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Reasons Why You Should Invest in Spain

Reasons-Why-You-Should-Invest-in-Spain.jpgWith interesting and great geographic location on the southwest of the Iberian Peninsula, with openings at the Mediterranean Sea, Atlantic Ocean, Alboran Sea, and Cantabrian Sea and with remarkable landscapes, Spain is definitely a country where all kinds of business opportunities have positive and interesting standards. Tourism, agriculture, manufacturing, logistics or energy are the main sectors where foreign entrepreneurs should analyze the market to discover the opportunities of making money. Our Spanish lawyers can provide you with information about how to invest in Spain and about the legal services you need to consider for your company.

The economy in Spain encountered positive trends

According to the specialists in the economy, Spain will put an end to the financial crisis that started a few years ago. An increase of about 4% per year was registered as a reliable growing economy, with 3% inflation rate, important numbers to keep in mind when deciding to invest in Spain. Compared to other European countries, Spain is getting back on track, due to the interesting and appreciated efforts made by the government. The gross domestic product (GDP) is around EUR 980 billion and was attentively measured in the last past years, being nowadays at high levels compared to numerous states in Europe. The authorities put on display aggressive investment policies for all overseas businessmen who are ready to relocate and to take advantage of the significant economic position Spain offers nowadays.

Tourism investments in Spain

The dynamic economy is also based on the country’s fruitful tourism, which is a significant engine for Spain. Foreign investors are advised to benefit from the flourishing tourism sector and to buy properties at suitable prices, in every corner of Spain. Having accommodations (hotels, villas, apartments) for tourism reasons in Barcelona, Girona, Tarragona, Bilbao, Alava, Cadiz, Sevilla, Malaga, Cordoba, Ourense, Pontevedra, Jaen, Madrid, Las Palmas, La Rioja, Basque Country, Santa Cruz de Tenerife, Valladolid or Badajoz can be excellent choices because these are important autonomous provinces in Spain where tourism encountered brand new positive levels in the last years, although crisis occurred.

What other important sectors to consider in Spain

Spain has a stable international currency, being the first state that adopted the Euro, giving up the peseta currency use. As for the key investment domains in the country, we remind that telecommunication, agriculture, construction, clothing, pharmaceuticals, logistics, health, green energy or aeronautics need to be properly analyzed for further investments. Tax exemptions or financial subventions are important incentives recommended and offered by the authorities in Spain to encourage the foreign investments.  
If you need legal services for your company or for personal matters, or extra details about the investment opportunities in the country, it is recommended to contact our law firm in Spain.


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