HOW TO INVEST IN SPAIN ?

INVEST  IN SPAIN  

Spain has the sixth largest FDI stock and is the sixth largest investor in the European Union (2017).

Came to invest in Spain with us

    

The country's main strong points are flexibility and adaptability of economic operators and in the quality of life the country offers.

The country's weak points are the low productivity of its manpower, its weak competitiveness as well as a growing trade balance deficit. The complexity of the regulation system with regard to the 17 Autonomous Communities is also a hindrance to investment.

Spain applies the principle of free establishment and non-discrimination. Foreign investors can operate any type of business and under the same conditions as a local investor. The CEE Council Directive no. 88/361/CEE dated June 24, 1988, concerning the free movement of capital between the residents of member States was adopted in the Spanish legislation by Law no. 18/1992 of July 1, 1992, and came into effect on July 4, 1992 and by Royal Decree 1816/1991 no. 1816/1991 of December 20, 1991 on Foreign Economic Transactions.

The Government provides various incentives for investors, such as grants, tax benefits, professional training, preferential access to credit, etc. For more information consult us at info@virginiaramos.com.

The gaming, television, radio and air transport sectors are protected by restrictions for the investors residing outside an EU member country; it is the same for businesses manufacturing and selling arms. In the latter case .these restrictions also concern investors within the community.

Spain has signed bilateral agreements with almost 90 countries a part from the compulsory protection of UE Law.

Spain has signed the MIGA convention.

Chemical industry, automobile, naval construction, textile and leather industry, paper manufacturing, telecommunications, banking, infrastructure, energy.

High Potential Sectors

The website Invest in Spain suggests a range of investment opportunities. Regional websites also propose other opportunities. In Andalucia we have plenty of investment opportunities.

In the energy sector, the government plan for renewable energies represent an opportunity for investments in technological innovation. The biotechnology sector has developed four times faster in Spain than any other countries of the EU. The investments in this sector exceed 25% per year, making Spain the fourth biggest contributor of the world in scientific production in the biotechnology sector. According to the Spanish Institute for External Trade, the chemical, pharmaceutical and plastics industry represent real investment opportunities.

Spain has become one of the most attractive destinations for call-centers. It has attracted several multinationals thanks to a labor cost 30% less expensive than in other European countries. R&D in the Information Technology (IT) and data processing (software development, artificial intelligence, supercomputers, etc.) is also one of the spearheads of Spain. A center for the development of technological industry to encourage technological research in Spain exists since 2006. In fact, many real-estate investments are going to be made on the Costa del Sol, Costa de la Luz, Costa Tropical, Costa Almeria especially for developing infrastructures for tourism.  

  We have large experience supporting Legal and Tax help  to  foreigners investors in Spain.

Please contact us  at info@virginiaramos.com for a consultation meeting.