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The Independent UK

Natalie Wilson

Brits buying homes in Spain to be hit with 100% property tax

Spain Pedro Sanchez European Union Simon Calder Sun

The tax rate on homes in Spain could be increased to 100 per cent for non-EU residents - (Getty Images/iStockphoto)

The Spanish government has announced a major tax hike on housing in a hit to Brits buying properties in Spain.

As part of a new proposal, property taxes for non-EU citizens in Spain would be equivalent to 100 per cent of the value of a home.

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