Spain’s Shocking 100% Tax Proposal for Non-EU Home Buyers

Spain’s Shocking 100% Tax Proposal for Non-EU Home Buyers

Spain’s Prime Minister, Pedro Sánchez, has announced plans to impose a 100% tax on property purchases by non-EU residents as part of the Plan de Vivienda 2026-2030. This bold proposal has set the real estate market ablaze with speculation and uncertainty.

In this video, we break down what this announcement could mean for non-EU buyers, the Costa del Sol property market, and Spain’s economy. We’ll cover key points like:

•⁠ ⁠Impact on new developments and resale properties
•⁠ ⁠How regional taxes like VAT and ITP might change
•⁠ ⁠Why this proposal is sparking controversy among buyers and industry leaders
Credit to : Hi Homes