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Financial Times: Canarias, one of the most attractive places to invest

Canary Islands one of the most attractive places to invest

Stacked Financial Times magazines, highlighting the visible cover.

Canary Islands: A strategic destination for investing in Europe

According to a report from the prestigious British media Financial Times, Canary Islands is one of the ten most attractive regions in Europe for investment. This assessment takes into account several factors. Among them are its privileged climate, quality of life, infrastructure, and a favorable tax regime.

Why invest in the Canary Islands?

The archipelago offers a unique combination of year-round sun, dream beaches, and a high quality of life. These advantages attract both tourists and international entrepreneurs and investors.

The report also highlights the tax incentives of Canarias. In addition, its connectivity with key markets in Europe and Latin America contributes to the islands' attractiveness for investment.

Another important advantage is the ease of establishing businesses. The Special Economic and Tax Regime offers various incentives to companies. These include the Canary Special Zone (ZEC), the Reserve for Investments in Canarias (RIC), and the IGIC.

The ZEC allows for a reduced rate of 4% in corporate tax for entities that meet its requirements. Meanwhile, the RIC offers incentives for certain investments. The IGIC is the indirect tax specific to Canarias, with rates different from VAT.

These advantages make the archipelago a competitive destination for various sectors. These include tourism, renewable energies, and technology.

Other prominent regions for investment

The report also mentions other regions with high growth potential. These include southern Italy, northern Portugal, eastern Poland, and southern France.

According to the analysis, these areas offer profitable investment opportunities, even in complex economic contexts.

If you are considering investing in the Canary Islands, you can check the tax advantages on the official website of the Government of Canarias here.

In summary, Canarias is much more than an outstanding tourist destination. It is also a strategic place for those seeking business opportunities in Europe and competitive advantages.

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