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Spain proposes 100% tax on homes bought by non-EU residents (www.theguardian.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

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Spain has announced plans to impose a tax of up to 100% on real estate bought by non-residents from countries outside the EU, such as the UK, in an aim to tackle the country’s housing crisis.

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[–] [email protected] 2 points 3 weeks ago (1 children)

You're right, I misread that. Thanks for the correction.

I wonder if they'd do something about that program, since you gotta do 500k and then a 100% tax on a property to live in?

[–] [email protected] 1 points 3 weeks ago

I went to look it up and just learned that they will be scrapping that next April.