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The Guardian

Spain proposes 100% tax on homes bought by non-EU residents

The Guardian on
Spain proposes 100% tax on homes bought by non-EU residents



Pedro Sánchez announces measure in response to anger over rising housing costsSpain has announced plans to impose a tax of up to 100% on real estate bought by non-residents from countries outside the EU, such as the UK, in an aim to tackle the country’s housing crisis.The measure was one of a dozen unveiled Monday by the country’s prime minister, Pedro Sánchez, as the government seeks to quell mounting anger over housing costs that have soared far beyond the reach of many in Spain. Continue reading…



Source link : https://www.theguardian.com/world/2025/jan/13/spain-proposes-100-tax-on-homes-bought-by-non-eu-residents

Author : Ashifa Kassam in Madrid

Publish date : 2025-01-13 21:39:00

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Tags : The Guardian

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