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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.
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 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
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.
What we know as Spain plans 100% tax on property bought by Britons
Spain's prime minister has vowed to tax heavily non-EU residents, including those from the UK, who buy properties in the country.
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’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.
British buyers trying to ditch Spain following 100% property tax announcement
Spain could impose a 100% tax on the value of properties bought by non-EU residents to improve the housing market for locals.
Brits buying homes in Spain to be hit with 100% property tax
Simon Calder, travel correspondent of The Independent, said: “If any British buyer ever has to pay 100 per cent tax on a property purchase in Spain, I will eat my sombrero. The Spanish prime minister’s comments are squarely for domestic consumption.
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. That downturn was fueled by years of overbuilding and property speculation,
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
2d
on MSN
The European countries where Brits can buy a home to avoid Spain's new 'anti-expat' tax
Spanish Prime Minister Pedro Sánchez announced that non-EU residents could be forced to pay up to 100% tax on the value of ...
5d
on MSN
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.
6d
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 ...
6d
E-Invoicing And Digital Tax Transformations In Spain And Denmark
Denmark and Spain are integrating e-invoicing into broader initiatives to digitize accounting processes and mandate the use ...
4d
Gibraltar dealt huge blow as Spain’s 100% holiday home tax raid to include islanders
Those living in Gibraltar have been dealt a huge blow as Spain’s war on holiday homes is also likely to hit them.
3d
on MSN
Want to move to Spain in 2025? Beware of new property tax, anti-tourism protests and Airbnb bans
Pressure on Spain’s housing market has been exacerbated by overtourism and the proliferation of short-term holiday rentals.
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