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.
How would Spain's 100% tax on non-EU property buyers 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 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 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 considers 100% tax on homes bought by non-EU buyers
The negative aspects of mass tourism have caused tension at times between visitors and residents. MADRID — 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.
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 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.
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 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.
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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 ...