Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.
Since 2004 the regional government has maintained a delegation just steps from the headquarters of the European Commission. During the past decade the space operated as a sort of embassy for the secessionist movement and promoted the pro-independence cause beyond Spain’s borders.
Non-residents from outside the EU bought some 23,000 houses and flats in Spain in 2023. Read more at straitstimes.com.
"A trade war is not in the interest [of either party] neither for the U.S., neither for the European Union," Pedro Sanchez said.
Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union.
External Affairs Minister S Jaishankar on Monday asserted that India’s ties with Spain and the EU can be a “stabilising factor in these turbulent times”. Jaishankar is on a two-day visit to Spain beginning Monday to review the overall trajectory of bilateral relations,
Spain's Prime Minister Pedro Sánchez said too many people were buying Spanish homes as an investment rather than to live in.
Demonstrators in Madrid protested the arrival of the Maccabi Tel Aviv basketball team ahead of their Euroleague game against Real Madrid.
Skyrocketing rents are particularly acute in cities like Barcelona and Madrid, where incomes have ... European Union residents by up to 100%. Non-EU residents bought 27,000 properties in Spain ...
The negative aspects of mass tourism have caused tension at times between visitors and residents. MADRID — Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union.
External Affairs Minister S Jaishankar on Monday asserted that India's ties with Spain and the EU can be a "stabilising factor in these turbulent times". Jaishankar is on a two-day visit to Spain beginning Monday to review the overall trajectory of bilateral relations,
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.