Cuenta Propia in Spain: My Self-Employed Visa Approval Experience – December 2024

first hand experience community answers

My Cuenta Propia Self-Employed Visa Approval in Spain

Me and my wife have just received the best news we could have hoped for—we got our initial Cuenta Propia for our self-employed visa! We were told it would take three months, but it was approved in exactly one month to the day!

That means our business plan, capital in the bank, and all required documents were all accepted! Now, we just need to submit our ACRO certificate, medical exams, passports, and the National Visa form, and we’ll be on our way!

A huge thank you to everyone in this group who answered my questions throughout this process. 😊😊😊😊

Questions and Answers

Q1: “Did you use a lawyer to help with the process?”
A1: “No, we did it ourselves. The only things we paid for were the business plan and the approval from UPTA. We also hired a gestoría in Spain to register our company and apply for the license. Other than that, we handled the immigration process ourselves.”

Q2: “What was the order of the steps you followed?”
A2: “The most important thing was preparing the business plan first. Once it was completed, we got in touch with UPTA, who reviewed and issued a feasibility report in our favor. After that, we registered our company and applied for the license with the help of a gestoría in Cala d’Or, Mallorca.”

Cuenta Propia in Spain: My Self-Employed Visa Approval Experience - December 2024

Q3: “How much capital did you need to show?”
A3: “We provided copies of bank statements that were stamped by our bank branch. We had a total of €32,000, but we were told the minimum requirement was €10,000 per applicant.”

Q4: “What other documents did you need to submit?”
A4: “We followed the official checklist on the Spanish government website. That ensured we had all the necessary documents before applying.”

Q5: “What type of business did you apply for?”
A5: “I haven’t shared details about the specific business, but the process remains the same regardless of the business type. The key is to prove the viability of your business idea through a solid business plan and financial stability.”

Comments

“Wow, congratulations! That’s amazing news! 🎉”

“Congrats! I’m also waiting for my approval, hoping for some good news in the new year!”

“That’s a fast turnaround! It’s great to see an application getting approved in just one month!”

“Very inspiring! Thanks for sharing your experience—super helpful for others in the process!”

Conclusion

Applying for the Cuenta Propia self-employed visa in Spain requires careful preparation, but this experience shows that it can be done without a lawyer if you follow the right steps.

Key takeaways from this experience

  • The business plan is the most crucial step—getting it reviewed by UPTA strengthens the application.
  • A minimum capital of €10,000 per person is required, but having more in the bank can be helpful.
  • Using a gestoría can simplify the process of company registration and licensing.
  • The approval process can be much faster than expected—this case took just one month instead of the expected three.
  • Each consulate may have slight variations in their requirements, so it’s important to follow the checklist from the Spanish government website.

For those planning to apply for the Cuenta Propia visa in Spain, this case proves that it’s possible to successfully manage the process independently with the right preparation.