Spyke
unitedkingdom·United Kingdombydavriellelouna

Brits could be slapped with 100% tax as Spanish government cracks down on foreign home buyers

Spain’s government is pushing ahead with a proposal to hit non-European Union residents with a 100 per cent tax when buying homes

Prime Minister Pedro Sanchez’s Socialist party presented the plan as part of a broader housing bill submitted to Parliament

UK citizens are the biggest foreign buyers of Spanish property

Source: https://www.bloomberg.com/news/articles/2025-05-22/sanchez-pushes-ahead-with-plan-to-tax-non-eu-home-buyers-

Brits could be slapped with 100% tax as Spanish government cracks down on foreign home buyershttps://www.lbc.co.uk/world-news/brits-could-be-slapped-with-100-tax-on-spanish-holiday-homes-amid-housing-crackd/Open linkView original on lemm.ee
32
Comments2
SubArcticTundra
lemmy.ml

I know it's illegal for them to tax EU property owners but it does make the bill kind of toothless.

2

You reached the end

Brits could be slapped with 100% tax as Spanish government cracks down on foreign home buyers | Spyke