Sánchez proposes 100% tax for non-EU property buyers
Spanish Prime Minister Pedro Sánchez yesterday proposed taxes of up to 100% for non-resident non-EU foreigners who purchase properties in Spain, as one of several measures intended to address the housing crisis. Sánchez told an economic forum in Madrid that non-EU residents bought 27,000 properties in Spain in 2023, “not to live in” but “to […]