Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. That's all from our live Q&A and the Money blog today - scroll down to read expert answers on what ...

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 ...

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 ...

Britons looking to retire or relocate to Spain are facing a double whammy of extra taxes, property sale bans and the end of the country’s popular Golden Visa scheme. Spain has long-been a ...

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.

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 ...

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. “There are to ...

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.

Spain's plan to impose a 100% tax on homebuyers ... Sánchez said that too many foreign buyers saw Spanish property as an investment, and were buying homes for financial gains rather than to ...

Sánchez made the announcement as he unveiled a series of measures aimed at solving the problem of spiralling property prices and rents in Spain. "We have decided that we are going to limit the ...

Property prices had increased by 48% in the past decade in Europe, he added. Spain has long been a popular destination for holiday home buyers trying to move permanently to a sunnier climate ...