OBS_VALUE: Untill 2020 the only investments subject to screening were: (i) investments from tax havens, which in general are subject to a prior administrative notification; and (ii) foreign investments in activities directly related to national security, and real estate investments for diplomatic missions by non-EU Member States, which require prior authorisation by the Spanish Council of Ministers. See Royal Decree 664/1999.In 2020, Spain broadened the scope of screening requirements made by non-EEA investors including public order, public security and public health. As outlined in the Royal Decree 11/2020 section V, the new screening mechanism is based on the necessity to prevent that foreign investors acquire spanish companies by taking advantage of the decreased value due to the Covid-19 crises. See Law 19/2003.This 2020 provisional reform was made permanent by Decreto Ley 571/2023.