ready

Residence permit approved! Decision comes as PDF file. No need to collect anything in person at this stage

Submit fingerprints

1 visit

ONLY IN PERSON IN SPAIN — Make appointment with police, go, and submit fingerprints

Get residence permit card

3-5 weeks

Get residence permit card (TIE, plastic card). All who submitted fingerprints come in person

Document list

Required documents for main applicant and family members

Main applicant

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)

Family members

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

Spain vs Portugal: Common Questions

Answers to the most popular questions about startup visa

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Spain vs Portugal Startup Visa | Tech Visa Comparison 2026