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Spain, European Union
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 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.
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.
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What Spain’s property ‘100 per cent’ tax hike means for Brits looking for their dream holiday home
Spain's prime minister has set out plans to increase property taxes for non-EU buyers, which could drive Brits to purchase ...
3d
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 ...
4d
Spain eyes tax hike for holiday rentals in bid to lower rents
Spain plans to raise taxes on holiday rentals so that they pay "like a business", Prime Minister Pedro Sanchez said on Monday ...
Associated Press
9d
Spain’s prime minister joins foreign leaders concerned with Musk’s interest in European politics
(AP Photo/Evan Vucci, File) MADRID (AP) — Spanish Prime Minister
Pedro
Sánchez
criticized Elon Musk on Wednesday ... an ...
3d
Sanchez Scapegoating UK Buyers Won’t Fix Spanish Housing Woes
Spain’s plans to discourage foreigners from buying residential property will likely hit resort towns and developers of luxury ...
9d
Spain's Sanchez says Musk attacks Europe's institutions, incites hatred
Spain's Prime Minister Pedro Sanchez attacked Elon Musk for interfering in European politics, accusing him of undermining ...
The Economist
8d
Spain’s government marks 50 years since Franco died
A s historic turning-points go, it was squalid. On November 20th 1975 Francisco Franco, who had ruled Spain for almost 40 ...
Hosted on MSN
2d
Sánchez positions himself as international opposition to Trump before his inauguration
The President of the Government of Spain dismisses "Defense spending" at the summit with ambassadors and prioritizes "climate ...
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