Why Invest in the Canary Islands
Why invest in the Canary IslandsThe Canary Islands are an archipelago of islands off the west coast of Africa, and are therefore located in the Atlantic Ocean.Contrary to what is often mistakenly thought, the Canary Islands are not independent, on the contrary, they are part of the Spanish Republic, constituting an extraterritorial Spanish territory.Precisely because of the injustice of the mother country, the Canary Islands can benefit from certain tax breaks with the help of the European Commission.And it is precisely because of these benefits that the Canary Islands represent a very windy place for investors.The Canaries are also part of the ZEC, "Zona Especial Canaria ",or a special economic zone that allows them to have much lower taxes compared to their Mediterranean...
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