US EditionReeves courts Spanish investors amid bid to boost ties with EU
The UK secured a £240 million investment from Exolum and a mutual short-stay work visa waiver with Spain to boost services exports by £250 million over five years.
- On Wednesday, UK Chancellor of the Exchequer Rachel Reeves visited Madrid to meet with Spanish businesses and announced a 240 million investment from Exolum, timed with meetings with 120 Spanish investors.
- The Strategic Framework signed last September frames the trip, building on UK–Spain cooperation in technology, defence and life sciences, while the Spanish government first proposed the short‑stay mutual work visa exemption to ease post‑Brexit bureaucracy.
- Signing the agreement, both sides will roll out a reciprocal short‑stay waiver for services professionals travelling fewer than 90 days, covering UK services professionals in legal, financial, consulting, IT, and specialised corporate support.
- Speaking on Tuesday, Reeves said closer EU alignment could help reduce prices and inflation, with the UK being the world’s second largest exporter of services.
- The trade data positions Spain as one of the UK's fastest-growing markets, with Spain exporting £29.2 billion, including over £10.6 billion in non-tourism services, and British exports reaching £22.1 billion with 11 percent annual growth.
14 Articles
14 Articles
Spain and UK to agree on new work visa waiver and stronger business ties
UK Chancellor of the Exchequer Rachel Reeves visited Madrid on Wednesday to meet with Spanish businesses and agree on other ways to strengthen ties between both countries post-Brexit, including a short-stay work visa waiver.
UK chancellor in Madrid to sign visa waiver with Spain and strengthen post-Brexit ties
The United Kingdom and Spain have moved to deepen post-Brexit economic ties, agreeing on plans for a new short-stay work visa waiver and closer recognition of professional qualifications, as UK Chancellor Rachel Reeves visited Madrid on Wednesday. The agreement — a central focus of Reeves’ first trip to Spain as Chancellor — is designed to ease movement for services professionals travelling between the two countries for periods of under 90 days.…
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elcorreoweb.esSpain Will Exempt the British From the Work Visa for the Provision of Services for Less than 90 Days
Spain will exempt British citizens from the requirement of a work visa for stays of less than 90 days, in order to facilitate the cross-border provision of services and reduce administrative burdens. This is established by the joint declaration signed on Wednesday between the Minister of Economy, Commerce and Enterprise, Carlos Córdoba, and his British counterpart Rachel Reeves, to strengthen economic cooperation, as part of the first edition of…
The Spanish Government has decided to exempt British nationals from the visa requirement for the provision of services in stays of less than 90 days, in order to facilitate cross-border provision of services and reduce administrative burdens. Thus establishes the joint declaration signed on Wednesday between the Minister of Economy, Commerce [...] Entry Spain will exempt the British from visa for the provision of services for less than 90 days a…
The British Minister of Economics, Rachel Reeves, visits this Wednesday Madrid, where she will announce various investment agreements, including with Exolum and Indra, and will meet with her counterpart Carlos Córdoba while prioritizing closer ties with the European Union (EU).
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