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.
Why is Spain considering a 100% tax on homes bought by non-EU buyers?
Spanish Prime Minister Pedro Sánchez announced the plan this week to tackle housing affordability and high rents in the Southern European nation. He said that the overall goal was to provide “more housing,
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'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 mulls 100% tax on homes bought by non-EU residents to address housing crisis
Spanish Prime Minister Pedro Sánchez this week announced a plan to bring down rents and house prices through a raft of measures including building more public housing, higher taxes on holiday rentals and raising taxes by up to 100 percent on properties bought by non-EU residents.
Spain Weighs 100% Tax on Non-EU Homebuyers to Combat Housing Crisis
Spain is working on implementing a tax as high as 100 percent for houses purchased by non-EU citizens to mitigate its housing crisis.
How Spain’s proposed 100% property tax for non-EU buyers could impact the housing market
Spain’s proposed 100% property tax on non-EU buyers aims to combat the housing crisis, but could it destabilise the real estate market?
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.
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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