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A New Record for the Spanish Tourism due to British Citizens

A-New-Record-for-the-Spanish-Tourism-due-to-British-Citizens.jpgThe Spanish tourism reached a new record on account of the foreign visitors arriving from the United Kingdom (UK). The tourism industry in Spain registered the fifth record year and investors interested in opening a company operating in this industry should know that at the level of 2016, the field accounted for an overall value of EUR 77 billion. The projections for 2017 show that the industry will further grow and our team of lawyers in Spain can offer more details on the main types of permits that are to be obtained by companies operating in this industry. 

Spanish tourism in 2017 

In the first three months of 2017, the Spanish tourism increased compared to the same period of the previous year. In the first quarter of 2017, Spain received 20 million visitors, which represented a growth of 11.6% compared to the first quarter of 2016. 
The data on the Spanish tourism was presented by the Frontier Tourism Survey, operating under the National Institute of Statistics (INE), which also mentioned that the number of British tourists increased in 2017 by approximately 10%. Spain is the top touristic destination for British citizens and has been so for the last years. 

Tourism companies in Spain 

Investors interested in opening a company in Spain in the tourism industry can perform numerous types of activities. However, there may be special regulations depending on the company’s main operations, which can refer to the issuance of various permits or obtaining business incentives which may apply for specific economic activities. For example, a business which will act as a tour operator may need specific business permits.  
Our team of Spanish lawyers can offer in-depth assistance on such aspects. At the same time, investors should know that in the period between January - April, approximately 4.3 million British citizens arrived in Spain for visiting purposes

Andalucia, top Spanish touristic destination 

After the spectacular economic results obtained by Spain in 2016, the local authorities expect that 2017 will exceed the profits registered last year. The INE provides positive results in this sense as Andalucia, one of the top touristic destinations in Spain, has already registered EUR 6 billion deriving from tourism activities in the first quarter of 2017
Businessmen are invited to contact our law firm in Spain for more details on the registration of a Spanish company operating in the tourism industry


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