Are you stationed in Spain and want to start your own business and make your mark on the vibrant Spanish market?Spain offers a wealth of opportunities for aspiring entrepreneurs, and with the right ideas and strategies, you can succeed in this exciting environment. In this article, we will explore 25 business ideas to start as an expat in Spain that will help you enter the local market and fulfill your business dreams.
Spain: The ideal destination
Spain is an attractive destination for expats who want to start their own small business. As it has a vibrant tourist culture, many retail establishments have sprung up around popular areas to cater to holidaymakers and locals alike. From food-related businesses to clothing stores or souvenir shops, there are plenty of opportunities to tap into local scenes while enjoying a rewarding expat experience in Spain.
1. Designer clothes
If you are creative, clothing design is a great business opportunity in Spain.Fashionable clothes are in high demand, so if you like the style, take advantage of it. You can open your store or sell online to take advantage of the Spanish market and more. Customers pay a lot for unique jewelry, so it's a great way to make your mark in the fashion world.
2. Create online courses
Creating online courses is probably the biggest source of passive income for an expat in Spain. This allows you toshare your expertise, knowledge and skills with the world through digital technologyand generate passive income. You can do this through your own subscription page or go to Udemy and create an online course. There are thousands of topics you can start teaching and you have unlimited options to go as deep as you need to learn the right topic.
3. Business travel guide
The Spanish coast, let's sayCosta del Sol, is a popular tourist destination and offers the opportunity to open a travel guide business. You can make an offerguided tours, city tours or historical toursto make the Spanish experience even more pleasant for guests. You can also provide transportation services and give tourists a more comfortable experience while exploring the country.
4. Create a content site
If you are looking for an affordable business idea and the possibility to work from home, look no further than a content website in Spain! To start, choose a niche that is not too crowded with blog posts from other sites. Frombe creative about topics that will bring value and apply some SEO techniques.With enough effort, your website will attract more traffic on a daily basis, which means it's time to start making money. Consider using Google Adsense or offering advertising space directly to partner companies that can benefit from your site's partnership.
5. Laundry service business
This is one of the simplest business ideas to start in Spain as an expat and it can be very profitable. You just need a few washing machines, a dryer and some Spanish-speaking staff to get started. Once your business is up and running, you can bidadditional services such as ironing or even door-to-door service.The idea is to give your customers convenience, making them more likely to remain loyal.
6. Become a language teacher
Although English is still the main language that Spanish people try to learn, there are many todaypeople want to learn more languages.In this case, if you are an expert in German, Chinese, Japanese, Arabic, Hindi, French or Italian(or other language), then there will be no shortage of enthusiastic students who want to learn from you.
7. Enterprise Polytechnitis
Every Spaniard needs a handyman at some point and this is a good company to start in Spain if you are handy with DIY projects. You can make an offerplumbing, painting, carpentry and electricity.The Spanish market is always looking for reliable, high quality craftsmen.
8. Café in café
In Spain, cafes are more than just places to grab a quick cup of coffee, and they areplaces where people gather to relax, read and chat with friends. Opening your own cafe or coffee shop is a great way to bring Spanish culture into your home.
9. Souvenir shop
Thousands of tourists undoubtedly flock to Spain throughout the year. There is something for everyone: Barcelona and Madrid, walking tours or food tours. However, one activity is constant among them all: souvenir shopping. If you plan strategically andchoose a suitable location that is central but also affordable for rental prices,then your demand as a shop owner will be high. Finding this balance between accessibility and financial cost can successfully promote your business to both the Spanish population and tourists.
10. Food truck
This is a great business opportunity for expats with a passion for cooking. You can do that by setting up a food truckbring your traditional meals to different places.You can easily adapt the menu to Spanish tastes and local specialties.
11. Open a travel agency
Everyone loves to travel and Spain is a great destination for Spaniards and foreigners alike. If you're passionate about helping people plan the perfect Spanish vacation, opening a travel agency could be your ticket to success in Spain. If a business idea is worthwhile,it should be about selling experiences, not products or services.As an expat in Spain, you are in a unique position to take advantage of this and offer travel packages that specifically cater to the needs and wants of visitors from around the world. You know exactly what impressed you while you were exploring Spain. now share the same unforgettable experiences with others. You can arrange everything from flights, accommodation and car hire to excursions and local activities.
12. Ice cream shop
Because of the heat, ice cream is a favorite Spanish treat, so starting an ice cream shop in Spain can be very profitable. It is a relatively cheap business to start and fixed costs are low. If you choose to make your ice cream from scratch,you can customize flavors that use Spanish ingredients like olive oil, almond milk or churros crumbles. You can even offer vegan options for those with dietary restrictions. With a little creativity and hard work, you can create an ice cream shop that is popular with locals and tourists alike.
