
Walking around Valencia yesterday I thought I would take a few photos of offline businesses that have set up in Valencia recently.
I thought I would start this little article on work in Spain by telling you a few salient facts about Spain;
1) Unemployment currently stands at 22.9%
2) To set up your own business costs an initial monthly cost of at least 450 Euros with an on-going monthly cost of 350 Euros, even if you do not require office space or a place of work.
3) If you are self-employed, you do not qualify for any unemployment benefit if things don’t work out.

A report has just been leaked to the press that the black economy in Spain now makes up 23.3% of all transactions. This means that a quarter of the economy in Spain doesn’t show up on the official figures for the size of the GDP for example. The figure is 5% higher than a decade ago and it is getting higher due to the famous “Crisis”.
As you will know if you have been following the blog I am co-writing a book at the moment. Tentatively called “The Bootstrapping Book – How to start up a business from nothing” (Catchy title I know) it comprises ten chapters with various ideas for getting started in your own business without having to buy stock, rent a place to conduct your business or, in essence, put money down.

Valencia had its week of fiestas last week called Fallas. Here in Spain we don’t really bother with a bank holiday on a Monday. If a fiesta is there to be enjoyed then it has to be for a much more extended time scale. Think about the upcoming Feria de Abril in Sevilla, last week’s Carnival in the Islas Canarias, the Magdalena in Castellon in the next couple of weeks and a whole host of other fiestas that exist in every small town, village and large city in the whole of Spain. They all span near to a whole week.

I don’t know whether it is a birthday or a milestone but the next post I put up on Houses For Sale In Spain will be the 500th post on the site. To celebrate I am going to eat a cake! However for my clients it will mean a huge difference because there is going to be an announcement that will surprise and delight in equal measure.