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 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 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.
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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 non-European Union residents.
15 Largest Cities in Spain, Ranked by Population
Spain — the fourth-largest European country by area with a population of about 47.3 million — is home to some of the continent's most vibrant cities.
Spain is reviewing grid investment cap, energy minister says
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Dozens of Migrants May Have Drowned En Route to Spain by Boat, NGO Says
Moroccan authorities on Wednesday rescued 36 people from a boat that had departed from Mauritania on Jan. 2, the group based ...