Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union. Spanish Prime Minister Pedro Sánchez announced the plan this week to tackle housing affordability and high rents in the Southern European

Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister Pedro Sánchez said the "unprecedented" measure was necessary to meet the country's housing emergency.

Spain could impose a 100% tax on the value of properties bought by non-EU residents to improve the housing market for locals.

Amid rising real estate prices, Prime Minister Pedro Sanchez wants to impose a 100% tax on property bought by foreign speculators. That downturn was fueled by years of overbuilding and property speculation,

The government of Spain has proposed a new tax of up to 100% on property purchases by non-European Union citizens to put a stop to Airbnb purchasing properties throughout the country. New law goes into effect immediately in order to prevent potential terrorism threats and put a stop to overtourism Just as Italy’s residents have long complained that Airbnb has overpopulated historical centers in major cities across the country,