Despite Spain´s recent economic dip, the country offers a greatly developed market that is diversified, competitive and attractive to foreign companies, in particular those from the United Kingdom. The British Isles and Spain have been major trade and investment partners ever since Spain joined the EU and today it is reported that the UK is the 3rd largest foreign investor in Spain in 2010 (source Invest in Spain) resulting in over 900 UK companies that are currently doing business in the country.