Madrid posesses the largest market in Spain and one of the most attractive and dynamic in Europe, Its GDP per capita surpasses Spain’s average by 41% and that of the EU-25 by 37%, thanks to expansion in its sector services-based economy.. Outstanding banking presence in Madrid accounts for its fourth place in finance for Europe.
When choosing a place to establish a business, foreign investors look upon Madrid as a guarantee of success; according to European Cities Monitor, it has gone from 17th ranking in 1990 to 7th in 2006, acquiring the title of “most improved city”..mejorado. Thus, Madrid has become the 2nd most valued city for its improvement efforts .
Madrid Has the largest concentration of businesses in Spain and receives or distributes half of the Direct Foreign Investment in the country. Social harmony and good living, the existence of strong institutiuons, a stable legal enviroment and its favorable fiscal framework reflect why Madrid is the favorite destination among foreign investors.
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