Self employed in Spain? New vehicle grants of up to €12,000 open October 1
If you are one of the more than half a million foreign autónomos working in Spain, buying a new car […]
Starting October 1, self-employed workers and businesses in Spain can apply for vehicle grants up to €12,000 each. This new assistance, part of the Plan Auto+ program, comes with a €50 million budget, with €8 million reserved for self-employed individuals. For British nationals, who make up the fifth-largest foreign group of self-employed workers in Spain with 26,416 registered autónomos, this could be a significant opportunity.
The grant amount depends on the type of vehicle and the applicant's specific circumstances. Typically, an autonomous worker or microbusiness can receive up to €6,000 for an M1 passenger car, or €7,500 for an N1 light commercial vehicle. However, those who qualify for the Social Climate Fund—such as those whose job contributes to Spain's green transition—can receive more, with up to €7,000 for a passenger car or €12,000 for a qualifying light commercial vehicle.
To be eligible, applicants must be registered with the Spanish tax authorities and have current tax and Social Security payments. The vehicle must also have the DGT's "Zero Emissions" label. Applications will open at 10am on Thursday, October 1, and close at 2pm on December 31. However, the Spanish government notes that applications will be processed in the order they are received, and the funds will run out.
Therefore, self-employed workers planning to replace a vehicle may want to gather their paperwork before the deadline.
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