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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’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.
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 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.
How the end of Spain’s Golden Visa and a 100% property tax plan could affect you
Spain is looking to protect its housing market but it may make the country less desirable for British retirees
Why is Spain considering a 100% tax on homes bought by non-EU residents?
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
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 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 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
UK could face Spain-style holiday home tax as Brits 'back 100% tax'
The UK could be at risk of a holiday home tax like that announced by the Spanish Prime Minister amid its housing affordability crisis.
1d
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.
BBC
2d
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 ...
1d
'Extreme' tax hike plan shock for Brits looking to buy or sell a home in Spain
Spain's plans for an 'extreme' tax hike on Brits' holiday homes could see many look elsewhere for their dream home abroad, ...
1d
Spain’s PM accused of ‘xenophobia’ against Brits after holiday home tax
In recent months, authorities have come under growing pressure from residents of tourist hotspots, which have seen ...
3d
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 ...
6h
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.
3d
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 ...
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