Foreigners in Spain facing a 100% tax on homes as the country battles a housing crisis

May Be Interested In:UFC 312: Dricus du Plessis outclasses Sean Strickland to retain middleweight title



As Spain continues dealing with a nationwide housing crisis, its government has proposed an unconventional fix to the problem — and one that will not please foreigners. Spain has announced plans to implement a 100% tax on homes purchased by non-European Union residents, a shift that the government hopes will alleviate pressure on Spanish homebuyers.

Spain is “facing a serious problem, with enormous social and economic implications, which requires a decisive response from society as a whole, with public institutions at the forefront,” Spanish Prime Minister Pedro Sánchez said in a press conference. Housing is “one of the main challenges facing European societies, such as the Spanish one.” Along with the 100% tax, Sánchez also announced several other proposals to lower housing costs.

share Share facebook pinterest whatsapp x print

Similar Content

Bond Vigilantes Upend France’s Debt Market: Credit Weekly
The rise and fall of OpenSea
The rise and fall of OpenSea
Deadline to record historic footpaths to be scrapped
Deadline to record historic footpaths to be scrapped
EXCLUSIVE: CBFC passes Pushpa 2 – The Rule’s Hindi version 48 hours before release; replaces ‘Ramavatar’ with ‘Bhagwan’ : Bollywood News - Bollywood Hungama
EXCLUSIVE: CBFC passes Pushpa 2 – The Rule’s Hindi version 48 hours before release; replaces ‘Ramavatar’ with ‘Bhagwan’ : Bollywood News – Bollywood Hungama
Ed Miliband Warns Heathrow 3rd Runway May Not Happen As Reeves Prepares To Back Project
Ed Miliband Warns Heathrow 3rd Runway May Not Happen As Reeves Prepares To Back Project
Revisited: Creating The Spark: the kids behind 2024’s surprise summer hit – podcast
Revisited: Creating The Spark: the kids behind 2024’s surprise summer hit – podcast
Breaking Barriers: The Stories that Move Us | © 2025 | Daily News