The Canary Islands

Haven of tourism, hub of investment

The Canary Islands, a Spanish archipelago of eight islands in the Atlantic Ocean, are famous all over the world as a “must-visit” destination. In 2024, the islands’ mild climate, lengthy coastlines, and stunning volcanic landscapes attracted 15.5 million tourists – almost seven times their population. Each island contends to have its unique charm, offering experiences that go beyond a standard beach holiday. Visitors eagerly return to explore more, generating €22 billion in revenue, 35% of the Islands’s GDP.

 

Many tourists are surprised to find out that the Canary Islands are much more than just a vacation spot. With a focus on sustainability and innovation, the region is diversifying its economy and developing into a growing center for investment. Political stability, a favorable tax climate, and excellent connectivity make the Canary Islands a year-round haven for both travelers and businesses, offering endless opportunities for discovery and growth.