Canary Islands Build Its Own VFX Frontier Blending Tech, Talent and Tax Incentives
PositiveEntertainment

The Canary Islands have transformed from a film tourism hotspot into a leading hub for visual effects and virtual production in Europe over the past 15 years. This shift is largely due to strategic government support, including a generous 50% tax rebate and a low corporate tax rate. This development not only boosts the local economy but also attracts talent and technology, positioning the islands as a competitive player in the global audiovisual industry.
— Curated by the World Pulse Now AI Editorial System