Dubbed as “the Countal City,” Barcelona in Spain is undoubtedly a paradise for tourists from around the globe. As a matter of fact, this beautiful world city in western Europe ranks eighth in the World’s Best Cities ranking in 2020. Among the best and most promising places to visit in Barcelona are the Basílica de la Sagrada Família, Barri Gòtic, Casa Milà, and so much more.
However, for entrepreneurs looking to expand their business in various parts of the planet, Barcelona is also a perfect choice. It provides a paradise for businesses for a variety of reasons. Without further ado, find out here the nine reasons why Barcelona may be the perfect place for your new business.
9 Reasons Why Barcelona May Be The Perfect Place For Your Entrepreneurial Endeavors
Below, you will see the chief reasons why Spain’s Barcelona may be the perfect place for your new business.
1. Barcelona Is Accessible And Well-Connected
Aside from having one of the major ports in Europe, Barcelona also has a high-speed train connected throughout the continent. This, not to mention the city also has a beautiful airport and motorway links.
Beyond these, much money has likewise been invested in upgrading the communications systems around the city. In fact, it is now home to the second-largest trade fair site in Europe.
2. The City Offers Large And Diversified Activities
Aside from offering accessibility and connectivity, Barcelona is also offering companies with so many opportunities since the city is now gearing toward economic and knowledge-intensive activities.
Did you know that Barcelona has now become a leading force and entity in the online community? Because of this, it is now able to offer the most advanced services that even clients in other cities like Berlin in Germany, Paris in France, and London in the United Kingdom cannot offer yet.
3. It Has Successful Investments From Foreign Companies
Right at this very day, Barcelona is home to more than 5,000 foreign companies. It is thus very interesting to note that over 50 percent of all Swiss, Japanese, North American, Austrian, Italian, and French companies that have preferred to operate their entrepreneurial endeavors in Spain have selected to set up headquarters in areas surrounding Barcelona. As a result, these companies are offering so much help to consistently revive the local economy, such as by paying taxes in Spain. Riveting, right?
4. Barcelona Has Key Strategic Drivers
You will find that in this renowned worldwide city, companies linked to sustainability and new technology are rapidly rising. As a result, several investments and business opportunities are currently being offered to companies that want to set up their headquarters here in this city. The more investments Barcelona receives, there is much better infrastructure for those who choose to set up their new businesses here.
5. This Spanish City Is Teeming With Human Capital
Aside from the reasons you have learned about so far, it is also interesting to note that Barcelona has now chosen to invest in people who prefer to make the city their home. Forty-eight percent of those working in the city work in knowledge-intensive services. This has resulted in many specialists specializing in a vast array of fields who also choosing to move into the city. In turn, this has catapulted the city to be recognized as location friendly for many businesses.
6. It Is On Its Way To Becoming One Of The Hottest International Technology Hubs In Europe
Good news, right? Nowadays, Barcelona is being chosen as the venue of many incredible events that draw many people from all over the world. However, what really counts for the startup scene in this city are the people who come to do business, work, and live.
Foreign companies, tech talents, and investments are pouring into Barcelona. These create an international entrepreneurial ecosystem not found elsewhere and in which startups can thrive in.
7. Barcelona Has An Attractive Lifestyle, It Is Not Difficult To Convince People From Various Parts Of The World To Move And Work Here
Once you begin scaling your company and growing your team, you will go through hiring people from outside of Spain. Did you know that this is one of the factors where Barcelona wins?
While it is true that salaries in this Spanish city may not be as high as in London or Berlin, Barcelona offers a great brand that attracts individuals. Who would not want to live or reside in a city along the Mediterranean that is also a significant-tech center? A compelling question to ponder upon, isn’t it?
8. The City Is Relatively Small, So The Small Startup Community Sticks Strongly Together
Barcelona beats leading startup communities like Silicon Valley in the United States since the latter makes it impossible for a business to get noticed, not to mention company giants that are monopolizing the trade.
Meanwhile, in this city in Spain, you are always included. Why? The startup world is so small that you get to bond with the same people and share more profound insights about your businesses. It is an intensely collaborative environment. No one loses in this type of community.
9. Last But Not Least, It Hosts Business Events Every Single Day — This Is Not An Exaggeration
In Barcelona, there are always events where you can meet people from the business community. Plus, there is an event for whatever area of knowledge you are interested in. You will find a lot of people who are also doing what you are passionate about.
Build Your Business Now In Barcelona
Every now and then, entrepreneurs are looking for ways to grow their businesses, including finding new markets through searching for various places to set up branches of their business worldwide. Barcelona, Spain is not just a beautiful tourist destination. It is also the perfect place to start your business.
Businesses in this Spanish city are well-endowed to offer the highest quality services, whether it is for small meetings to big conferences, events, and summits. Barcelona provides a multitude and plethora of options to businesses, alongside its unbeatable cultural offering when businesses call it a day.