Tenerife FREE PORT Santa Cruz has been an internationally privileged harbor with special status since 1852.
The special conditions may apply to the whole area or a part of the port..
A map where you will locate the port can be found, here. Imported consignments may be held or transformed without customs duties before reexporting them. Often, no duties apply for loading or offloading vessels which are normally a great cost factor.
Many people think that a Free Port means that they may pay less for products on the island. This is not necessarily the case. Whatever comes from foreign places will carry more or less import duty depending on tariffs when it's offloaded and enters the city.
For over 150 years, now, Santa Cruz de Tenerife which is a province of Spain has been deviating ocean freight consignments to other places.
It has become more interesting for Europe, now, since more and more countries have joined the EU.
processing or transforming of merchandise is the most interesting but,
few investors are aware of it as far as this Canary Islands
Free International Trade status is concerned.
Tax incentives are great for creating companies for such investments for international business between Europe, Africa, America and Asia in the Canary Islands Free zone which are regulated by the REF.
Once deviated from provisional storage houses within customs of the biggest of all Canary Islands no final import charges should apply once the goods arrive at their destination.
They are shipped from a place in Europe to a different destination within.
Please, get in touch with an experienced international forwarding agent in the capital Santa Cruz. He can explain details for the use of the Tenerife Free Port.
To make deviating from Santa Cruz Harbor a saving we must first calculate all possible costs involved. They need to be compared to costs which would occur when importing via sea freight directly into other European ports. This is why you need to have all your costs worked out by the experts beforehand.
The time factor for deviation and or/transformation in a Free Port should also be taken into consideration to make international business ventures viable.
Port Santa Cruz Tenerife cruiser service
Some of the worlds biggest and, best luxury liners stop by the free port Santa Cruz de Tenerife.
Many tourists get off board for tours, entertainment on land as well as shopping.
Later, the tourists board the cruisers again and, off they go to the Caribbean.
So far this is the only facility of the biggest of Canary Islands for those luxury floating ocean hotels.
Puerto de la Cruz will provide a similar service, sometime in the future.
You will also be able to board the most luxury Canary ferry in Santa Cruz Tenerife .
It is the yellow and, black ferry of Fred Olsen that permits Canary Islands hopping in style.
By the way, Santa Cruz Tenerife is the only town on the island which may be called a real city for the following reasons:
Ports are so important for trade. But, they are also important for a community because they provide work and a way of living which means movement and activity.
A port always means progress.
Here, is a port on a far away side of the globe. It's called the Port of Bellingham. It's in Washington State in the US. It's a different port but, interesting to know about.