The Canary Islands offer the most generous tax regime in the whole of Europe for companies and entrepreneurs. 

Published in Living in Gran Canaria

If you’re planning to open a Gran Canaria business, the first thing you need to do (after a market study and lots of research) is to work out what type of company or self-employed status is best.

Published in Living in Gran Canaria

With its international outlook and bilingual business culture, Gran Canaria is an ideal spot to study international business. The MBA Business School has offered higher education since 1986.

Published in Alternative Tourism

As we head into peak season, the latest tourism figures for Gran Canaria are positive across the board.

Published in News

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Tip of the day

  • The Parafarmacia In Gran Canaria Is Not A Chemist!
    The Parafarmacia In Gran Canaria Is Not A Chemist!

    If there is one thing we hate it is visitors being tricked in Gran Canaria. In the past we've warned about overcharging at Gran Canaria chemists, and rip off electronics shops in resorts. 

    In this Tip Of The Day we return to the island's chemists or rather, to the island's fake chemists.

    A chemist in Gran Canaria is called a Farmacia and always has a green cross sign. Farmacias are the only place tobuy medicine in Spain, even basics like paracetamol.

    However, there is another kind of shop in Gran Canaria that looks and sounds like a chemist but doesn't sell medicine. This is the Parafarmacia and it also uses a green cross sign.

    A parafarmacia is a herbal medicine shop that is not allowed to sell any normal medicine such as paracetamol, ibuprofen or antibiotics. 

    Instead, parafarmacias sell herbal alternatives to medicine but don't have to prove that they work and they can charge whatever they want.

    We recently heard from a visitor to Gran Canaria who went into a parafarmacia and was charged 40 euros for a herbal alternative to Ibuprofen. It was only when they read the label that they realised what had happened. 

    To locate a genuine farmacia, see this website and search within your municipio (Puerto Rico is in Mogán, Playa del Inglés is in San Bartolomé de Tirajana). At weekends and on fiesta days many farmacias close but there is always one open, known as the farmacia de guardia, in each municipio.

    Search for the nearest one to you with this tool

    Lex Says: To keep costs down, see this article for the way to ask for generic medicine rather than expensive branded alternatives. 

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