Spas offer services to improve health and beauty through personal care treatments. Spa services range from manicures to pedicures and massages to facials. You can start a spa business in Spain that caters to locals and tourists.With the right marketing strategy, you can set your spa business apart from the competition.
Spain is known for its tourism and attracts travelers from all corners of the world every year. Since visitors prefer to communicate in their native language, this creates a great opportunity for translators.You can serve as a translator during any travel-related activity or explore other exciting opportunities for you.
Choosing the path of a freelance translator opens up countless possibilities. Whether it's website content or promotional material, your skills can be used to create multilingual publications and deliver messages around the world. Since Spain has many languages, you can specialize in Spanish translations, Spanish-English translations or even Spanish-French and Spanish-German. If you are multilingual with experience in more than one language, then this could be the perfect business opportunity for you to explore.
15. Organic Meals Coffee/Rest
Healthy eating is no longer a trend – it's an international craze, especially in Spain. If you have the ambition and vision to make a difference in the health market, open a restaurant or cafe specializing in healthy cuisine. You are sure to create your own niche by providing people with nutritious food options to enjoy. Organic ingredients are now widely available, but it is necessarymake sure you understand Spanish food laws and regulations as wellSpanish taste in food.
16. Digital Marketing Agency
This is one of the most prosperous companies in the world. Spain is no exception. As the Spanish economy grows, Spaniards are turning to digital marketing to help them reach their desired target audience.If you have a background in social media and digital marketing, this could be the perfect business opportunity for you.You can offer services such as web design, search engine optimization, content creation, social media management and blogging to Spanish companies to improve their online visibility and brand recognition. The Spanish market is still relatively new, so there is a great opportunity for you to create your own niche in the digital marketing industry.
17. Start a destination wedding service
Spain has some amazing destinations where couples can get married.You can help couples decide on their wedding while on holiday in Spain or even organize the wedding yourself.For this type of business, you need to be good at Spanish, know local laws and regulations, and know how to communicate with local professionals such as florists and photographers. You should also get all the necessary documents, such as the execution of the event.
Do you know all the hidden gems in Spain?As an expat, why not use your knowledge to help tourists explore the country further?You can start your own tour guide business and take people of different nationalities to the most beautiful places in Spain.You can arrange walking, cycling or motorbike tours - whatever suits your customers best. With the right business setup, you can help tourists experience Spain like a local and make money at the same time.
19. Start a hotel business
Every state with a tourist destination needs a hotel. If you have the necessary resources and experience, this could be your chance to become a hotelier in Spain.By adding breakfast to an offer, you can attract more businessbecause most people prefer hotel meals, especially in the morning.
20. Become a personal trainer
Another good business idea to start as an expat in Spain is to become a personal trainer. As more and more people become health conscious,there is a growing demand for personal trainers.You can offer services like exercise sessions, personal training, nutritional advice and so on to help peoplekeep fit and healthy.
21. Start a car rental service
If you are looking for a profitable business idea to start as an expat in Spain, consider starting a car rental service. As more and more people travel to Spain, there is great potential for business in this area. You can offer luxury cars or budget cars for rent to tourists.You must have a valid business license and a fleet of vehicles(or a partnership with an existing car rental company)to make this business a success.
22. Start a trading company
Another good business idea to start as an expat in Spain is to set up a trading company. You can import or export goods from abroad to other countries, depending on the demand in Spain.This is a lucrative business opportunity and requires some initial investment.You must know the applicable laws and regulations for establishing a commercial business in Spain and be familiar with the local market.
23. Become a Freelance Social Media Manager
Social media is now an essential part of any company's marketing strategy, and many companies are now looking to outsource their social media management tasks. As an Expat, you can use your skills and knowledge to become a freelance social media manager for Spanish companies.You must be proficient in using various social media platforms and have some marketing experience to make this business work.
24. Become an AI consultant
Artificial intelligence (AI) is transforming the way companies operate today, and there is huge potential for AI consultants in Spain. As an AI consultantYou should help companies understand and implement AI solutions to improve their business processes.You need a good understanding of the latest AI technology trends and knowledge of the Spanish market. This is a great online business to start and make money in Spain as an expat.
25. Cleaning company
The best business ideas to start as an expat in Spain include a cleaning company. Cleaning is always in demand, especially with the busy lifestyle many of us lead.You can offer various services such as washing windows, carpets, upholstery, cars etc.You can also offer laundry or cleaning services. This is an affordable business to start and you don't need a lot of capital or experience to get started.
