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France, Greece and Portugal could follow Spain with tax raid on Brit expats

  • Spain's Prime Minister, Pedro Sanchez, announced a 100% tax on properties bought by non-EU residents to tackle the housing crisis on January 13, 2025.
  • Greece, Portugal, and France are considering similar taxes on foreign buyers due to rising rents and housing shortages in their major cities.
  • The tax aims to prioritize affordable housing for locals, as non-EU buyers purchased 27,000 homes in Spain in 2023 mainly for speculation.
  • France has tightened regulations on short-term rentals, while Greece has banned them in central Athens due to public pressure.
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