Pensioner status and business
I’ve never got it straight in my mind whether someone who lives here on a pensioner or rentista residency visa is allowed to go into business.
Some people have told me that it is not allowed at all. Others say a pensioner resident can own a business but not operate it. Yet others say that a pensioner resident can operate it in the sense of supervising the staff but beyond that, not do any other actual type of work (such as mop floors).
Furthermore, some people tell me that a pensioner resident who starts a business must first form a SA, while others say this is not necessary if the business is very small.
The folks at INTUR have given me conflicting information about the rules of this sort of thing.
Does anyone here have any real-world experience that they can share?