⚖️ 🇭🇳 Pensionado Residency vs 🇪🇸 Spain Entrepreneur Visa
📊 AT A GLANCE
| Metric | 🇭🇳 Pensionado Residency | 🇪🇸 Spain Entrepreneur Visa |
|---|---|---|
| Initial Duration | — | 36 mo |
| Monthly Income | $1,500/mo | $690/mo |
| Application Fee | — | $110 |
| Tax Regime | Territorial | Worldwide |
| Renewable | Yes | Yes |
💰 FINANCIAL REQUIREMENTS
| Requirement | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Monthly Income | $1,500/mo | $690/mo |
| Annual Income | $18,000 | $8,280 |
| Monthly Pension | $1,500/mo | — |
| Application Fee | — | $110 |
| Dependent Fee | — | $110 |
📅 DURATION & RENEWAL
| Detail | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Initial Duration | — | 36 months |
| Renewal Duration | — | 24 months |
| Renewable | Yes | Yes |
| Minimum Stay | — | 183 days |
🏦 TAX REGIME
| Detail | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Tax Regime | Territorial | Worldwide |
| Tax Regime Name | Territorial Tax System | Progressive 19-47%; Beckham Law may apply if eligible |
| Foreign Income Taxed | Yes | No |
| Capital Gains Taxed | Yes | No |
💼 WORK RIGHTS
| Right | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Employed Work | No | No |
| Self-Employed Work | No | Yes |
| Own Business | Yes | Yes |
| Work Permit Included | No | Yes |
📋 REQUIREMENTS
| Requirement | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Criminal Record Check | Required | Required |
| Health Check | Required | Required |
| Degree | Not required | Not required |
| Professional Experience | Not required | Required |
| Language (for Citizenship) | Required | Required |
| Endorsement | Not required | Required |
👨👩👧 FAMILY & DEPENDENTS
| Detail | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Dependents Allowed | Yes | Yes |
| Spouse Included | Yes | Yes |
| Max Child Age | 18 | 18 |
| Dependent Parents | Yes | Yes |
| Income per Dependent | — | $345 |
🌍 PATHWAYS
| Detail | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Path to PR | Yes | Yes (5 yrs) |
| Path to Citizenship | Yes (3 yrs) | Yes (10 yrs) |
| Grants Direct Citizenship | No | No |
| Dual Citizenship Allowed | Yes | No |
🎁 BENEFITS
| Benefit | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Schengen Access | No | Yes |
| Can Open Bank Account | Yes | Yes |
| Can Buy Property | Yes | Yes |
| Public Healthcare Access | No | Yes |
| Health Insurance Required | Not required | Required |
📝 APPLICATION
| Detail | Pensionado Residency | Spain Entrepreneur Visa |
|---|---|---|
| Method | In person | Both |
| Processing Time | 90–180 days | 20–60 days |
| Apply from Abroad | Yes | Yes |
| Local Representative Required | Required | Not required |