Why You Should Invest In Spain?

Even though Spain was at the end of a bad financial crisis several years ago, this country is now among the most popular markets when it comes to investments. Thanks to the good policies, Spain managed to bounce back and record increased employments, a rise in GDP, and a huge spike in both domestic and foreign investments.

Statistics show that Spain is now the third-largest investment market in the EU, which is an incredible achievement, considering the fact that up until a few years ago, they were battling a very deep crisis. 2021 is set to be a very good year for the Spanish stock market, which is why we wanted to name a few reasons why you should check it out and even invest in it. But, before we do that, let’s discuss one important matter when it comes to investing in this country.

What are The Best Platforms for Investing?

The first thing that you need to do before deciding to invest in the Spanish market is determine what is the best platform for investing. Online investments have become very popular in the past couple of years because they are far more efficient and effective than traditional brokerage companies.

Trading platforms let you have more control over your money, they provide you with a better view of the market, and you can even do some research on your own before deciding to put your money on the line. These advantages are massive, especially for the people as they reduce the risks of losing money.

A reputable trading platform can be of massive help as they have a lot of functions that can help you invest safely. With that being said, it is worth taking a look at the top 10 trading platforms for 2021 at compraracciones.com. Their list consists of the best free platforms on the market.

Now, let’s take a look at some of the reasons why you should invest in Spain.

Many Sectors are Strong

First of all, many sectors and industries in Spain are very strong and reliable. The health system, tourism, renewable energy, telecommunications, and land transportation are just a few of those sectors. Thanks to the fact that they are growing in value, Spain has become a wanted market due to its stability. The risks involved are much lower compared to other countries.

Lower Costs for Companies

Spain’s policies benefit the companies because the costs are much lower than the ones in the EU and the world. Let’s take pay employment costs as an example. These costs are 29% lower compared to the Eurozone region and 15% lower compared to other countries in the European Union. Lower costs mean that the company can save more money and increase profits, which is a massive benefit in the quest for success and more than a solid reason why you should invest.

Very Open To Foreign Investments

Ranked 12th on a global level, Spain is one of the largest recipients of foreign investments in the world. It is also ranked 9th for its openness to foreign investments and 3rd in Europe. Not only that, but the law also benefits foreign investors and makes it easy for them to invest their money in this country.

The Spanish Act helps foreign investors by not placing any restrictions when it comes to opening local businesses and starting various incentives. These benefits are the reason why Spain is so popular with foreigners.

Even in times when Spain was politically unstable, investors didn’t seem to care too much. The economic sector was strong and filled with investments. Just to make a comparison, Italy and the UK faced similar problems, but unlike Spain, the number of investments fell down at a massive rate.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes