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 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 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 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.
How Spain’s proposed 100% property tax for non-EU buyers could impact the housing market
Spain’s proposed 100% property tax on non-EU buyers aims to combat the housing crisis, but could it destabilise the real estate market?
Spain Mulls 100% Tax On Homes Bought By Non-European Union Buyers
Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union. Spanish Prime Minister Pedro Sánchez announced the plan this week to tackle housing affordability and high rents in the Southern European nation.
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,
Spain announces 100% tax for properties bought by non-EU residents
Spain is planning to impose a tax of up to 100% on properties purchased by non-residents from countries outside the European Union, such as the United Kingdom. Prime Minister Pedro Sánchez announced this "unprecedented" measure as part of a broader strategy to address the nation's housing crisis and improve affordability.
Spain PM Proposes To Ban Home Purchases By Non-EU Buyers
Spain's Prime Minister Pedro Sanchez proposed on Sunday to ban people outside the EU from buying housing in the country, as part of his drive to ease an affordable-homes crisis.
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Euro Weekly News5d
Spanish Prime Minister’s tax plans for non-EU property buyers
Spain has announced drastic new proposals to combat its housing crisis, including a 100 per cent tax on property purchases by ...
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 ...
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.
Euro Weekly News5d
Spanish government proposing 100 percent tax on non-EU foreigners buying houses
Prime Minister Pedro Sánchez plans 100% increase in property tax for non-European Union citizens as a form of reducing ...
The Local2h
Spain's PM proposes to ban home purchases by non-EU buyers
Spain's Prime Minister Pedro Sánchez proposed on Sunday to ban people outside the EU from buying housing in the country, as ...
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.