British, Swedish, Irish, French and Germans have shown increasing interest in setting up businesses in Spain, attracted by its climate, culture and expanding market. Here we detail the types of businesses that foreign investors have opened in Spain, based on data and trends observed in business magazines and relevant sources.
1. British Businesses in Spain
British entrepreneurs have been especially active in the hospitality and tourism sector, given Spain’s popularity as a holiday destination. According to data from The Economist magazine, many Britons have invested in bars, restaurants and tourism companies in coastal areas such as the Costa del Sol and the Balearic Islands. In addition, the real estate sector has seen a boom, with Britons buying properties to rent to tourists, which has been highlighted in publications such as The Financial Times.
2. Swedish Investments in Spain
Swedish entrepreneurs have shown interest in the technology sector and startups. Forbes magazine mentions that several Swedish companies have opened offices in cities such as Barcelona and Madrid, where they seek to take advantage of the entrepreneurial ecosystem and innovation. In addition, Swedes are investing in the sustainability sector, with businesses focused on renewable energy and eco-friendly products.
3. Irish opening businesses in Spain
Irish interest in Spain has grown mainly in the technology and financial services sector. According to the Irish Times, several Irish technology companies have established operations in Madrid and Barcelona, taking advantage of the skilled workforce and favorable business environment. There has also been a growth in the opening of pubs and restaurants offering Irish cuisine, especially in cities with a significant expatriate community.
4. French investments in Spain
French investors have been active in the real estate sector, especially in the purchase of properties on the Mediterranean coast. Le Figaro magazine highlights that many French people are looking for holiday homes and investment opportunities in the tourism sector. In addition, gastronomy also plays an important role, with restaurants and delicatessens opening offering French products.
5. German Investors’ Business in Spain
Germans often invest in sectors ranging from hospitality to manufacturing. According to Der Spiegel, there is a growing number of German companies that have opened factories in Spain to take advantage of the lower costs and strategic location in Europe. In addition, many Germans are interested in the tourism sector, with investments in hotels and services related to leisure and entertainment.
Expatriate Investments in Spain
Foreign investment in Spain by these countries is driven by factors such as quality of life, favourable climate and growing business culture. Trends show a diversified approach, with particular interest in the technology, hospitality, tourism and sustainability sectors.
This analysis is based on various sources of business magazines and economic data, which reflect the dynamics of the Spanish market and the investment preferences of these European countries. Opportunities continue to expand, suggesting that Spain’s attractiveness as a destination for foreign business will continue to increase.