Spain’s Prime Minister Pedro Sánchez has announced that non-EU citizens will face steep taxes when purchasing property in Spain. The measure is in response to soaring rents, stagnant wages, and rising house prices, making affordable housing a pressing issue, especially for young people.

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THE minority Pedro Sanchez government has suffered a setback with the right-wing Catalan separatist party, Junts per Catalunya, suspending its

Spain is working on implementing a tax as high as 100 percent for houses purchased by non-EU citizens to mitigate its housing crisis.

PRIME Minister Pedro Sanchez has announced plans for tax increases on tourist flat rentals and restrictions on non-EU residents buying a home in Spain.

Spain’s government has announced plans to impose a 100% tax on real estate purchases by non-EU residents, introducing its strongest measure yet to address soaring housing costs that have

Spain’s government will seek to limit the number of houses sold to foreigners by significantly raising the taxes they pay.

Prime Minister Pedro Sanchez announced on Monday the plan for ... as the high proportion - compared to other EU countries - of households overstretching to pay their rents could lead to "adverse ...

Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister Pedro Sánchez said the "unprecedented" measure was necessary to meet the country's housing emergency.

Spain plans to limit the number of homes foreigners purchase by raising taxes by up to 100% on properties bought by people who are not EU citizens and do not reside in an EU country — often buyers of investment or vacation properties. Sánchez didn’t provide a timeline or details on how he plans to implement the tax.

A tax of up to 100 percent on Spanish property deals by non-EU nationals living outside the country is one of the leftist government's flagship proposals to tackle a housing crisis.