The film industry in the Canary Islands is growing rapidly, with some even calling the islands “the Hollywood of Europe”. There are many benefits from setting up an audio-visual industry in the Canary Islands.

Versatility of landscapes:

The unique natural conditions within the Canary Islands include rocky cliffs, clear seas, eruptive volcanoes, flourishing forests, etc. and these diverse landscapes are all within a small area and close to each other. The diverse ecosystem of the Canary Islands allows the scenery to fit any type of film setting and despite being impressive themselves, highlight the product and action. Films such as the Star Wars spin-off about Han Solo ‘Solo: A Star Wars Story’, produced by Disney and ‘Wonder Woman 1984’ by Patty Jenkins used the vast landscapes that the Canary Islands has to offer to portray multiple destinations in their films.

Advantageous location:

With an average temperature of 22º, good weather is practically guaranteed. Added to that, the Canary Islands have 4,800 hours of daylight per year and so it is always a great moment to film. Another advantage of the Canary Islands is the time zone. Given that the Islands are in Europe, online meetings and communications with other European countries are easy. The Islands have excellent connections with main cities in Africa and Europe due to their strategic location.

Skilled workforce:

Due to the timeless architecture and low operational costs (fuel, rent and other living costs are about 40% cheaper than in mainland Western Europe), skilled workmen and professionals have settled on the Islands. There are specialist training centres all over the Islands in many domains including SAAS and technology and Audio and Visual. These multilingual, skilled staff are perfect to help foreign film companies in their Canary Islands implantation.

Best financial incentives in Europe: 

The Canary Islands Fiscal Economic Regime (REF) is a tax framework that promotes that social and economic development of the Canary Islands. Foreign productions are entitled to 50% tax rebate on the first €1 million spent, with a 45% reduction thereafter; this exceeds elsewhere in Europe.