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Thousands of people move to Spain every year in search of a better way of life. However, due to the lack of jobs it seems hundreds of expats have made the choice to move back to the UK to improve their finances and chances of finding work.
For some however, the lack of jobs has not sent them packing but instead given them the idea to set up their own company. With so much competition for the few available positions and around 237 jobs lost in Malaga every day, many people are looking at self employment as their only solution.
Spain is one of the most popular places for British expats to go when they think about starting their own business from home, and it’s not surprising with the relaxed lifestyle and great weather on offer. Many successful businesses are run from home on the Costa del Sol, and hundreds more are being set up every year. If you are planning to move to Spain this year to start your own company, be sure to do your research into the costs of being self employed before you commit to anything.
If you are thinking about running your own business for the first time in Spain, here are a couple of points to keep in mind;
- What works as a business in the UK or elsewhere may not work in Spain
- If you want to apply for a grant, you must have a good business plan, be able to prove your have made investment first yourself, that you are generating employment, and that you have the spirit of success.
- Be prepared to live without income until you start making a profit, while bearing in mind you will still have your social security and accountancy fees to pay every month.
- Prove yourself – Be happy to offer your services for free or at a discount to start with to selected people or networking groups, this will help to establish yourself as a business people can trust, and gain loyal clients.
Visit our website to view our range of affordable long term rental homes on the Costa del Sol, and find the perfect base for your business. Working from home in Spain can be a very rewarding experience, and we can help you find the right property to get started.