The Tenerife Island Council promoted in Madrid the island as the best outdoor set for shooting major audiovisual productions. The most prominent production companies in the international market showed a special interest in the investment details, opportunities, and experiences Tenerife can offer. The Delegation of the Canary Islands Government in Madrid hosted this first meeting with Spain’s main audiovisual companies and platforms, where Tenerife showcased its benefits as a destination and infrastructure for the sector.
The event was attended by the Vice President and Tourism Councillor of the Island, Lope Afonso; the Insular Director of External Action, Pedro González; as well as the Legal Department Director of the Chamber of Commerce of Santa Cruz de Tenerife, Silvia Rodríguez, Technicians from the Tenerife Film Commission, Special Canary Zone, and Proexca, integrated in the platform Why Tenerife?.
The more than 40 representatives from present audiovisual production platforms showed a particular interest in the opportunities opening up for the audiovisual sector since “the tax benefits, locations, connections, and infrastructure make Tenerife a very attractive investment destination,” explained Afonso.
In his opinion, this industry “is a strategic sector for the economic diversification of the island, which aims to become the major audiovisual reference in Spain.” All this reaffirms Tenerife as the best destination for hosting major audiovisual productions in the film, TV series, and animation fields, “where we are a benchmark thanks to the Quirino Awards.”
The Insular Director of Foreign Action, Pedro González, expressed satisfaction at “the opportunity this meeting offers us to attract investment and diversify Tenerife’s economy.”
Climate and Location
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The island is one of the top locations for the audiovisual sector. The climate, with an average annual temperature of 23 ºC, and its light quality, with 3,000 hours of sunshine, allow for outdoor filming year-round. The landscape diversity with over 2,034 square kilometers of protected natural spaces, coast, mountains, and colonial-looking locations makes Tenerife a great outdoor set.
Europe’s Best Tax Incentives
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The tax incentives, with up to 54% deduction for audiovisual productions, 0% IGIC, fiscal framework innovations with the removal of the 50-million-euro limit, and the ZEC (Special Canary Zone) with a 4% tax rate, provide Tenerife with the best tax environment in all of Europe.
In the last 10 years, over 1,300 productions have been filmed, including Fast and Furious, Jason Bourne, Rambo Last Blood, Money Heist, Wonder Woman 1984, 30 Coins, and The Fall.
Hotel Infrastructure and Connectivity
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Tenerife hosts major hotel chains with 134,627 beds and has air connectivity with two airports connecting to 151 destinations worldwide. Its flight schedule includes daily flights to Madrid, Barcelona, London, Paris, Frankfurt, and three direct flights a week to New York, among others. Therefore, it ensures optimal connectivity for audiovisual production.
Consolidation of the Audiovisual Industry
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A consolidated audiovisual industry with equipment and machinery rental services, security, catering, tax advisors, international actors and extras, composers, and top-notch visual effects and post-production companies shaping the Audiovisual Cluster of Canarias.
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Sustainable Green Productions
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Our green decalogue with 10 ways to carry out an audiovisual production sustainably, contributing to our planet, the sustainable seal to six productions (In the Grey, directed by Guy Ritichie, among others) makes Tenerife a destination committed to the environment.
