Spain wants non-European Union residents to pay as much as 100% tax for home purchases in the country as it seeks to stem growing discontent over rising real estate prices.
Demonstrators in Madrid protested the arrival of the Maccabi Tel Aviv basketball team ahead of their Euroleague game against Real Madrid.
To be sure, the rest of the plenary is hardly undemocratic. The group includes 108 representatives from the European Parliament, 54 from the Council (two per member state), and three from the European Commission, as well as 108 representatives from national parliaments.
Prime Minister, Pedro Sánchez, has announced his plan to roll out a tax of up to 100 per cent on properties owned by non-residents in Spain.
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.
MADRID - The European project has always had its fault lines, but they have rarely caused earthquakes. That is thanks largely to Germany, which has p
Spain is working on implementing a tax as high as 100 percent for houses purchased by non-EU citizens to mitigate its housing crisis.
Madrid: External Affairs Minister S Jaishankar on Monday asserted that India’s ties with Spain and the EU can be a “stabilising factor in these turbulent times”. Jaishankar
The proposed changes would see non-EU citizens without legal residence in Spain having to cough up taxes worth 100% of the property's value. Official stats reveal that the number of Brits registered as living in Spain jumped from 276,089 in 2017 to 284,037 in 2023.
Spanish Prime Minister Pedro Sanchez proposed on Monday a series of measures to tackle a housing crisis in the country, including a 100% tax on
S Jaishankar on Monday highlighted the potential of the strengthening ties between India, Spain, and the European Union (EU) as a factor for stability during a time when the world has been witnessing major conflicts around the globe.