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Spain scares off foreign property buyers with new tax threat
Amid rising real estate prices, Prime Minister Pedro Sanchez wants to impose a 100% tax on property bought by foreign speculators. How does the plan compare with other countries where housing affordability is an issue?
‘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.
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,
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's '100 per cent' property tax for Brit tourists as soon as summer
This move is part of Spain's strategy to address its housing crisis. María Ramírez, deputy managing editor of Spanish news outlet elDiario.es. She told The Guardian: "The policy
Hosted on MSN
3m
Tottenham transfer hopes vanish as Real Madrid make U-turn on ‘exceptional’ playmaker, with player’s stance revealed
Spurs have been linked with the Turkey international attacking midfielder, but the Spanish and European giants have made a ...
Al-Monitor on MSN
22h
Spain raises flag at Damascus embassy after 12-year closure
Spain raised its flag at Madrid's Damascus embassy Thursday, in the presence of its top diplomat more than a decade after ...
2d
Thinking Of Moving To Spain? It May Be About To Get A Lot More Expensive
Spain’s Prime Minister Pedro Sánchez announced a plan to impose a tax of up to 100% on the value of properties purchased by ...
9h
on MSN
Endrick scores in extra time to help Madrid top Celta in Copa. Titleholder Athletic loses to Osasuna
Real Madrid needed two goals from Endrick in extra time to get past Celta Vigo in the round of 16 of the Copa del Rey and ...
1d
Spain is reviewing grid investment cap, energy minister says
The Spanish government is in the process of reviewing a cap set on how much companies can invest in power grids, Energy ...
EFE
4h
Endrick shines as Real Madrid Sink Celta in extra Time
Two goals by Endrick and a goal by Fede Valverde in a heartstopping extra time broke the deadlock and qualified Real Madrid ...
1d
Spain sets a new record with 94 million international tourists last year
Spain's Tourism Ministry says that a record 94 million international travelers visited Spain in 2024, the best year for ...
1d
Spain expects more tourists this year after record 94 mln visitors in 2024
An estimated record 94 million foreigners visited Spain last year, 10% more than in 2023, and their numbers were expected to ...
11h
Kylian Mbappé sends message to Real Madrid with celebration vs Celta Vigo
Real Madrid star Kylian Mbappé made use of the opportunity to reiterate his commitment to the cause in Spain’s capital on ...
4h
on MSN
Kylian Mbappe, Endrick React After Real Madrid Copa del Rey Victory
Real Madrid needed extra time to defeat Celta Vigo in the Copa del Rey round of 16, but the extra half hour shouldn't ...
AFP on MSN
6h
Atletico hold slender Liga lead as Spain's big two resume battle
Atletico Madrid lead Spain's two giants by a whisker heading into the second half of the La Liga season, after racking up 15 ...
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