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 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 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 planning to impose 100% tax on properties bought by non-EU residents
Spanish PM Pedro Sánchez announced the plan this week which will tackle housing affordability and high rents in the Southern European nation
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 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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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 ...
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Spain’s Sánchez warns of ‘new arms race’
MADRID - Donald Trump's return to the White House on 20 January should not lead the EU and the world into a militaristic drift that would lead us into a new arms race, Spanish Prime Minister Pedro ...
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 ...
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.