BusinessPostCorner.com
No Result
View All Result
Sunday, July 19, 2026
  • 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

IMA unveils Management Accounting Competency Index

IMA unveils Management Accounting Competency Index

July 14, 2026
Kalshi pulls plug on flight cancellation contracts

Kalshi pulls plug on flight cancellation contracts

July 16, 2026
SEC email address mix-up for comments on semiannual reporting proposal causing confusion

SEC email address mix-up for comments on semiannual reporting proposal causing confusion

July 14, 2026
AI — the catalyst and solution to advisory

AI — the catalyst and solution to advisory

July 13, 2026
Wall Street’s record profits boost NYC tax revenues

Wall Street’s record profits boost NYC tax revenues

July 17, 2026
‘We absolutely screwed up’: Vance blames Bondi for the miscommunication around the Epstein files

‘We absolutely screwed up’: Vance blames Bondi for the miscommunication around the Epstein files

July 16, 2026
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

Chinese firm seeks compensation over British Steel nationalisation

Chinese firm seeks compensation over British Steel nationalisation

July 19, 2026
XRP Price Prediction : Can XRP Hold  Next Week?

XRP Price Prediction : Can XRP Hold $1 Next Week?

July 19, 2026

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!