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. How does the plan compare with other countries where housing affordability is an issue?
‘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 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 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 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 '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
Dozens of migrants may have drowned en route to Spain by boat, NGO says
As many as 50 migrants attempting to reach Spain by boat from West Africa may have drowned, migrant rights group Walking ...
Spain sets a new record with 94 million international tourists last year
Spain's Tourism Ministry says that a record 94 million international travelers visited Spain in 2024, the best year for ...
15 Largest Cities in Spain, Ranked by Population
Spain — the fourth-largest European country by area with a population of about 47.3 million — is home to some of the continent's most vibrant cities.
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Spain raises flag at Damascus embassy after 12-year closure
Spain raised its flag at Madrid's Damascus embassy Thursday, in the presence of its top diplomat more than a decade after ...
Spain is reviewing grid investment cap, energy minister says
The Spanish government is in the process of reviewing a cap set on how much companies can invest in power grids, Energy ...
Yamal conjures up Messi memories after Barcelona runs riot over Madrid and Betis
Yamal has run amok in back-to-back five-goal blowouts for Barcelona. He led its humiliation of Madrid 5-2 in the Spanish ...
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Spain, Morocco move towards Africa exclave trade thaw
Morocco and Spain's north African exclaves of Ceuta and Melilla moved closer to a "new era" of normalised trade ties on ...
Spain expects more tourists this year after record 94 mln visitors in 2024
An estimated record 94 million foreigners visited Spain last year, 10% more than in 2023, and their numbers were expected to ...
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 non-European Union residents.
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Spain: Low temperatures in Madrid
The cold snap that plagues Spain continues Wednesday in the Community of Madrid, with minimum temperatures that could reach -6 degrees Celsius in the mountains and widespread moderate frost, according ...