Mexico’s Tulip Pictures, formerly Barraca Prods., is opening offices in Austin, Texas and Spain as it seeks to tap their respective incentives and foster new co-productions.

Both places offer vibrant and infinite possibilities, said Lorena Villarreal, co-owner-founder of Tulip Pictures alongside her husband, Darian de la Fuente. Move comes as more Latin American companies are setting up shop in Madrid, including Chile’s Clara Films and Peru’s Tondero , among others.

Villarreal’s third directorial outing, “Life Is” (“La vida es”) is also bowing its official international teaser trailer with Variety. The dark comedy had its world premiere at Argentina’s Mar del Plata Film Festival, the only A-list festival in Latin America, where it was well received by critics and audiences alike.

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