A word from SpainDesk
Starting a business in Spain as an expat can be an exciting and rewarding endeavor. With a wide range of business ideas to explore, from entering the tourism industry to opening a restaurant, starting a language school, starting a freelance career or creating an e-commerce business, there are many opportunities for success. By combining your unique skills, passion and deep understanding of the local market, you can pave the way for a thriving business venture in Spain. So take the plunge, unleash your entrepreneurial spirit and embark on a remarkable journey to the land of opportunity.
Disclaimer:The information on this page may be incomplete or out of date. The information provided should under no circumstances be considered professional legal or financial advice. We strongly recommend that you seek the advice of a legal or financial expert if you do not have extensive knowledge or experience in dealing with any of the procedures described in these articles.
What is the best business opportunity in Spain? ›
- Tech. Large companies in the technology sector as Oracle or Google, have already chosen Spain as an investment destination. ...
- Real Estate. Spain has become one of the favourite countries for real estate investment. ...
- Tourism. ...
- Digital Marketing. ...
Who can start a business in Spain? No matter if you are a foreigner or a local citizen of Spain, everybody is allowed to start your business in the country. The only requirement is that you are a legal resident.What kind of businesses are the most common in Spain? ›
The business landscape in Spain
The major industries that drive the economy of Spain are tourism, manufacturing, agriculture, and energy.
It would depend on several factors (such as: initial share capital, number of partners, extension of the incorporation deeds, …). The costs for setting-up a limited company in Spain (3,000 euros initial share capital, with 1-4 shareholders usually are: 3,000 € (initial minimum share capital).What is Spain's biggest source of income? ›
The industrial sector accounts for 20.4% of GDP and employs one-fifth of the active population. Manufacturing as a whole is the most important sector as it accounts alone for around 12% of GDP (World Bank), although factory activity in Spain shrank for six consecutive months in the second half of 2022 (data INE).How can I make extra money in Spain? ›
- Join the Queue. ...
- Take Up Dog Walking. ...
- Sell Items You Don't Need. ...
- Set Up an Online Shop. ...
- Offer Translation Services. ...
- Teach Online. ...
- Offer Mystery Shopping Services. ...
- Explore the World of Investing.
Starting a business in Spain doesn't always need to be an arduous process. Depending on the type of company you are setting up, however, you might find the journey somewhat bureaucratic and long-winded. EU citizens setting up as sole traders or partnerships can jump through the required hoops relatively quickly.Can I work in Spain for an American company? ›
International citizens looking to work in Spain must obtain the appropriate work visa. You can get a Spanish work visa from the Spanish Embassy or the Consulate in your last state/country of residence.Can I live in Spain if I open a business? ›
The entrepreneur visa is a residence permit that allows you to live in Spain during a three-year period provided that you start a project in the country that goes in line with the general interest of the Spanish economy.What are the top 5 industries in Spain? ›
|Average net salary||€1,840 / $2,013 monthly (2022)|
|Main industries||machinery electronics medical equipment chemicals motor vehicles clothing food processing tourism shipbuilding|
|Ease-of-doing-business rank||30th (very easy, 2020)|
What industry is most active in Spain? ›
Major Industries and Trends
Spain is the world's largest producer of olive oil and the world's third largest producer of wine. The country is also one of the largest producers of oranges and strawberries in the world.
- Alicante: Photo: Vicente Viana/Pixabay.
- Barcelona. Photo: Joaquin Aranoa/Pixabay.
- Madrid. Photo: Surya Namasté/Pixabay.
- Nerja. ...
- Costa Blanca. ...
Proof of sufficient financial means.
A foreigner who seeks to enter the territory of Spain needs to attest owning at least 100€/day, with a minimum of €900 per person regardless of the intended duration of the stay.
Startup Loan Amounts
Startup loans typically range from $9,000 to $20,000. You can be funded for as little as $500 or for as much as $750,000 (though you'll need a large personal income for a loan that size). Startup loan decisions are made differently from other forms of business financing.
As a general rule of thumb, it's recommended that businesses have at least three to six months' worth of cash on hand to cover operating expenses if possible.What are the top 3 industries in Spain? ›
Spains economies most important industries include tourism, chemicals and petro-chemicals, heavy industry and food and beverages. Spain is also Europe's fourth large manufacturing country after Germany, France and Italy.What is Spain's highest value export? ›
The most recent exports are led by Cars ($34.4B), Refined Petroleum ($12.4B), Packaged Medicaments ($12.2B), Motor vehicles; parts and accessories (8701 to 8705) ($10.8B), and Vaccines, blood, antisera, toxins and cultures ($8.93B).
