As the Spanish news headlines tell us that 2017 is set to break all of the previous tourism records, it is a good time to reflect on why, and what is so good about Spain in 2017 that makes it possible.
The Travel & Tourism Competitiveness Index for 2017 produced for the World Economic Forum, shows us that for the second time in a row the tourism sector was ranked as the most competitive in the world. Spain received a top score of 5.4 out of 7 on its Competitiveness Index, over France and Germany, which ranked second and third respectively. The report pointed out Spain’s good infrastructure, security and wealth of cultural and natural resources, world-class aviation infrastructure and a modern transport system. This is the reward for successive Spanish governments prioritising a solid transport and tourism infrastructure, created with strong policy support. Spain has been climbing the tourism competitiveness scale: In 2011 it ranked 8th; by 2013 it was 4th, and in 2015 it was awarded the world title and won again in 2016 when 68 million people arrived and spent 52 billion Euros.
There is more; the baby boomers, the richest and best-educated generation ever, are drawing the biggest pensions and leaving the cold wet north for a new home in the sun. Fibre optic broadband is covering Spain in a highly competitive telecoms environment, at a time when working from home allows more people to choose their ideal location. In a virtuous circle, a percentage of visitors decide to become residents, and an increasing number of visitors results to more residents. We are seeing a new age of growth in Spain where 50 years of vision, planning, and work, meet the need of an age when holiday and residential tourism are at their most popular.
At Pellicer & Heredia we can help you become a Spanish resident and assist you in all your legal needs while living in Spain, offering you and your family peace of mind, so that you can get on with enjoying your life in the sunshine.