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 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.
How Spain's 100% tax on non-EU property buyers will work
Following the international news that Spain will try and stop non-EU non-residents from buying property by taxing them at 100 percent, many have wondered how it'll actually work in practice. Here's what we know so far.
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 introduces 100 per cent tax on properties owned by non-EU residents
Prime Minister, Pedro Sánchez, has announced his plan to roll out a tax of up to 100 per cent on properties owned by non-residents in Spain.
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.
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.
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 plans 100% tax on non-EU home buyers after ending golden visas
According to the Spanish PM, non-EU residents bought a total of 27,000 properties in Spain in 2023, not to live in it but to make money from it
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,
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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.
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.