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.
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.
It wouldnt be too difficult to write an exception for that.
The problem is a huge rural/city divide. In many cities you have rents on the level of Germany or Netherlands, but the typical income in Spain is a half to a third of what people make in Germany.