Proposal: Spain plans 100% tax for homes bought by non-EU residents

[Martin Everson]

https://www.bbc.com/news/articles/cr7enzjrymxo

---- quote start

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.

"The West faces a decisive challenge: To not become a society divided into two classes, the rich landlords and poor tenants," he said.

---- quote end

 

[JohnnyDoe]

 

[ilke]

Babiš already wants to copy it.

-- translated quote

The leader of ANO, Andrej Babiš, told Echo24 that if he gets into government after the elections, he wants to introduce a 100% tax on the purchase of real estate by foreigners from outside the European Union who do not actively occupy the property, following the example of Spain. Moreover, Babiš said that not only houses and flats should be subject to the tax, but also land. He also said that the goal of the ANO movement is to collect taxes efficiently and reduce them, while the priority of the government of Petr Fiala (ODS) is to collect taxes badly and increase them. In the Czech Republic, a similar tax would apply to, for example, the British, but also to Ukrainians, Belarusians and Russians.

Spain, through Prime Minister Pedro Sánchez, has announced that it plans to impose a tax of up to 100% on the purchase of real estate by people from outside the EU whose aim is not to live in the EU. Prime Minister Sánchez said there are "too many AirBnBs and too little space to live" in Europe.

-- end

https://www.echo24.cz/a/HJfri/zprav...is-ano-100--dan-z-nemovitosti-cizinci-mimo-eu

 

[daniels27]

https://www.bbc.com/news/articles/cr7enzjrymxo

---- quote start

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.

"The West faces a decisive challenge: To not become a society divided into two classes, the rich landlords and poor tenants," he said.

---- quote end

Not gonna work. He cannot discriminate Liechtenstein, Swiss, Norway and Iceland in any case. Good luck!

 

[manukahoney]

100% addition to the existing tax (that is about 10% already).
So 20% total tax, which is still a robbery.

BBC "quality" journalism at its best as usual.

 

[daniels27]

100% addition to the existing tax (that is about 10% already).
So 20% total tax, which is still a robbery.

No, it says "100% on the value of properties"
It will be 100% then.

But IMO it should be "residents outside the EEA+CH"

 

[yngmind]

"It added: 'The tax burden they will have to pay in case of purchase will increase to up to 100% of the value of the property, in line with countries such as Denmark and Canada."

That's crazy. I thought the media was just exaggerating for the headlines.

It seems like it really will be up to 100% of the value of the property.

 

[Marzio]

by non-residents from countries outside the EU

That's why you need to move to EU right now, so you don't have to pay that tax!

 

[JackAlabama]

Not gonna work. He cannot discriminate Liechtenstein, Swiss, Norway and Iceland in any case. Good luck!

i could forsee these nations wont be included in this socialist dream as they are already and getting more strongly integrated into the wonderful eu saga.