INTERES Invest in Spain

Foreign Investment Regulations

Spain has few rules in this area. With the exception of investments from tax havens and foreign investments in activities directly related to national security and real estate, foreign investments do not require government prior approval, and are not registered until after the transaction.

Unless expressly provided, there is no obligation for foreign investments to be notarized in the presence of a Spanish public authenticating official.

There is no need to report certain foreign investments after the event if they are below €3 million (unless the investment is from a tax haven).

Investments in industries relating to air transportation, radio, television, telecommunications, gambling, raw materials, minerals of strategic interest and mining rights, private security, the manufacturing, marketing or distribution of arms and explosives, and in activities related to national security, are all subject to additional industry-specific legislation.

Exchange Controls

As a general rule, all transactions and operations between residents and non-residents that involve payments and/or collections to and from abroad are completely deregulated. This includes payments or collections made directly or by way of offset, as well as transfers to or from abroad, and variations in accounts or financial debit or credit positions abroad.

For more information you can download the following document: