Why is Spain considering a 100% tax on homes bought by non-EU 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
Spain plans 100% tax for homes bought by non-EU residents
Spain is planning to impose a tax of up to 100% on 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 axes popular golden visa, plans 100% tax on foreign buyers in response to housing crisis
To not become a society divided into two classes, the rich landlords and poor tenants,' said Spain's Prime Minister Pedro Sánchez.
‘Too many Airbnbs’: Spain’s prime minister wants up to 100% property tax on foreign buyers
Spain’s prime minister is pushing for far-reaching action to ease the nation’s housing crunch, including a tax of up to 100% on property purchases by non-European Union buyers.
British Home Buyers to Face 100% Tax in Spain Under Sanchez Plan
Prime Minister Pedro Sanchez is trying to reign in surging prices for real estate in Spain, and British citizens looking to buy beach houses in the country are set to bear the brunt of one of his flagship policies.
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