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Spanish Shilling

Some stories and experiences after a lifetime spent in Spain

Foreign Residents Bring Wealth to Spain Too
Monday, July 17, 2023 @ 12:47 PM

Tourism is doing well again – with around 12% of Spain’s GDP coming from that business. It provides jobs, and income and perhaps some pride for Spaniards in the many cultural, culinary and geographical offers this wonderful country can boast.

Mind you, most of them are here for the sun-burn, the evening boozing and the odd summer romance.

And the endless selfies which are then uploaded to Facebook.

It’s not that we particularly like tourists: the queues, the jibber-jabber, the crowded restaurant, the full parking-lot, the foreigner in the supermarket who is not wearing a tee-shirt and the other one being sick in the municipal gardens – it’s the knowledge that they’re spending lavishly and, better still, that they’ll be gone in a week or two.

Not that all of them spend wisely – some don’t even use our hotels, preferring to doss down with friends or family. Others come along in their camper-vans or maybe rent an apartment from a family who doesn’t even own a hotel.

Contrast this with Residential Tourism – with no promotion, no agency, no ministry, no budget and no wealthy hoteliers to defend it. This form of tourism (of course, it’s not tourism at all, it’s really homesteading) also has a high – if largely unknown – value for Spain. They buy an ice cream or a bottle of lotion or a china ornament. We buy a house and a car and white goods, and we shovel money into the outstretched hands of the lawyers, insurance agents, gestores, doctors and (above all) barmen – all year long.

A couple of years ago, there wasn’t much tourism, thanks to the dreadful pandemic. Maybe next time, it’ll be something as simple as a cheaper offer elsewhere, or a war, or a cholera outbreak, or new visa-requirements, or because Vox won the elections in Spain…

But you know something? We Residential Tourists will remain here and steadily grow in numbers, bringing Spain a massive and reliable income each year.

Perhaps one day somebody will notice.      

Like 5


henna5 said:
Thursday, July 20, 2023 @ 2:04 PM

Thanks for sharing about that. I am looking for more information about it. I will follow you to update the latest posts.

henna5 said:
Friday, July 21, 2023 @ 6:56 AM

Thanks for sharing about that. I am looking for more information about it. I will follow you to update the latest posts.

anthomo16 said:
Sunday, July 23, 2023 @ 10:56 AM

We spend as much time as we are allowed in Spain. Perhaps selfishly for me it is prelonging my life the laid back way of life with no stresses is wonderful. Believe me I spend what little money I have in Spanish shops, I love their fashion, I love the food and ofcourse I love the people watching. I love the markets with their array of wonderful fruit and veg and my little spanish appears to go a long way

ljn said:
Sunday, July 23, 2023 @ 11:12 AM

Lol ! Great article but I would add the vast amounts we spend at Leroy Merlin’s and all the local ferreterías!

We’re always having to mend something and this time bought a portable air con unit.

Oh yes, nearly forgot - we had to call in a builder, an electrician and a washing machine engineer and we were only over for less than two weeks !
( and don’t start me on Endesa !!)

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