The Government of Spain encourages film production
- Strengthening the competitiveness of the cultural and creative industries
- Tax incentives for foreign investment
To encourage film production in Spain, the Government and the Autonomous Communities have introduced national and regional strategies to reduce duties and tax rates for producers. Where costs are 1 million euros (US$ 1.16 million) or higher, producers of foreign audiovisual works can take advantage of a tax rebate of 20% on costs incurred in Spain. In some Spanish territories such as the Canary Islands and Navarre, this rebate could be as much as 40%. The aim of this measure is to incentivize foreign producers to make their films in Spain and create employment opportunities for local people.
(See Tax incentives in Spain)