Your guide to expat life in Spain

Working in Spain

Spain was hit hard by the global financial crisis a few years ago, but the situation is steadily improving. Unemployment rates are still high and jobs are hard to come by – so many expats run their own businesses.

Show more

Doing business

Spain has one of the largest economies in the world and is the fifth largest economy in the EU. Despite this, the country is still grappling with high unemployment rates and, until recently, recession.

The tourism and automotive industries are among the biggest employers in Spain – and it’s a world leader in renewable energy. In The World Bank’s 2016 Ease of Doing Business Survey, it was ranked 33<sup>rd</sup> out of 189 countries, falling behind some of its European neighbours. But it shouldn’t be long before the economy recovers and the job market improves for both locals and expats.

Show more

Business culture

Spanish business culture is similar to the rest of Europe, but there are some subtle nuances to be aware of.

Show more

Presentation

Social status and personality often carry as much weight as an individual's skills and experience. Not only will a successful businessperson be well-dressed and dignified, they’ll also be good company and entertaining.

Relationships

Spaniards often prefer to do business with people they know and trust. And family life and leisure activities take priority over work.

Respect

Spaniards are proud people. Never mock or belittle their country, its customs or perceived stereotypes, even if you’re trying to make a lighthearted joke. You’ll fit in well if you show patience and humility.

Management style

Most managers are authoritative and take a firm but kind approach to leadership. They also place a lot of importance on courage and decisiveness – and they don’t appreciate being undermined or made to look weak.

Fast facts

Business language

Spanish. Don’t expect English to be spoken widely in business circles, although some big corporates use both languages.

Business hours

Usually from 9am to mid-evening, Monday to Friday, with a 2-hour lunch break in the early afternoon. Office hours differ from place to place and company to company.

Dress

Brand names and designer labels are popular among Spanish businesspeople who dress formally and conservatively. Dark or linen suits with white shirts and silk ties are good choices for men, while women usually wear smart dresses or tailored suits.

Greeting

A handshake is the usual greeting at initial meetings. The traditional Spanish greeting of air-kissing on both cheeks is usually reserved for people you know well. Be prepared to indulge in small talk before getting down to business.

Gifts

While gifts aren’t expected, they’re sometimes exchanged at Christmas or to celebrate a successful negotiation. Gifts should be good quality and opened in front of the giver.

Gender equality

Traditionally, Spain’s business world has been male dominated, with women only rising through the ranks in family firms. But things are changing and an increasing number of women are being appointed to senior positions.

Expat salaries

Spain isn’t known for lucrative expat employment packages – and salaries tend to be considerably lower than in other European countries and the United States.

Be prepared to slow down. Get ready for a more relaxed pace of life. If it doesn’t get done today, it'll get done tomorrow, or maybe the day after! Stressing about it will not get it done any faster.

Lisa Sadleir, FAMILYINSPAIN

View more hints and tips for Spain

Making life easier for expats

  • Starting a new life abroad has its complexities.
  • Your finances shouldn’t be one of them.
  • We believe that choosing to live abroad has the power to enrich your life. It can be a journey that leads to new experiences and opportunities. But it can also be complicated. That’s why we’re here to help manage your finances and make planning for the future simple.
  • Wherever life takes you, we’ll help take care of your personal economy.

Achieve your ambitions at HSBC

HSBC is one of the world’s leading international banks, with a network covering over 70 countries and territories. Our global reach and values-led high performing culture fosters continuous professional development, flexible working and opportunities for you to grow within an inclusive and diverse environment.

All Expat Explorer survey data and all tips (in quotation marks) are provided by HSBC.

All other content is provided by expatarrivals.com, Globe Media Ltd and was last updated in August 2016. HSBC accepts no responsibility for the accuracy of this information.

This information does not constitute advice and no liability is accepted to recipients acting independently on its contents. The views expressed are subject to change.

Always remember to ensure you are aware of and comply with any laws in your host country or country of origin that apply to gift giving and bribery.