Spain is the world's largest producer of olive oil and Europe's largest producer of lemons, oranges, and strawberries.What can you earn tax free in Spain? ›
- If you only have one job and earn less than €22,000 a year.
- If you've multiple jobs and earn less than €14,000 a year.
- If your capital gains total to less than €1,600 a year.
- Annuities for child support.
According to the 2022 statistics, the average salary in this country was €2,710 gross per month or €32,520 per year. Only 25% of the population earned over €7,080 per month. The other 25% of the population failed to earn even €1,600 per month.
What is a good income in Spain? ›
What's a good salary for a comfortable life in Spain? Considering the average cost of living in Spain, a good monthly net salary for a comfortable life in Spain is €2,700 for a single person or €4,000 for someone supporting their family.How do I start an LLC in Spain? ›
- Register the company's name.
- Open a Spanish bank account.
- Draft Articles of Association.
- Sign Public Deed.
- Register Public Deed.
- Obtain a NIF number.
- Complete a D1-A Form.
- Get your work permit. ...
- Obtain your NIE number. ...
- Tax registration: the IAE. ...
- Registering on the social security. ...
- Daily operations and tax returns.
Visa for people aged 16 or over who seek to engage in self-employed activity in Spain. To obtain a self-employed work visa, it is first necessary to obtain an initial residence and self-employed work permit. For this reason, the procedure comprises two stages.What jobs are most in demand in Spain? ›
To increase your chances of finding a job in Spain, it's crucial to understand which jobs are in high demand. Sales, engineering, customer service, marketing, tourism, finance, legal, healthcare, information technology, and data processing are among the most popular jobs in Spain in 2023.What are the shortage occupations in Spain? ›
Shortage occupations occur in professions such as doctors, engineers, marketers, operating staff and business consultancy. There are also shortages in occupations such as translators, pilots and teaching positions.What American companies have branches in Spain? ›
You may ask yourselves why so many US companies like IBM, Pfizer, Oracle, Celgene, Caterpillar, AIAC, Freeport Moran, Microsoft, Cargill, Abbott Laboratories, Agilent Technologies or Costco to name a few, have chosen the Southern region of Spain, Andalusia for their operations in Southern Europe and Northern Africa, or ...Can I live in Spain and pay tax in USA? ›
The US has a citizenship-based taxation system, which means that regardless of where you live, as a US citizen, you're required to report your worldwide income and assets to the IRS.How can I avoid tax residency in Spain? ›
Spend more than 183 days in Spain during a calendar year. In determining the period of stay, temporary absences are included in the count, except when the tax residence in another country can be proven. Special anti-avoidance rules are established for tax havens.How long can I stay in Spain if I own a house there? ›
How Long Can I Stay in Spain if I Own a Property? Even if you own a property in Spain, you're still entitled to stay for only 90 days in a 180-day period without applying for a residence permit or a visa. You can still buy or rent your property as you wish, but you must be careful not to overstay the 90/180-day rule.
What are 3 products Spain is known for? ›
In Spain—a country famous for producing gorgeous ceramics, fancy flamenco dresses, and world-beating aged wines—shopping is made easy with a wealth of souvenirs. From organic olive oil and rare cheese to handcrafted pottery and flouncy fashion, Spain's souvenirs offer something for every type of traveler.What is the most industrialized city in Spain? ›
Barcelona's strategic location, on the Mediterranean Sea, at the mouth of two river valleys that form natural inland routes through the mountains, and close to the border with France has helped its emergence as Spain's main industrial and commercial centre.Where does Spain rank in quality of life? ›
Spain is the second country in the world in life expectancy, according to the OECD. Contributing factors include the Mediterranean diet, and mild climate. Spain ranks 8th worldwide in the Universal Health Coverage Index, according to the IMD's World CompetitivenessYearbook (2022).What are Spain's top 4 industries? ›
The major industries that drive the economy of Spain are the tourism, manufacturing, agriculture, and energy industries.What religion is most common in Spain? ›
The Catholic branch of Christianity is the most widely professed religion in Spain, with high levels of secularization as of 2022.Where do millionaires go in Spain? ›
Where do richest live in Spain? It depends on the city, the rich live in one neighborhood or another, for example in Barcelona people with more money live in Pedralbes or Sant Gervasi. What is the most luxurious city in Spain? The richest cities in Spain are Barcelona and Madrid.What is the easiest place to start a business? ›
Ultimately, the best EU country to set up a company depends on the specific needs of the business. Companies should carefully consider all of the factors before making a decision. The countries with the lowest corporate tax rates are Hungary (9%), Bulgaria (10%), Ireland (12.5%), and Luxemburg (15%), in that order.How much money do you need in the bank to get residency in Spain? ›
A regular monthly income of at least €600 OR a lump sum/savings of at least €7000 in a Spanish bank account. All financial proof needs to be in Spanish and stamped by the issuing Spanish bank.What do US citizens need to travel to Spain? ›
Present proof of identity and a valid travel document. Present the corresponding visa if required, according to nationality. Provide evidence of meeting the conditions for the proposed stay and of possessing sufficient financial resources. Not be subject to a ban on entering Spain.
