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 ...

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 ...

How much money would you need to live in Spain, and how much would you need to rent or buy a property? Here's what it means to be wealthy in Spain. Spain Is Still A Firm Visitor Favorite ...

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 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 ...

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.

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 ...

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.

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 ...

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 ...

Speaking at an economic forum in Madrid on January 13, Spain’s Prime Minister Pedro Sánchez announced an "unprecedented" plan to impose a tax of up to 100% on the value of property purchased in ...

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 ...