Expat Business Ventures In Spain Focus Of UK TV Show

By ExpatBriefing.com Editorial 14 March, 2014

A British television show production company is looking for struggling expat hospitality business owners living in Spain's Costa del Sol to feature in a television series with celebrity chef Gordon Ramsey.

Participants will be mentored by Ramsey over the course of a week's filming during May and June with advice and support. The programs, to be made by production company One Potato Two Potato, will be shown on Channel 4 in the UK later in the year.

José María Rubio, who heads Spain's Federation of Hospitality and Catering, recently told the media that more than 10,000 bars and restaurants closed in 2013, and that prices had declined by 15 to 20 percent over the past seven years. He added that increased taxes and higher unemployment had also taken their toll, and that cultural changes have meant that bars are now seldom used as a meeting place. He noted also that foreign tourists are increasingly visiting Spain on all-inclusive or half-board holiday package deals, and therefore spend very little in bars and restaurants.

In 2008, a study from the University of Portsmouth found that many British entrepreneurs had not made sufficient preparations for starting a business in Spain, including even acquiring basic language skills. The authors discovered that many expats did not know that Spain has different regulations than those in the UK, and found that some had bought overvalued businesses after trusting fellow expats too readily.

Tags: Business | Entrepreneurs | Food | Unemployment | Spain | Regulation | Expats |

 





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