municipality Tenerife Santa Cruz The heart of the island is a modern city that beats strong and takes a step forward to position itself as one of the best cities to live, explore, visit and start a business in Spain.
Tenerife Santa Cruz It is a place of business opportunities and a reference city for commerce, restaurants, entertainment, communication, tourism, Spanish companies and has many arguments to prove it. This capital of Tenerife It has tax incentives that make it stand out among the best cities to invest in Spain. tax incentives It was initiated by the Santa Cruz de Tenerife City Council as a tool for the revitalization of the municipal economy.
Thanks to these incentives, Santa Cruz de Tenerife ranks second in Spain in Fundación Avance de la Libertad’s 2022 Index of Economic Freedom of Spanish Cities. It is not the only index that gives value. tax incentives because the Community of Madrid Service for Tax Rating Studies has certified Santa Cruz as the state capital with the lowest taxation.
HE Santa Cruz de Tenerife IBI It is at the medium/low level like the Tax on Economic Activities (IAE). Tax on buildings, facilities and works (HOUSE) and the lowest Roaming Tax in all of Spain added to the reduction in waste collection rates for SMEs and self-employed. What are the advantages of investing in Santa Cruz de Tenerife? Currently 12,000 self-employed in the city are exempt from various municipal taxes and 90,000 families have been subsidized and will follow the same path since 2023. Fee for starting a business in Santa Cruz de Tenerife.
a series of measures introduced by Santa Cruz de Tenerife City Hall They represent a tax savings of EUR 11.2 million for families and SMEs over the last two years and an unmatched advantage in the Canary Islands and one of the best in the entire national region.
HE Weather in Santa Cruz de Tenerife This is not the only reason why millions of tourists come to the city every year to fall in love. Santa Cruz boasts 51 tourism services with the SICTED quality mark, among others the bulk of its accommodation, major museums and other attractions. All the work of the Development Association itself, as well as the tourism sector agencies, organizations, companies and professionals of the municipality, made it possible to reach 1.7 million tourists visiting the capital in 2022. It exceeds the 2021 figures and brings us to almost pre-pandemic levels.
Or 124,596 cruise passengers (7 out of 10 visited the city) in December alone, a 14.6% increase over pre-pandemic levels. By 2023, 313 cruises are already planned at the Port of Santa Cruz de Tenerife.
In order to continue to grow and, above all, to improve these figures for a qualitative leap, Santa Cruz de Tenerife City Hall announced its intention to inject approximately 44 million into the capital’s tourism sector over the next six years; a tourist island. This amount includes actions to restore public spaces, other initiatives aimed at promoting the revitalization of the capital, and campaigns specifically aimed at the city’s tourism sector.
Within the Scope of Tourism Strategic Plan Tenerife Santa Cruz Tourism sustainability plans will be launched with 5 million from Next Generation funds to re-transform the coastline over the next three years, with transformative works such as Las Teresitas’ northwest breakwater or bike path. In addition, the Consistory plans to improve its mobility work, with an investment of 895,000 euros to invest in upgrading the capital’s tourist offices and Santa Cruz de Tenerife Carnival as one of the main attractions of the city and added value of the municipality.
To this end, Tenerife’s capital city Council has planned a budget of 195,000 euros for the improvement and expansion of Paseo de Carteles del Carnaval and the creation of a self-guided tourist route for the Santa Cruz Carnival. Improvements in signage and products, and tourism promotion, which in total will provide more than one million euros in economic support.
Implementation of a tourist shock plan hotels in Santa Cruz de Tenerife, with a promotional game that will mean more than €350,000 invested in the marketing and commercialization of the destination, in addition to creating products and restoring historical heritage.
What to do in Santa Cruz de Tenerife?
Tenerife Santa Cruz With a global budget of more than 30 million Euros, it undertook the largest investment program in historical heritage in its history. The aim is to save the iconic and attractive buildings of the city’s tourist heritage in order to enrich things to do in Santa Cruz de Tenerife with history, culture, heritage and tradition.
Discover Santa Cruz de Tenerife | Heart of Tenerife
This Cultural agenda of Santa Cruz de Tenerife grows with it masonic temple, The only building built to house a cottage in Spain, a unique example and one of the few buildings in existence in Europe, around 3m euros will be invested in the works. in 2025, Masonic temple Santa Cruz de Tenerife It will be an estate for the study and spread of Freemasonry.
Planned work also includes the rehabilitation of the main building of the BIC property. Viera y Clavijo cultural park from Tenerife, more than 12 million euros to return this historical, cultural, emotional, emotional, natural, historical and cultural heritage of the city and the island to the citizens. Also included in this strategy is that of the Palacio de Carta, which will become the capital’s main tourist office in a few months, with over one million euros in restoration.
The Santa Cruz de Tenerife City Council approved the project for the rehabilitation of the former School of Applied Arts in Santa Cruz de Tenerife. Ireneo González square, a building classified as an Asset of Cultural Interest and whose project foresees action on more than 4,800 m2 built floors with an investment of more than 7.6 million Euros. This is in addition to other investments such as the 1.3 million Palacio de Carta and the recovery of the environment. san andres castlewith about one million euros.
Employment in Santa Cruz de Tenerife, a positive future
The behavior of employment data in the capital has been positive since the end of the pandemic. Regarding unemployment, 1,374 unemployed decreased Compared to the year before the pandemic (December 2009), (6.4% less), it increases from 21,580 in 2019 to 20,206 in December 2022. This means having unemployment levels similar to those in 2009 since May.
To the unemployment data we must add the very good performance of hiring in the capital. 119,530 jobs in companies based in Santa Cruz, representing the maximum in the entire historical series (since 2010).