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.
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 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 British expats in Spain think of 100% property tax plan
Real estate in Spain is currently taxed at 10 per cent for new-build homes and 6 per cent for existing properties. Sanchez said the “unprecedented” measure was necessary to meet the country’s housing emergency, claiming non-EU residents bought 27,000 properties in Spain in 2023, “not to live in, but to make money from”.
Spain PM proposes 100% tax on homes bought by foreigners
Spanish Prime Minister Pedro Sánchez on Monday proposed a range of measures to combat a housing crisis in the country, including a 100% tax on the purchase of homes by non-resident non-EU foreigners.
Spanish Leader's Opponents Say 'Xenophobic' Foreign Homebuyer Tax Will Not Be Applied
Spanish Prime Minister Pedro Sanchez's opponents on Tuesday said a proposed tax on property purchases by non-European Union residents was "xenophobic" and they would not apply the levy in the regions where they govern.
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 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.
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's planned 100% property tax for non-EU buyers could hurt more than it helps, economists say
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Spain eyes tax hike for holiday rentals in bid to lower rents
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'Extreme' tax hike plan shock for Brits looking to buy or sell a home in Spain
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Portugal could follow Spain on 100% tax rule for expats
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E-Invoicing And Digital Tax Transformations In Spain And Denmark
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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.
Spain has killed off the British holiday home dream – here’s what to do about it
Spain has long been a dream holiday home destination, a place for British retirees to live out their days in the sun.