Located on Spain’s eastern coast, Valencia is the country’s third-largest city and serves as home to around 800,000 people. The city is a blend of old-world charm and modern innovation, with highlights like the historic Mercado Central, Europe’s largest market, and its designation as the World Design Capital in 2022.
As a country, expats have repeatedly expressed contentment in relocating to Spain—which has been ranked first on the InterNations Quality of Life Index for three consecutive years. The country was also ranked 23rd on the 2024 Global Peace Index (up from 30th in 2023). With clubs and connection spaces for expats sprinkled throughout the city, it’s no wonder over 100,000 transferees (more than 14% of the population) call Valencia home.
Doing Business
Valencia is a key hub for several major industries, including manufacturing, chemicals, and pharmaceuticals, as well as information and communications technology. Across industries, networking and relationships play a crucial role in the city’s business culture, so a healthy grasp of the Spanish language is a must. While meetings may feel more relaxed compared to other regions, hierarchy remains important, and it’s customary to use formal titles such as señor or señora unless instructed otherwise.
When it comes to business attire, a more traditional professional appearance is expected—overly flashy clothing or accessories are best avoided. Unlike in some cultures, gifts are not typical or expected in business situations. Business meals are more common and allow professionals to focus on building strong personal and professional relationships. Overall, Valencia's business scene blends traditional formality with a laid-back Mediterranean vibe, creating a unique atmosphere for professionals.
Family and Living
Valencia itself offers a high quality of life at a more affordable price point than other major European cities—expats and locals alike enjoy lower costs for everyday activities such as restaurants and entertainment. Valencia still comes with some big-city challenges, particularly when it comes to housing. Rental costs have steadily risen as the city has become recognized as a top expat destination, but prices remain less expensive than in Barcelona or Madrid.
With patience, affordable accommodations can still be found throughout Valencia’s 88 neighborhoods across 19 districts, though housing costs rise the closer you get to the city center. Public transportation is modern, affordable, and well-connected, with trains, trams, and buses linking the city. Cycling is also a popular way to get around, with new bike lanes continuously developed. If opting to skip either option for a personal vehicle, be advised that parking can be difficult and expensive.
Free public schooling offers high-quality education in Spanish, while international schools in English and other languages are available for a higher price. Rounding out everyday needs, health care is free for registrants of Spain’s Social Security system, with private options also available. Valencia is also known for its inclusivity, with a thriving LGBTQIA+ presence, nightlife, and a large annual Pride Parade. Overall, Valencia’s balance of safety, affordability, and vibrant culture makes it a welcoming option for expats.
Immigration and Permits
Expats from the European Union (EU), States of the European Economic Area (EEA), or Switzerland may relocate to Spain without needing a visa, but they must apply for a Resident’s Permit (TIE) and a Foreigner’s Identity Number (NIE) within 30 days of arrival. The NIE is crucial for handling financial and legal matters like opening a bank account, registering for social security, or obtaining a Spanish driver’s license. Family members accompanying the main applicant must also apply for residency permits. Costs vary depending on the nation of origin and purpose for obtaining residency. For remote workers, Spain offers a digital nomad visa, allowing stays of up to five years, provided they earn at least $2,963 (2,700 euros) per month.
Unexpected Valencia
Named the European Green Capital of 2024, Valencia is one of the greenest cities in Europe, offering abundant access to parks and outdoor spaces. The city’s commitment to sustainability is evident in its lush Turia Gardens and Valencia Biopark, ideal spots for nature lovers. Just outside Valencia, you’ll find a wealth of day trip options, from the tranquil Albufera National Park to stunning hot springs in Montanejos and charming nearby towns.
For an excursion closer to home, the Ciudad de las Artes y las Ciencias (CAC) is perfect for curious adults and families alike. One of Europe’s biggest centers for science and culture, the CAC spans two kilometers and features six major attractions, including Oceanogràfic, Europe’s largest aquarium, and the interactive Museu de les Ciències.