The recent changes that Spanish legislation has undergone directly affect foreigners seeking to work, study or reside in Spain. The changes in the Democratic Memory Law and the recent creation of what is known as the Startups Law and the visa for digital nomads, modify the panorama for millions of foreign citizens.
New benefits for students
One of the groups with the greatest benefits acquired thanks to this new regulation is that of students. After the recent reforms, the visa allows you to opt for a job of up to 30 hours a week that can be made compatible with the studies, thus opting for Spanish residence once completed. In the same way, without having developed a professional career, students will be able to continue in Spain during the year after completing their studies without the need for a new application to extend their permit.

Foreign students
Job opportunities for foreign students
◾ Work permits of up to 30 hours per week
◾ Possibility of applying for residency at the end of the studies
◾ An additional year of stay without the need to extend
Rooting by training
Another relevant figure is that of arraigo by training, which allows those foreigners from outside the European Union who are in an irregular situation and wish to start a training career in Spain to opt for temporary residence. Those who are going to start their studies and meet the requirements specified in the regulations, can opt for a 12-month residency that can be extended for another 12, thus also facilitating entry into the world of work.
family reunification
There is a key aspect that considerably facilitates the life and future of foreign families in Spain, is family reunification. Considering the regulations, foreigners who obtain a residence visa in Spain can opt for family reunification, this means that the visa is extended to their relatives. Family members are understood to be all the children and also the spouse of the visa holder, thus allowing the closest family to also reside in Spain on a regular basis during their stay. Family reunification, in addition to extending the visa to the applicant’s relatives, also extends its benefits.
Investments recognized to qualify for the investor visa
◾ Spanish Public Debt, minimum investment of 2 million euros
◾ Shares or shares, minimum investment of 1 million euros
◾ Investment Funds, minimum investment of 1 million euros
◾ Bank deposit, minimum investment of 1 million euros
◾ Real Estate Investment, one or more homes with a value equal to or greater than 500,000 euros
◾ Real Estate Investment, one or more homes with a value equal to or greater than 500,000 euros
◾ Business investment
How to benefit from the new regulations?
Those who are interested in opting for any of the new benefits present in the current Spanish regulation should consider the importance of the procedures for the success of their project. In the case of a decision with important consequences, it is always advisable to have specialized legal advice to guarantee that the outcome is satisfactory. Even before making the decision, it is convenient to know the rules and regulations available, as well as to be clear about the necessary procedures to be able to benefit from them and the required documentation. Furthermore, considering the recent modifications, it is even more relevant to have a legal professional specialized in this field who can carry out the process in the proper way and thus obtain the desired result.
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