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 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 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 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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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 ...
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, Morocco move towards Africa exclave trade thaw
Morocco and Spain's north African exclaves of Ceuta and Melilla moved closer to normalising trade on Thursday after goods ...
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 ...
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 ...
Queen Letizia of Spain Refreshes Her Navy Suit with a Lavallière Blouse on the Ship Juan Sebastian De Elcano in Cádiz
Queen Letizia of Spain put a new spin on a navy suit and loafers she wore at the top of December. The royal rewore both for ...
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 ...
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 ...
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Spain’s Summer Capacity Set For All-Time High As Aena Reports Record Traffic
Spain’s capacity is projected to hit all-time-high levels during the summer 2025 season, following a record year for ...
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.
Dozens of Migrants May Have Drowned En Route to Spain by Boat, NGO Says
Moroccan authorities on Wednesday rescued 36 people from a boat that had departed from Mauritania on Jan. 2, the group based ...