{"id":2063,"date":"2024-06-14T13:40:30","date_gmt":"2024-06-14T13:40:30","guid":{"rendered":"https:\/\/hypotheekenbuitenland.nl\/spain\/entrepreneurs-spain\/"},"modified":"2024-06-14T14:19:12","modified_gmt":"2024-06-14T14:19:12","slug":"entrepreneurs-spain","status":"publish","type":"page","link":"https:\/\/hypotheekenbuitenland.nl\/en\/spain\/entrepreneurs-spain\/","title":{"rendered":"Entrepreneurs Spain"},"content":{"rendered":"

Entrepreneurs Spain<\/h1><\/div><\/div><\/div><\/div><\/div>
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Entrepreneurs<\/h2><\/div>
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Even if the income comes from self-employment, it is possible to get a mortgage from a Spanish bank. However, one is reluctant to include profits not distributed to private parties that have remained in the company.<\/p>\n<\/div>

<\/i><\/i><\/span>Sole proprietorship or general partnership.<\/span><\/a><\/h4><\/div>
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Spanish banks are looking at profits for the past three years. At least 3 years of annual figures must be available and the company must exist for at least 3 calendar years. In addition to profits, they will look at sales trends and the equity position on the balance sheet.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Entrepreneurs with their own (holding) limited liability company <\/span><\/a><\/h4><\/div>
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The own B.V. must exist for at least 3 years and must have a healthy profit and sales development. The balance sheet should also look healthy with positive equity and an acceptable current account ratio with the owner. Spanish banks count as income the salary and actual dividends paid. Sometimes banks are willing to consider potential dividend income as well.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Multiple companies<\/span><\/a><\/h4><\/div>
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If there is a multi-company structure, it is important to clearly identify the results and ownership relationships.<\/p>\n<\/div><\/div><\/div>

<\/i><\/i><\/span>Company as buyer and borrower<\/span><\/a><\/h4><\/div>
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Spanish banks do not want to give a mortgage to a foreign company.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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