Real Estate

Spain's 100% non-EU property tax stalls in congress

Europe / Spain0 views1 min
Spain's 100% non-EU property tax stalls in congress

Spain's proposed 100% tax on non-EU property purchases has stalled in congress. The tax aimed to discourage foreign buyers and control the housing market, but its progress has been halted due to various reasons.

A proposed tax in Spain has stalled in congress. The tax would have imposed a 100% tax on property purchases made by non-EU buyers. The goal was to control the housing market. The tax's progress has been halted. Details about the tax's future are currently unknown.

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