Keywords: Foreign property
Recent developments in Spain reveal the government’s intensified focus on regulating foreign property purchases and shifting perceptions of house brands among Spanish consumers. Foreign property buyers from affluent Western nations are increasingly feeling the pressure from Spanish authorities.......
Spain’s Socialist government on Thursday registered in the Congress its draft law for a 100 percent tax on non-resident non-EU property buyers, suggesting it intends to follow through on the proposal made by Prime Minister Pedro Sánchez last January. On Thursday, Spain’s PSOE-led......
Spain’s right-wing parties have recently dismissed a proposal aimed at limiting foreign property ownership in the Balearic and Canary Islands. This initiative, which was discussed in both the Congress and Senate, was branded “xenophobic” by members of Vox, who joined forces with the......
New data reveals that American nationals are paying significantly more for homes in Spain than most other foreigners, with the second half of 2024 witnessing a remarkable surge in property prices. This trend has sparked concerns about the ongoing housing crisis in the country, which has been identified......
The Spanish real estate market continues to attract foreign buyers, even as the government implements measures to limit their participation. Recent legislation, including the elimination of the golden visa scheme and discussions of a supertax on non-resident non-EU property buyers, aims to curb the soaring......
In this week’s Inside Spain, we explore a groundbreaking initiative in the coastal town of Benicassim that aims to transform the tourist experience through artificial intelligence (AI), alongside the recent rejection of a proposal to restrict foreign property purchases. AI technology is increasingly......
A Spanish political party has proposed new measures to restrict foreign individuals from purchasing property in Spain unless they can demonstrate a minimum of five years of continuous residency. The Republican Left of Catalonia (ERC) has introduced a non-legislative motion in the Spanish Congress advocating......
In a significant shift within Spain's property market, Moroccan investors have emerged as key players, securing their position as the second-largest group of foreign buyers in the second quarter of 2024. This development, reported by the online platform Merca2, highlights a growing trend that has......
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