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In the current era of globalisation, the scope and consequences of an economic crisis are bound to affect different features of this global society; the phenomenon of international migration is one of them. Since the nineties, Spain has received a large number of immigrants to the point of becoming one of the highest immigrant-receiving countries in the world. However, the outbreak of the economic downturn meant a turning point in this trend; in fact, this unprecedented crisis has coincided with the end of this period of international migration to Spain, giving rise to a new era of out-migration. In this presentation, migration outflows of foreign populations from Spain during the Great Recession are analysed in trying to uncover the main factors shaping them.