

You know what, do it for property tax too.
You know what, do it for property tax too.
Residential buildings in the Sant Mart district of Barcelona, Spain.
Photographer: Manaure Quintero/Bloomberg
By Daniel Basteiro
May 22, 2025 at 4:43 PM UTC
Spain’s government is pushing ahead with a controversial proposal to hit non-European Union residents with a 100% tax when buying homes, as it seeks to tackle a brewing housing crisis.
Prime Minister Pedro Sanchez’s Socialist party presented the plan as part of a broader housing bill submitted to Parliament on Thursday. The bill seeks to promote “measures that enable access to housing, since we are facing one of the largest problems our society is currently confronted with,” according to a copy of the draft legislation seen by Bloomberg. Sanchez first announced plans to create the new tax in January, in an attempt to address growing discontent over surging real estate prices and housing shortages in areas including Madrid and Barcelona. At the time, Sanchez said foreigners were snapping up homes and speculating on price increases, and that non-EU residents bought 27,000 properties in 2023.
UK citizens are the biggest foreign buyers of Spanish property, mainly in coastal regions such as Valencia, Andalusia and the Balearic Islands. Germans, Dutch and other EU citizens will be exempt.
It’s far from certain that the bill will be approved in Parliament, as Sanchez has struggled to pass legislation since he formed his current government in 2023. The premier leads a minority coalition and needs support from about eight parties whenever he wants to get laws through — something he doesn’t always achieve.
To fight the housing shortage, the central and local administrations are also clamping down on holiday rentals, with Barcelona aiming to ban all short-term rentals by 2029. Sanchez’s government is also seeking to create a private-public scheme to build homes through industrial systems, that make construction both faster and cheaper than traditional brick-and-mortar building.
Tipping is a huge part of US American culture. Some restaurants reduce hourly income of waiters below minimum wage so the tips hit that mark.
How is tipping culture in Germany?
He never hung up so it doesn’t count.
Thanks!
Thanks for saving me a click.
I assumed it was paywalled from the shitty clickbait title and the shitty clickbait thumbnail.
So when the CEO of Nintendo cut his salary due to the poor sales of the Wii U and every American tech writer praised him for it, that was just common practice in Japan?
Put Your Soul on Your Hand and Walk directed by Sepideh Farsi
I’m American and I’m utterly disgusted too.
Californians are going to contribute to the crowdfunding.
Ancient dildo
The problem with the Soviet Union was the lies and propaganda they tried to push was used against them when they got caught.
You can’t have a government for the commoners when you silence them to the point that the commoners no longer believe the government is for them.
I came here to lead, not to read!
According to that article, less than 55,000 are without shelter.
i actually think that is pretty good especially since they have taken over 135,000 refugees.
Texan here. I thought it was a Texas story until I saw the URL.
I think as a precaution, barcode scanners stopped automatically going to links.
Even if a link isn’t malicious, you can still get someone’s IP address or device fingerprint.
Also US: Healthcare system is so shitty, poor people have to self medicate using illegal drugs.
He got what he wanted. He probably got intelligence that either Putin is getting out of power one way or another.