Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.
Non-residents from outside the EU bought some 23,000 houses and flats in Spain in 2023. Read more at straitstimes.com.
Fernando Clavijo met Home Affairs Commissioner Magnus Brunner in Strasbourg. “When you close one door, migrants exit from another.” View on euronews
Since 2004 the regional government has maintained a delegation just steps from the headquarters of the European Commission. During the past decade the space operated as a sort of embassy for the secessionist movement and promoted the pro-independence cause beyond Spain’s borders.
Spain’s Prime Minister Pedro Sánchez announced a plan to impose a tax of up to 100% on the value of properties purchased 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 people who are neither citizens nor residents of the European Union.
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.
Demonstrators in Madrid protested the arrival of the Maccabi Tel Aviv basketball team ahead of their Euroleague game against Real Madrid.
Skyrocketing rents are particularly acute in cities like Barcelona and Madrid, where incomes have ... European Union residents by up to 100%. Non-EU residents bought 27,000 properties in Spain ...
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 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.
European politicians and advocacy groups say the region’s legislation will not dismantle the monopolies of Big Tech companies.