Spain's prime minister Pedro Sánchez is planning a 100% tax on properties in Spain bought by non-residents from outside the EU, potentially banning sales altogether. This move comes after Spain scrapped its 'golden visa' scheme and faces a severe housing crisis and overtourism. While existing UK residents won't be affected, new arrivals will be deterred.
New Spanish rules will effectively ban British expats from moving to the country, experts say. While the hundreds of thousands of UK citizens who have moved to Spain for a life in the sun won't be hit, the move will stop anyone new moving out there.
But now the country's prime minister Pedro Sánchez, is planning a 100% tax on properties in Spain bought by non-residents from outside the EU. He said he could even ban sales altogether. Spain is currently in a severe housing crisis and is fighting overtourism, so the new rules are, in part, designed to discourage people from flocking to the country and strain local services.
BRITISH EXPATS SPAIN PROPERTY TAX GOLDEN VISA HOUSING CRISIS
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK Tourists to Spain Face New Border Entry Rules in 2025The EU's new Entry/Exit System is set to be implemented in 2025, requiring UK tourists to scan their passports at automated kiosks instead of manual stamping.
Read more »
Spanish Woman's Honest TikTok Video Exposes Misconceptions About SpainA Spanish expat living in Dublin shares her reasons for moving abroad and addresses common stereotypes about Spain in a viral TikTok video.
Read more »
Spanish Police Inspector Sues Superiors for Ignoring Schengen Rules at Gibraltar BorderA Spanish police inspector is taking legal action against his superiors for allegedly failing to implement Schengen border checks at the border with Gibraltar, leading to disruptions and highlighting the ongoing complexities of Brexit for the region.
Read more »
All the rules you should know for holidays in Spain this yearFrom data collection to alcohol limits, here are the requirements in UK tourists' favourite holiday destination
Read more »
Spain Imposes Stricter Tourism Rules Amid Growing Local PushbackSpain is taking steps to regulate tourism and address local concerns over its impact, with Malaga leading the way in restricting short-term rentals. While UK tourists can still book accommodations, the new rules aim to curb the proliferation of holiday rentals in popular areas and preserve the character of historic centers.
Read more »
Costa Coffee Unveils New Menu Featuring a Velvetty Spanish LatteCosta Coffee introduces a new menu for 2025, including a unique Spanish Latte inspired by the traditional Spanish Bombón café.
Read more »