Brits could be slapped with 100% tax as Spanish government cracks down on foreign home buyers
Brits could be slapped with 100% tax as Spanish government cracks down on foreign home buyers
www.lbc.co.uk Brits could be slapped with 100% tax on Spanish holiday homes amid housing crackdown
British holidaymakers could be hit with an 100 per cent tax on their Spanish holiday homes as part of plans to improve the country's housing crisis.
Spain’s government is pushing ahead with a proposal to hit non-European Union residents with a 100 per cent tax when buying homes
Prime Minister Pedro Sanchez’s Socialist party presented the plan as part of a broader housing bill submitted to Parliament
UK citizens are the biggest foreign buyers of Spanish property
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comments
Brits
rich land owners who can afford overseas properties
I know it's illegal for them to tax EU property owners but it does make the bill kind of toothless.