Domestic producers support the new Film Law, but warn that without better incentives for foreign shoots, Spain is losing competitiveness. A report reveals that investment fell by 20% in 2025, with fewer blockbusters and contracts. This translates into less employment and Social Security contributions, a drag on the local economy.
Technology and taxation: the key duo to attract shoots 🎬
The film industry increasingly relies on technologies such as digital post-production, visual effects, and virtual sets. To attract these shoots, Spain needs a competitive tax framework compared to countries like Hungary or the United Kingdom. Without attractive deductions, studios choose other locations, leaving national technical and human resources underutilized. The current Film Law does not resolve this gap.
Shooting in Spain: you pay taxes and it's expensive anyway 💸
If you are a foreign producer, shooting in Spain has two options: pay a lot or go to another country. The new Film Law promises aid, but incentives remain a mirage. Meanwhile, local technicians watch as shoots move to Romania or Malta. In the end, the only things growing here are bureaucracy and the urge to make a horror movie called The Tax Return.