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Spain Plans 100% Property Tax for Foreign Buyers (Non-European Union) to Combat Housing Shortages, High Rents & Housing Prices, Announced in 2024 of Plan to Terminate Golden Visa Program Launched in 2013 Granting Residency for Real Estate Investment with at Least EUR 500,000 ($512,000), Spain Prime Minister Pedro Sanchez Reported Non-EU Residents Bought 27,000 Apartments in Spain in 2023, Spain with $1.5 Trillion GDP & 48.6 Million Population
14th January 2025 | Hong Kong
Spain government is planning for a 100% property tax on foreign buyers (non-European Union, EU) to combat housing shortages, high rents & housing prices. In 2024, Spain announced the plan to terminate the Golden Visa program launched in 2013 granting residency for real estate investment with at least EUR 500,000 ($512,000). Spain Prime Minister Pedro Sanchez reported non-EU residents had bought 27,000 apartments in Spain in 2023. Spain has $1.5 trillion GDP & 48.6 million population.
“ Spain Plans 100% Property Tax for Foreign Buyers (Non-European Union) to Combat Housing Shortages, High Rents & Housing Prices, Announced in 2024 of Plan to Terminate Golden Visa Program Launched in 2013 Granting Residency for Real Estate Investment with at Least EUR 500,000 ($512,000), Spain Prime Minister Pedro Sanchez Reported Non-EU Residents Bought 27,000 Apartments in Spain in 2023, Spain with $1.5 Trillion GDP & 48.6 Million Population “
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Spain Plans 100% Property Tax for Foreign Buyers (Non-European Union) to Combat Housing Shortages, High Rents & Housing Prices, Announced in 2024 of Plan to Terminate Golden Visa Program Launched in 2013 Granting Residency for Real Estate Investment with at Least EUR 500,000 ($512,000), Spain Prime Minister Pedro Sanchez Reported Non-EU Residents Bought 27,000 Apartments in Spain in 2023, Spain with $1.5 Trillion GDP & 48.6 Million Population
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