Spain's planned 100% property tax for non-EU buyers could hurt more than it helps, economists say
Spain's prime minister said too many foreigners were buying investment homes. But efforts to discouraging them could hit the economy, experts said.
Spain Targets Non-EU Property Buyers with Bold Tax Plan
Spain is set to introduce a groundbreaking tax on properties bought by non-residents from countries outside the European Union. Prime Minister Pedro Sánchez announced this ambitious measure alongside a series of initiatives aimed at combating the nation’s ongoing housing affordability crisis.
Spain is considering a 100% tax on homes bought by people outside the EU. Here's why
Spain plans to limit the number of homes foreigners purchase by raising taxes by up to 100% on properties bought by people who are not European Citizens and do not reside in an EU country, and who often are buyers of investment properties. He didn’t provide a timeline or details on how he plans to implement the tax.
Spain is planning a radical fix for its housing crisis: A 100% tax on non-EU buyers
Spain's Prime Minister Pedro Sánchez said too many people were buying Spanish homes as an investment rather than to live in.
Spain plans 100% tax for homes bought by non-EU residents
Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister Pedro Sánchez said the "unprecedented" measure was necessary to meet the country's housing emergency.
Spain Plans 100% Tax on Non-EU Property Buyers to Curb Housing Crisis
Spain’s government has announced plans to impose a 100% tax on real estate purchases by non-EU residents, introducing its strongest measure yet to address soaring housing costs that have
Spain Weighs 100% Tax on Non-EU Homebuyers to Combat Housing Crisis
Spain is working on implementing a tax as high as 100 percent for houses purchased by non-EU citizens to mitigate its housing crisis.
PM Pedro Sanchez to raise tax on Airbnb tourist flats and non-EU residents buying property in Spain
PRIME Minister Pedro Sanchez has announced plans for tax increases on tourist flat rentals and restrictions on non-EU residents buying a home in Spain.
Spain’s proposed house tax on foreigners will not fix its shortage
Much of Europe faces housing shortages, but Spain’s is especially acute. It is not just rents: 75% of Spaniards own property, but for young people the prospect of a first-time buy is receding into middle age.
Spain imposing 100% tax on homes bought by foreigners following American homebuying wave
Spanish Prime Minister Pedro Sanchez on Monday proposed a 100% tax on foreign-bought homes to help address the country's housing crisis. Why it matters: The tax would apply to all homes that non-EU residents purchase,
The European countries where Brits can buy a home to avoid Spain's new 'anti-expat' tax
Spanish Prime Minister Pedro Sánchez announced that non-EU residents could be forced to pay up to 100% tax on the value of their properties.
Fact-check: Exclusion of EU leaders from Trump inauguration is in line with tradition
Social media users have misleadingly attached importance to the fact that European heads of state and government have been ...
Spain’s Sanchez proposes new law to keep non-EU citizens away from real estate purchases
The move came as Sanchez’s Socialist-led government grapples with growing concerns over rising home prices nationwide. It was ...
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Spain’s PM Pedro Sanchez gets rebuffed by Catalan separatist party over support for new budget
THE minority Pedro Sanchez government has suffered a setback with the right-wing Catalan separatist party, Junts per ...
Spain Seeks to Set 100% Tax on Non-EU Citizens Buying Houses
Spain’s government will seek to limit the number of houses sold to foreigners by significantly raising the taxes they pay.
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Highland MSP urges Scottish Government to follow Spain’s lead in taking radical measures to tackle the housing crisis
A Highland MSP has suggested Scotland could follow Spain in taking radical measures to tackle the housing crisis. Spain's Prime Minister, Pedro Sánchez, announced plans this week to prioritise ...
Want to move to Spain in 2025? Beware of new property tax, anti-tourism protests and Airbnb bans
Pressure on Spain’s housing market has been exacerbated by overtourism and the proliferation of short-term holiday rentals.
Moving to Spain Just Became Impossible If You Don’t Have Tons of Cash
The post Moving to Spain Just Became Impossible If You Don’t Have Tons of Cash appeared first on Real Estate News & Insights ...
Spain Hosted Record 94 Mn Foreign Tourists In 2024
A record 94 million foreign tourists craving sun, sand and culture flocked to Spain in 2024 as the sector drives the country's bullish economy, the tourism minister said on Wednesday.