INTRACOMPANY TRANSFERS: A COMMON-EXCITING REALITY IN SPAIN

Transferring international talent to Spain is a feasible and easy option for companies since 2013, when Spanish government issued a special immigration law, aimed to accelerate, and smooth international talent transfers or hirings.

After more than 9 years, these procedures are a very common reality for those entities which need to translate non-EU employees to Spain and incorporate them to a concrete project or to develop a concrete job in temporary basis, maintaining their labor contracts with the foreign entity.

Main goal of Spanish Immigration Special Law

About 10 years ago, Europe noticed that international talent was an important factor regarding economic growth, so it was vital to struggle for the best. Bearing this in mind, each European country issued their own national immigration law aimed to facilitate talent hirings.

In Spain, this special law regulates different permits for investors, entrepreneurs, highly qualified professionals, employee’s intracompany transfers, recent graduates and, sooner than later, for digital nomads (probably by mid-2022).

Among these permits, there is a concrete one aimed to those foreigners who work for a non-EU company, with a foreign labor contract, and their company needs to displace them to Spain in temporary basis to perform a job and project, but keeping their foreign job contract: Intracompany Transfers.

Viable applications: Main requirements

However, non every company and candidate are eligible for intracompany transfers, but they must fulfill some requirements, such as the following ones:

Two intracompany transfer classifications

Advantages of this regulation

Those companies that need to transfer employees to Spain, will be able to go through a rapid process, which will allow to get the work permit in record time. These are the most important milestones of this law:

Why this is a trend?

Globalization allows to reach agreements with foreign companies which are able to offer some services which do not exist in Spain yet, and they must be performed by foreign specialists, who train Spanish workforces in new trends. This immigration regulation allows Spanish companies to bring those foreign specialists or directors.

In the last 20 years we have experienced a huge technological innovation, and companies are getting used to this new trend slowly, taking advantage of this development to improve their production, offering highly competitive and innovative products within technology industry.

Regarding that, this partially new economic activities represents one of the main economic sources in our country now.

However, this makes totally necessary to bring foreign workforce specialized in these sectors, which increase productivity and innovation.

Nowadays, immigration policy is an element of competitiveness, and its contribution to the country’s economic growth must be considered. Thus, international transfers is a reality in our environment, so allowing and facilitating those transfers help us to grow and improve our competitiveness.