In recent years, Spain’s audiovisual sector has become a powerful economic engine, not only providing entertainment but also creating new jobs and attracting significant investment. The Valencian Community has chosen to keep pace with national trends by launching its own ambitious program to support film and television.
By 2027, the regional budget allocates 9.5 million euros for industry development. The sums are substantial: each project can receive up to 1.5 million euros in non-refundable support, provided that at least half of the budget is spent specifically in Valencia. Subsidies will cover a quarter of all production-related expenses within the region. This approach aims not only to strengthen the position of local companies, but also to attract private investors and foster cooperation between the government and businesses.
Regional authorities are already working on streamlining bureaucratic procedures for film crews. In the near future, a dedicated Film Commission will be established to promote Valencia as a venue for international projects. The renowned Ciudad de la Luz studios in Alicante play a key role in this process. After several years of inactivity, they reopened in 2022 and have quickly regained their status as one of the most advanced complexes in Europe.
Ciudad de la Luz is known not only for its scale, but also for its unique possibilities for filming on water. The complex features six indoor sound stages with pools and a large open-air tank equipped with wave machines and a chroma key screen. Filmmakers have access to over 11,000 square meters of studio space, spacious outdoor sets, and all the necessary infrastructure: dressing rooms, offices, and workshops. Thanks to a mild climate and more than 300 sunny days a year, Alicante and the entire Valencia region are becoming increasingly attractive for world-class film and television productions.
The economic impact of the film industry extends far beyond the sets themselves. According to experts, every euro invested generates up to nine euros in taxes, contracts for local companies, and increased tourism. This is especially noticeable in small towns and villages, where filming major movies and series sparks heightened interest among travelers. Local hotels, restaurants, transport companies, and even artisans receive new orders, helping the region move away from seasonal dependence and diversify its economy.
Overall, the focus on film and television allows Valencia not only to retain young professionals, but also to shape a modern image for the region, positioning it to compete with leading global creative industry centers. In the coming years, new high-profile premieres filmed here can be expected, as well as continued growth in jobs and investment.
