Podcasts Culture Jet Setter Show JS 98: Startups in Spains Struggling Economy with Jaime Novoa Publisher & Author of NovoBrief

JS 98: Startups in Spains Struggling Economy with Jaime Novoa Publisher & Author of NovoBrief

Published: March 25, 2015, 1:05 p.m.

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Jaime Novoa is today's JetSetter guest and he sits down with our host Jason Hartman to talk about Spain's current economy. Jaime runs a blog called Novobrief and in the blog he talks about what the investment landscape looks like and growing new businesses in the Spain market. In today's episode, Jaime talks about the unemployment rate, why Spain isn't entrepreneur friendly, Spain's current exit tax, and more.\\xa0

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Key Takeaways:

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2:00 \\u2013 There's a big employment gap between the North and South of Spain.\\xa0

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4:35 \\u2013 The Spaniards are used to being taken care of by their parents well into their 30s. \\xa0

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6:30 \\u2013 Most young, ambitious Spaniards leave Spain to work in London or other highly-driven countries.

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9:30 \\u2013 Jaime talks about Spain's exit tax and what that means.\\xa0

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13:40 \\u2013 If you want to be self-employed, you have to pay a $250 Euro monthly fee even if you don't make profit.\\xa0

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18:10 \\u2013 Jaime hopes when young people leave Spain and see the true ambition in other countries that they will want to come back home and make a difference.\\xa0

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Mentioned In This Episode:

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NovoBrief.com

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