Spain proposes 100% tax on property purchases for non-EU buyers
- Spain proposes a 100% tax on property purchases for non-EU buyers, as announced by Prime Minister Pedro Sánchez.
- The tax aims to address a housing crisis, with a 24% increase in homelessness since 2012 in Spain, according to a Reuters report.
- Sánchez stated that non-EU nationals bought 27,000 properties in Spain in 2023, primarily for speculation, not residency.
- The proposal is part of a broader plan to improve housing affordability, which includes various measures for landlords and public housing.
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Total News Sources0
Leaning Left29Leaning Right24Center38Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 32%
C 42%
R 26%
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