How much cash can you pay into a Spanish bank account? ›
Update July 10 2021. The amount of 1000 euros maximum payments in cash is now law. The total was 2.500, proposed the Consejo de Ministros early December 2016 to be lowered to 1.000 but that has never made it into law.What is the monthly payment on a 1 million dollar business loan? ›
Example Monthly Payments on a Million Dollar Business Loan
Business loan terms and payment amounts are variable based on terms and rates. Consider a $1M loan with an interest rate of 4% fixed for 20 years. The monthly payments on that business loan would be $4,774.15.
- Cryptocurrency Trading. ...
- Web & mobile app development. ...
- Launch your SEO agency. ...
- Start a Digital Marketing Agency. ...
- Start an eCommerce Store. ...
- Start an eCommerce Store.
How Much Money on Average to Start a Business? On average, startup and first-year costs often fall between $30,000 and $40,000. However, it is possible to start a business with an initial investment of $0, $100, $1,000, all the way up to millions of dollars.What are 3 examples of start up costs of a business? ›
What are examples of startup costs? Examples of startup costs include licensing and permits, insurance, office supplies, payroll, marketing costs, research expenses, and utilities.Is $100 000 enough to start a business? ›
Buy or start a business
That $100K is more than enough to provide adequate seed capital for many business ventures. It often pays to think outside the box to develop passive income streams from your business. For example, you might buy ATMs in well-positioned places. Or, you might buy a fleet of vending machines.
Most financial experts recommend three to six months of operating expenses, but using this for every business in every situation is misleading.What is Spain's biggest business? ›
TOP Industries in Spain
The industry with the highest number of companies registered in Spain is Services with 1,032,746 companies followed by Retail Trade and Finance, Insurance, and Real Estate with 732,819 and 685,198 companies respectively. To find insights that meet your specific search criteria use our Screener.
No economy is perfect in every way when it comes to starting a business. But as far as business culture, infrastructure and government support go, Spain is a strong choice. If you can use the pros and cons of starting a business in Spain to your advantage, you could do very well.Which city in Spain is best for starting a business? ›
- Alicante: Photo: Vicente Viana/Pixabay.
- Barcelona. Photo: Joaquin Aranoa/Pixabay.
- Madrid. Photo: Surya Namasté/Pixabay.
- Nerja. ...
- Costa Blanca. ...
Is it easy for an American to get a job in Spain? ›
While it's certainly easier to secure an expat job in Spain as a European, finding jobs in Spain for Americans isn't as uncommon as you might think it is. There are currently over 3 million expats working in Spain, and more than 2 million of these expats come from outside of the EU.What skills shortage in Spain? ›
Shortage occupations occur in professions such as doctors, engineers, marketers, operating staff and business consultancy. There are also shortages in occupations such as translators, pilots and teaching positions.
In short, anyone who is not from EU countries needs to obtain a Spanish work visa to live and work in Spain. Without a work visa, a company cannot legally employ non-EU citizens, nor can a freelancer remain and work in Spain.What American brands are in Spain? ›
You may ask yourselves why so many US companies like IBM, Pfizer, Oracle, Celgene, Caterpillar, AIAC, Freeport Moran, Microsoft, Cargill, Abbott Laboratories, Agilent Technologies or Costco to name a few, have chosen the Southern region of Spain, Andalusia for their operations in Southern Europe and Northern Africa, or ...What are the 5 main products of Spain? ›
Spain's main exporting sectors are chemicals, capital goods, food, beverages & tobacco, vehicles, and non-chemical semi-manufactures.Is a property in Spain a good investment? ›
Property investment in Spain: a very strong return of +11.2%
According to statistics released by the Central Bank of Spain in November 2022, the return expected on the residential Real Estate market in Spain is 11% and 8.4% if you take a mortgage – Green line on the chart.
What is the richest part of spain? The richest areas have always been the north of Spain, where we can find Catalonia, Navarra and the Basque Country. We should not forget Madrid which is the capital of Spain.How much tax do businesses pay in Spain? ›
The general rate of company tax is 25%. There is a lower tax rate for newly-formed companies, which applies to the first two years in which it obtains a taxable profit. The rate is 15%.