Tax incentives fuel film production and the Basque Country is no exception. Already boasting attractive incentives, its region of Bizkaia has raised the bar, now offering among most competitive tax breaks in Spain. With up-to-70% tax deductions, the impact has been immediate.
Variety has reported previously a fourfold increase in production in 2023 alone, and the pipeline of projects shows no sign of abating. Riding the Wave of Incentives and Support “The tax incentives have given us a significant boost, enabling both regional creations and attracting productions from outside the region. This has been a game-changer for the industry, fundamentally altering the production landscape in just a few years,” says Koldo Zuazua, a leading Basque producer with Kowalski Films.
The allure isn’t just financial; it’s transforming the quality and scale of projects as well. High-profile TV shows like “Querer” and Iciar Bollain’s latest film “Soy Nevenka” both at San Sebastian, exemplify this shift. Animation Upswing: Local Talent, Global Stories One of the region’s thriving sectors is animation.
Alberto Vázquez’s “Decorado,” one of the latest co-productions from UniKo, follows last year’s “Sultana’s Dream” and the Goya-winning “Unicorn Wars,” pushing the studio’s Goya tally to six. “Our strategy has always been to work locally with a global perspective. We leverage local talent in Bilbao to tell universal stories that resonate globally, allowing u.