Posts: Travel to Malaga

EXPERTS, businessmen and British commerce representatives met in Malaga to discuss the attraction and potential of Malaga as a destination for the headquarters of companies that wish to be based outside the UK and within the EU post-Brexit.

The ‘Brexit: Challenges and opportunities for Malaga’s economy’ event, organised by the department for economic revitalisation and enterprise and employment promotion and held at the town hall, provided the platform to discuss this move and Malaga as an excellent location.

An already thriving business community, technology and innovation, communications, and lower labour costs combined with the climate and quality of life are some of the factors in Malaga’s favour.

Although the real impact of Brexit might not be felt till 2018 or 2019, it was a long enough period for British firms to study whether they needed to open an office in another country, explained Javier Gonzalez, managing director of the international consulting firm Gartner. The arrangements for moving data processing centres, for example, could take up to a year.

Mayor of Málaga, Francisco de la Torre, remarked at the forum that the provincial capital was "the best city" for British companies with a “physical and legal position within the EU,” and further noted that Malaga is “the paradise for many Britons to live and logically also to work”. De la Torre said the objective of the city was to promote itself as a prime venue for investment for tech start-ups and finance and insurance companies.