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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 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.
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 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.
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’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.
Spain's Supertax On Non-EU Home Buyers Dubious: Experts
A tax of up to 100 percent on Spanish property deals by non-EU nationals living outside the country is one of the leftist government's flagship proposals to tackle a housing crisis.
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 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.
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Greece give economy warning as fears of war on Brits' holiday homes rise after Spain move
EXCLUSIVE: A travel expert has issued a major warning to Greece about following Spain's lead in imposing property taxes on ...
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 ...
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'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, ...
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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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.
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