(+34) 913 497 100 | Talent, with the Spanish stamp of approval A European country in the top percent of higher education Home Why invest in Spain? Talent Spain is the sixth country in the world and the third in Europe in percentage of population with a higher education (2020 GTCI Report, INSEAD) Population with higher education 2019 (%) Source: OECD. January 2021 Spain ranks fourth in the EU in number of scientists and engineers, according to the latest Institute of Economic Studies (IEE) report. Spain is 12th worldwide in producing scientific publications, according to Scimago Journal & Country Rank Companies can find specialized talent to cover their ICT vacancies more easily in Spain than in neighboring countries ICT INDUSTRIES Companies with difficulties in filling ICT vacancies in Europe Source: Eurostat, OCDE. High level training Spain has a great deal of highly skilled human capital with a competitive advantage, thanks to the quality of education. Spanish universities produce professionals with skills and competences that are highly valued internationally. The University of Navarre ranks third in Europe after Oxford and Cambridge. The Autonomous Universities of Barcelona and Madrid are also among the top 20 in the EU, according to the Europe Teaching Ranking 2019. Geographical distribution of Spanish Universities Academic year 2020-2021 Prestigious business schools Four Spanish business schools (IESE Business School, Esade, IE Business School and ESIC Business & Marketing School) rank among the European’s top 20 business schools. Source: (Bloomberg Report 2020) Global MBA Ranking 2021 | European Business School Ranking European Business School Country 1 Insead France / Singapur 2 London Business School UK 3 Iese Business School Spain 4 HEC Paris France 5 SDA Bocconi Italy 6 University of Cambridge: Judge UK 7 University of Oxford: Saïd UK 8 IMD Switzerland 9 Esade Business School Spain 10 Alliance Manchester Business School UK 11 Warwick Business School UK 12 IE Business School Spain ... ... .... 21 Eada Business School Spain Source: Financial Times Furthermore, the MBAs from 2 Spanish business schools are among the top 10 best European MBA programmes according to the 2021 Global MBA Ranking. Competitive job market Spain’s regulatory framework is modern, flexible and transparent and is based on the standards and best practices of the OECD. Foreign companies based in Spain provide direct employment for 1.4 million workers, ranking fifth in Europe in terms of volume (Eurostat, Foreign Affiliates Statistics). Salary costs are also more competitive than in other major European economies. Labour cost per hour worked, 2020 (€/hour) Source: Destatis 2021 (Federal Statistical Office in Germany). Productivity in Spain has been on an upward trend for the last ten years and continues to grow faster than in other European countries. Labour market reform: more flexibility, productivity, employment and skills. Unit Labour Cost | Index 1999=100 Real Productivity | Index 1999=100 This is a great time for Entrepreneurship in Spain. Supported by national and regional policies and incentives, this surge in new entrepreneurial initiatives promotes various forms of work-related alliances. Real labour productivity per employee Index 2010=100 Source: Eurostat. April, 2019. Spain is open to foreign talent Spain is an open and inclusive society. More than 6 million foreigners live in the Spanish territory (13% of the population) and are well integrated into the society. Spain is particularly attractive to Spanish-speaking talent. Spain is the preferred destination of university students in the Erasmus exchange program according to the European Commission: mainly for the language, the quality of its universities and its open and inclusive culture towards foreigners. Quality of Life In Spain there are specific formulas designed to facilitate worker, investor and entrepreneur relocations. Visas Spain has excellent diplomatic relations with nations world-wide. The Spanish passport ranks second among 168 countries as the most highly valued by the countries to which it offers access (Arton Capital Passport Index). Are you looking for qualified staff for your company? Thanks to our ICEX Alumni service you will be able to contact professionals with expertise in international business management. CONTACT US TO FIND OUT MORE! Our brands: Invest in Spain About Us Global Network Regions Innovation Startups Sustainability LATAM Desk China Desk Publications Events What's on Why Spain Economy Infrastructures Talent Taxation Quality of Life Industries Aerospace Agri-food Audiovisual Automotive and mobility Chemical industry ICT Life Sciences Logistics and transport Renewable Energy Tourism and Leisure Doing Business Company set up Taxes Labour market Aids and incentives Visas Intellectual property Living in Spain We help you Innova Invest Smart Technology Fund Investors Network Investor Services Rising Up in Spain Social Networks European Regional Development Fund A way to make Europe All rights reserved. ICEX © 2020 Legal Terms Privacy policy Cookies policy Site Map Accessibility COOKIES NOTICE We use our own and third-party cookies exclusively for internal and analytical purposes. They allow us to remember, control and understand how users navigate through our website so we can offer a service based on the user's browsing information. Some belong to third parties in countries whose legislation does not guarantee an adequate level of data protection. Click here for more information about our cookie policy. You can accept all cookies by clicking the "Accept" button or configure or reject their use by clicking "Settings". ACCEPT SETTINGS