• Spanish is the second most spoken “mother tongue” in the world after Mandarin Chinese (it is spoken by close to 500 million people around the world).

• Spanish is the official language of 21 countries.

• Spanish is the second most studied language in the world and the second most commonly used for international communication (after English).

• Being able to speak Spanish gives a competitive edge to companies with clients in Spanish-speaking countries.

• Outside of the USA, two of the top ten MBA business schools in the world are located in Spain. 

BUSINESS ADVANTAGES 

• It is expected that the number of Spanish speakers in the United States will grow rapidly, to as many as 100 million by the year 2050.

• The growing economies of Latin American countries are turning them into important hubs of business.

• The European Union and the United States are currently in talks about creating a free trade zone between both regions. Such an agreement would strengthen the global economy and increase the importance of foreign language fluency.