Spain’s prime minister, Pedro Sanchez, announced plans for the punitive property tax this week in response to soaring rents in the country’s major cities, which have been partly blamed on ...

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Prime Minister Pedro Sanchez announced plans for the punitive property tax on Monday in response to soaring rents in Spain’s major cities, which have been partly blamed on foreigners and ...

Non-residents who own property in Spain also have to submit yearly based on the rental income the property could generate, even if it’s not rented out. Based on the assessed value of the ...

Spanish Prime Minister Pedro Sanchez announced this morning that non-resident citizens from countries outside the European Union (Britain and U.S. included) would face a massive tax bill if they ...

The new tax won’t affect EU residents due to Spain’s obligations as a member of the bloc. And, if you already own a property in the country, you likely won’t be impacted by the new policy.

GIBRALTARIANS will likely not be exempt from proposals in Spain to double the tax paid by non-EU residents when buying property – even in the event of a deal. This is the verdict of real estate ...

Spain's real estate market is experiencing a major boom. In the first nine months of 2024, property prices rose by an average of 9%, according to the House Price Index from the INE statistics agency.

Brits already living in Spain and looking to buy a second property are likely to be exempt from the 100 percent tax. According to real estate moguls in the country, Hans Lenz, president of the ...

The Spanish government has announced a major tax hike on housing in a hit to Brits buying properties in Spain. As part of a new proposal, property taxes for non-EU citizens in Spain would be ...

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Spain is preparing to implement a 100% tax on property purchases made by buyers outside of the EU, in an attempt to better handle the country's mounting housing crisis, by decreasing foreign ...