- Minimum Salaries Decrease for Fast-Track Work Permits and EU Blue Cards
- August 16, 2013
- Law Firm: Fragomen Del Rey Bernsen Loewy LLP - New York Office
Effective immediately, the minimum salary for fast-track intracompany transfer and local hire work permits filed at the Large Business Unit and EU Blue Card applications will be subject to industry salary rates established by the National Statistics Institute (INE). Minimum salary levels have decreased by approximately 0.9% since last year for non-EU nationals filing under the fast-track process in Spain.
The minimum gross salary for intracompany transferees and local hires is EUR 28,001.24 for highly skilled workers and EUR 56,002.48 for senior managers. However, if the INE lists an industry salary higher than the applicable base threshold, the higher salary will apply. Previous amounts were EUR 28,254.40 for highly skilled workers and EUR 56,508.80 for managers.
EU Blue Card applicants must earn an annual gross salary of 1.5 times the average salary in their respective industries, as established by the INE.
The new salary requirements apply to all EU Blue Card applicants and non-EU workers who apply under the fast-track process as of August 1, 2013, though the new salary criteria will not apply to renewal applications.
Spain adjusts its minimum salary requirements annually in August.