Spain Proposes 100% Tax on Real Estate Purchases by Non-EU Buyers

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Conclusion
Spain’s proposed 100% tax on non-EU property purchases is a significant shift in its approach to foreign investment. Combined with the upcoming closure of the Investor Visa program, these measures signal a clear effort to prioritize local homebuyers over international investors.
However, the move raises serious concerns about its long-term effects. While it may help curb speculation, it could also drive up rental demand, making affordability even worse for residents. Investors seeking European real estate opportunities may now look elsewhere, potentially shifting capital to emerging markets with fewer restrictions.
As Spain moves forward with this proposal, global investors will be watching closely to see how it impacts the housing market, residency pathways, and the overall economy.
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