Saturday 22 Aug, 2026

Spain wants to double taxes on foreign home buyers

Photo: Photoauction

Remove

The Spanish government is concerned about how the country's housing market is being affected by tourists and foreigners. 

In many places, rents are rising rapidly, and the number of homes available to Spaniards is decreasing as many are rented out to tourists year-round. 

Now Prime Minister Pedro Sánchez is launching a reform package to improve the housing market, El Pais reports.

Among other things, the government wants to double the tax on homes purchased by foreigners from countries outside the EU, and for apartments rented out through Airbnb, for example, to be classified as business activities and thus receive higher taxes and VAT.

The government is also proposing a series of measures to give publicly owned housing a greater role in the market.

Source: Aftonbladet.se

Remove

Related posts

Norwegian air traffic controllers are going on strike on Friday. The effects will be significant on the...
After school starts, prices for many international trips drop sharply. According to travel agency Ticket, trips to popular...
On October 3, the newly designed Castle Museum in Quedlinburg in Saxony-Anhalt, Germany, will open. With over 300...
ICEHOTEL is seeing a sharp increase in summer demand. The number of overnight guests has increased by 50 percent...

Popular posts

Our website uses cookies. Read more about our use of cookies: Privacy policy