Spain has a great deal of highly skilled human capital with a competitive advantage, thanks to the quality of education.
Spanish universities produce professionals with skills and competences that are highly valued internationally.
In Spain, the university system is made up of 85 universities (50 public and 35 private), as well as 322 research institutes and 78 science and technology parks.
Four Spanish business schools ( IESE Business School, IE, Esade y EADAl) rank among the European’s top 20 business schools.
|1||Insead||France / Singapur|
|2||London Business School||UK|
|3||Iese Business School||Spain|
|6||University of Cambridge: Judge||UK|
|8||University of Oxford: Saïd||UK|
|9||Imperial College Business School||UK|
|10||Esade Business School||Spain|
|11||IE Business School||Spain|
|13||ESCP Business School||France/UK/Germany/Spain/Italy|
Furthermore, the MBAs from 2 Spanish business schools are among the top 10 best European MBA programmes according to the 2022 Global MBA Ranking.
Spain’s regulatory framework is modern, flexible and transparent and is based on the standards and best practices of the OECD.
Foreign companies based in Spain provide direct employment for 1.7 million workers, according to the Foreign Investment Registry (Last data availble, 2020).
Salary costs are also more competitive than in other major European economies.
Labour cost per hour worked, 2021 (€/hour)
Productivity in Spain has been on an upward trend for the last ten years and continues to grow faster than in other European countries.
Unit Labour Cost| Index 1999=100.GRAFICO. TESORO
Real Productivity | Index 1999=100
This is a great time for Entrepreneurship in Spain. Supported by national and regional policies and incentives, this surge in new entrepreneurial initiatives promotes various forms of work-related alliances.
Spain is an open and inclusive society. More than 6 million foreigners live in the Spanish territory (13% of the population) and are well integrated into the society. Spain is particularly attractive to Spanish-speaking talent.
Spain is the preferred destination of university students in the Erasmus exchange program according to the European Commission: mainly for the language, the quality of its universities and its open and inclusive culture towards foreigners.Quality of Life
In Spain there are specific formulas designed to facilitate worker, investor and entrepreneur relocations.
Spain has excellent diplomatic relations with nations world-wide. The Spanish passport is the third most highly valued by the countries (190) to which it offers visa-free entry (Visa Restriction lndex, 2023).