Updated 9 months ago

Madrid, the Spanish capital city, is one of Spain's main expat destinations. Every year, Madrid welcomes thousands of expatriates seeking new career opportunities. Today, Madrid's economy has started to improve, though some of effects of the economic crisis can still be felt. As a result, finding a job or an internship there should be easier than other cities in Spain. Madrid offers many job opportunities in various sectors.

Before anything else, you are advised to enquire about its labour market and the necessary procedures to work in Spain. Like elsewhere in the country, expatriates are likely to be hired provided they have exceptional skills that can be beneficial for the local economy and that are not available locally. 

 Good to know:

Language skills, highly skilled workers and work experience are highly valued.

Madrid's economy

Apart from being Spain's biggest and most densely populated city with more than 3.1 million inhabitants, Madrid is also known to be the country's economic centre, closely followed by Catalonia. In fact, its economy has gradually recovered from the world economic crisis, its Gross Domestic Product (GDP) reaching 269 billion euros with an expected growth rate of 2.8% in 2017. Figures are expected to rise in the following years due to the efforts of Madrid authorities in order to revive the economy.

Madrid's economy is primarily based on the service sector due to deindustrialization. Its main economic pillars are financial services, business, industry, construction, food, high technology, electronics, information technology and communication, and automotive. Agriculture, meanwhile, is less important for some years now.

Madrid is also one of Europe's main tourist hubs. In fact, tourism has become another important economic pillar due to various related activities including leisure, cultural events, exhibitions and conferences, etc. As Madrid is also a great place for shopping with a huge amount of shops, there are many opportunities in the commercial field.

The labour market in Madrid

Madrid's unemployment rate reached 15.2% in late 2016, which is still quite high despite a considerable decline over the past few years. However, it has been facing a shortage of skilled and qualified workers. Thus, skilled foreigners are likely to be hired in various sectors, especially in health care (general practitioners, ophthalmologists, speech therapists and other specialists), information and communication technology, industry, and automotive fields, as well as financial services.

Jobs are also available in call centres, tourism and in the food sector, especially if you master a few foreign languages.

Finding a job in Madrid

Job offers in Madrid are available on the internet and in classified ads in local newspapers.You are encouraged to send spontaneous applications to companies operating in the region.

Employers in Madrid are also quite active on social networks. Consider creating and updating your account on professional social networks such as LinkedIn, which can definitely help during your job search in Madrid. LinkedIn and Infojobs are the most popular job search platforms.

Become an active networker – most jobs are not advertised and placed through connections. Meetups are very popular and offer more and more professional interest groups organizing speeches and networking opportunities. It’s not unusual for job offers to be passed through the groups’ mailing lists.

If you are already in Madrid, you may also seek the assistance of a recruitment agency.

 Useful links:

Madrid’s job portal www.madrid.org
Linked In www.linkedin.com
Craiglist madrid.en.craigslist.es
Info empleo www.infoempleo.com
Go Abroad jobs.goabroad.com
IAgora www.iagora.com
Xpat Jobs www.xpatjobs.es

We do our best to provide accurate and up to date information. However, if you have noticed any inaccuracies in this article, please let us know in the comments section below.