Property in Spain: what the proposed taxes on foreign investment means for British buyers

Brits are the biggest group of overseas buyers in Spain - (PA)

Last week, Spain’s Prime Minister Pedro Sanchez declared that he wants to ban non-EU citizens from buying homes in the country in a bid to combat its housing crisis.

"We will propose to ban these non-EU foreigners who are not residents, and their relatives, from buying houses in our country since they only do so to speculate," said Sanchez at a political rally in Plasencia, western Spain.