BusinessPostCorner.com
No Result
View All Result
Tuesday, June 3, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

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

January 14, 2025
in Business
Reading Time: 2 mins read
A A
0
Spain plans 100% tax for homes bought by non-EU residents
ShareShareShareShareShare

Prospective British buyers told BBC News the proposal had made them think again about buying in Spain.

Michele Hayes, from Manchester, who spent the weekend house-hunting south of Alicante, had wanted a property for family to visit and to spend time during her retirement.

“We could look at buying quickly before the tax comes in, but we don’t know what could happen in the future,” she said.

“Selling could be tough if we can no longer sell to non-residents, especially a holiday home property in a touristy area.”

The 59-year-old said she empathised with their housing issue, but said she wanted to add to the local economy and asked: “How many working Spanish people want to live in holiday homes in these tourist areas anyway?”

Martin Craven, from London, said he had been looking to buy in Spain this year.

“I definitely wouldn’t consider trying to get in before this tax, because who knows what else they could do, a retrospective tax or a tax on existing owners,” the 62-year-old said.

“I’ll be looking at Cyprus now instead.”

Julian, 54, from Surrey, said Spain was his first choice to buy a holiday home, but now it “looks more risky” than other countries.

“I would want to be out there four to six months a year, also travelling, spending money, buying food and drink, paying taxes,” the 54-year-old said.

“Here in the UK, we also have problems with landlords buying multiple properties and driving up the rest, but this policy is losing sight of those of us who want to spend money in the country. “

Credit: Source link

ShareTweetSendPinShare
Previous Post

Mark Zuckerberg says corporate America needs more ‘masculine energy,’ even though men run 89% of Fortune 500 companies

Next Post

China discussing using Elon Musk as broker in TikTok deal

Next Post
China discussing using Elon Musk as broker in TikTok deal

China discussing using Elon Musk as broker in TikTok deal

Planning change makes heat pump installations easier for homes

Planning change makes heat pump installations easier for homes

May 28, 2025
Bitcoin Price Prediction: 4K – BTC Price Correction or Breakout Reloading?

Bitcoin Price Prediction: $104K – BTC Price Correction or Breakout Reloading?

June 1, 2025
Christine Lagarde discussed leaving ECB early to head WEF, says Klaus Schwab

Christine Lagarde discussed leaving ECB early to head WEF, says Klaus Schwab

May 28, 2025
The AI copyright standoff continues

The AI copyright standoff continues

June 2, 2025
Brazil sues China carmaker BYD over ‘slave-like’ conditions

Brazil sues China carmaker BYD over ‘slave-like’ conditions

May 28, 2025
Cardano Price Prediction: On-Chain Data Shows Whales Accumulated While Retail Sold – Is a Parabolic Move Coming?

Cardano Price Prediction: On-Chain Data Shows Whales Accumulated While Retail Sold – Is a Parabolic Move Coming?

May 30, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Tulsa’s first Black mayor has a bold pitch: A 0 million reparations package for descendants of the 1921 ‘Black Wall Street’ massacre

Tulsa’s first Black mayor has a bold pitch: A $100 million reparations package for descendants of the 1921 ‘Black Wall Street’ massacre

June 3, 2025
Can SHIB Still 10x in 2025? Token Burn and ShibOS May Be the Catalyst

Can SHIB Still 10x in 2025? Token Burn and ShibOS May Be the Catalyst

June 3, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!