Spain's PM Sanchez Floats Ban on Non-EU Citizens Buying Properties
MADRID (Reuters) - 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.
Spain premier aims to ban non-EU citizens from buying homes
Non-residents from outside the EU bought some 23,000 houses and flats in Spain in 2023. Read more at straitstimes.com.
Spain to tax non-EU property 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.
Spain PM proposes to ban home purchases by non-EU buyers
MADRID: Spain’s Prime Minister Pedro Sanchez proposed on Sunday to ban people outside the EU from buying housing
Spain considers 100% tax on homes bought by non-EU buyers
The negative aspects of mass tourism have caused tension at times between visitors and residents. MADRID — 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.
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.
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