Spain Extends its FDI rules to EU Resident Entities Until December 2022 and Publishes a Draft FDI Implementing Regulation

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Published in Wolters Kluwer

Another day, another ground-breaking change in Spain’s FDI rules.

November 2021 has been an eventful month for FDI in Spain. The following two developments are likely to be consequential in the evolution of the country’s policy as regards foreign investments:

(i) More than a year after the establishment of the Spanish 2020 FDI ex-ante screening regime, Spain has finally published its long-awaited draft proposal of implementing regulation.

(ii) The ex-ante screening regime introduced in 2020 in the wake of the Covid-19 pandemic has been extended to EU resident entities until 31 December 2022. We will analyse these two reforms below and conclude this note with a preliminary assessment of these two measures.

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