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The initial residence authorization is generally valid for three years and can be renewed for further periods while you continue your entrepreneurial activity and meet the conditions.
The entrepreneur route under Law 14/2013 grants a multi-year residence authorization, typically three years to start, which is considerably longer than many standard work permits.
Renewal is possible provided you keep meeting the requirements, including maintaining the entrepreneurial activity and the conditions that supported your original approval. Keeping your business active and your documentation in order is what allows you to renew and build continuous residence in Spain.
Get a personalised assessment from a licensed ACME advisor, or ask Acey.