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The strong spending is not only a positive sign for economic growth but also for an increase in profitability for companies in the private sector.
As a member of the European Union (EU), Spain has access to market of more than 500 million people. Additionally, Spain has more than 20 bilateral agreements with various countries in EMEA.
Spain’s infrastructure has improved, digitized, and modernized over the past few decades, which makes it stand out from its other Southern European neighbors. Spain’s digital infrastructure is also very impressive with a robust tech sector that presents huge opportunities.
The Spanish government has implemented many policies to indicate their openness to investment.
After the economic crisis and the pandemic, there were many incentives given to the private sector by Spain’s legislative body.. The main aim of this law was to aid those investors who wish to start a business in Spain.