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New Salary Minimum Using Fast Track Processing in Spain

August 24, 2011— Highly skilled intracompany transferees are now required to meet a minimum salary requirement in order to qualify for expedited immigration processing through Spain’s Large Business Unit (Unidad de Grandes Empresas). The transferee’s salary must be at least 1.5 times the minimum salary set by the Spanish National Statistics Institute (INE) for the employer’s National Classification of Business Activities (CNAE) activity code. The minimum salary increases for each dependent accompanying the applicant.

The Large Business Unit provides an exemption from labor market tests, expedited work permit of approximately one month, and visa processing in approximately ten days. In addition, a dependent residence permit application can be submitted simultaneously with that of the principal applicant, and dependent spouses can apply for a work permit without a labor market test. A royal decree that took effect on June 30, 2011 expanded access to the Large Business Unit.  

About AIReS

AIReS, which was named to the 2010 Inc. 5000 list of fastest-growing independently owned businesses in the U.S., is in its 30th year of providing best-in-class relocation management services. With six ISO registered U.S. offices and other strategically located employees located around the globe, AIReS is a recognized industry leader in delivering high quality relocation and assignment management services to leading corporations. The company boasts some of the industry’s highest annual customer-satisfaction scores and a client-retention rate of over 98%. For more information, please visit the AIReS website at www.aires.com.