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Effective immediately, there are new, lower minimum salary thresholds for EU Blue Card holders and foreign employees who use the fast-track process. The Instituto Nacional de Estadistica recently updated the minimum salaries for various fields in the Clasificación Nacional de Actividades Económicas (National Classification of Economic Activities, or CNAE). Due to the recent economic downturn, the thresholds for some foreign workers have been lowered accordingly. Although the formula for determining the minimum salary for EU Blue Card holders has not changed, the base salary for each field specified in the CNAE has decreased, so Blue Card salaries are effectively lowered.
The table below is a guide to the changes in minimum salary for EU Blue Card holders and foreign employees using the fast-track process. Gross salaries are expressed in euros.
A foreign employee is eligible for the fast-track process if he or she is:
View the updated CNAE salaries at the Instituto Nacional de Estadistica website.
This alert has been provided by the BAL Global Practice group and our network provider located in Spain. For additional information, please contact GlobalVisaGroup@bal.com.
Copyright © 2016 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@bal.com.
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