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January 16, 2025

Spain considers 100% tax on homes bought by non-EU buyers

  • The negative aspects of mass tourism have caused tension at times between visitors and residents.
    • By SUMAN NAISHADHAM and JOSEPH WILSON
    Associated Press

    MADRID — Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union.

    Spanish Prime Minister Pedro Sánchez announced the plan this week to tackle housing affordability and high rents in the Southern European nation. He said that the overall goal was to provide “more housing, better regulation and greater aid.”


     
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