Amid rising real estate prices, Prime Minister Pedro Sanchez wants to impose a 100% tax on property bought by foreign speculators. How does the plan compare with other countries where housing affordability is an issue?

Deutsche Welle

Bonn

North Rhine-Westphalia

Germany

Spain scares off foreign property buyers with new tax threat

Spain has moved to put a 100% property tax on non-EU homebuyers.John Keeble/Getty ImagesSpain's planned 100% tax on non-EU homebuyers is unlikely to solve its housing crisis.Spain's prime minister said too many foreigners were buying properties as investments, not homes.But hiking taxes could discourage buyers and hurt Spain's economy, economists told BI.Spain's plan to impose a 100% tax on homebuyers from non-EU countries like the US and UK may…

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Media Bias/Fact Check

Business Insider

United States

Spain's planned 100% property tax for non-EU buyers could hurt more than it helps, economists say

Cabinet of Germany

Pedro Sánchez has announced that he wants to introduce a tax of “up to 100%” on the purchase of real estate by non-residents and non-EU nationals The wish of

Pedro Sánchez a annoncé vouloir instaurer une taxe pouvant aller « jusqu’à 100 % » sur l’achat de biens immobiliers par des personnes non-résidentes et non ressortissantes de l’UE Le souhait du

Espagne : quels effets attendre de la surtaxe sur les achats immobiliers des étrangers face à la crise du logement ?

Sud Ouest

France

Spain: what effects can we expect from the surtax on real estate purchases by foreigners in the face of the housing crisis?

Spain has announced plans to impose a tax of up to 100% on real estate bought by non-residents

Cheshire-Live

Reach plc

England

United Kingdom

Spain's '100 per cent' property tax for Brit tourists as soon as summer

“It would be a significant surprise if it is possible to enact legislation that in this way would discriminate against citizens of EEA States on the basis of nationality,” says Dora Sif Tynes, lawyer and former chief legal officer at the EFTA office in Brussels, about the Spanish government's plans to impose a 100% tax on those buyers of real estate in Spain who come from countries outside the European Union. The Dora is there to refer to the pr…

„Það kæmi verulega á óvart ef hægt er að setja löggjöf sem með þessum hætti myndi mismuna borgurum EES-ríkjanna á grundvelli þjóðernis,“ segir Dóra Sif Tynes, lögmaður og fyrrverandi yfirlögfræðingur á skrifstofu EFTA í Brussel, um áform spænskra stjórnvalda að leggja 100% skatt á þá kaupendur fasteigna á Spáni sem koma frá löndum utan Evrópusambandsins.Dóra er þarna að vísa í ákvæði samningsins um Evrópska efnahagssvæðið sem Ísland, Noregur og …

Fasteignaskattur á íslenska kaupendur gengi gegn EES-samningnum

RÚV

Property tax on Icelandic buyers exchange rate against the EEA Agreement

Following the international news that Spain will try and stop non-EU non-residents from buying property by taxing them at 100 percent, many have wondered how it'll actually work in practice. Here's what we know so far.

The Local - Es

Spain

How Spain's 100% tax on non-EU property buyers will work

Spain’s realty market is experiencing a major increase. In the preliminary 9 months of the yr, residential or business property charges elevated by roughly 9%, in line with the House Price Index from the INE statistics agency. Average charges have truly folded the earlier years, noting a much-welcome therapeutic complying with the monetary and realty collapse all through the 2008/9 financial state of affairs. That stoop was sustained by years of…

India Daily Mail

Spain frightens worldwide residential or business property purchasers with brand-new tax obligation danger- DW- 01/16/2025

Concern abounds in the residential tourism sector with warnings that the announcement alone has already created market uncertainty

surinenglish.com

How will Spain's hefty new property purchase tax for non-EU buyers affect the Costa del Sol?

The Government’s proposal to impose a surcharge on property purchases by non-EU buyers will have significant repercussions for Alicante’s real estate sector. The impact would be particularly severe in areas heavily reliant on residential tourism, such as Vega Baja. This region, a major economic driver for Alicante, includes the municipalities of Torrevieja and Orihuela, the two largest hubs for foreign property buyers in the province. In Torrevi…

The Leader Newspaper

International buyers dominate over 80% of the Alicante property market

Spanish politicians have announced plans to charge 100% tax on properties purchased by non-residents from outside the European Union. Since Brexit, that now includes people from the United Kingdom – one of the demographics that particularly love visiting and moving to Spain. The measure is designed to address a spiralling accommodation crisis in the southern European nation – one that has seen tourists blamed and even attacked for distorting the…

Spain scares off foreign property buyers with new tax threat

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