As Spain faces a growing housing affordability crisis, the government has proposed new measures aimed at foreign buyers, though experts suggest these may not effectively address the shortage or reduce housing costs.
On 13 January, Prime Minister Pedro Sánchez announced a proposal for a 100% tax on residential properties bought by non-EU citizens who do not reside in Spain, as well as an increase in taxes on short-term rentals. A week later, he suggested an outright ban on property purchases by non-EU nationals who are not residents. The latter would be a ban on non-EU foreigners, when neither they nor their families are residents, from buying houses in Spain. The potential measures would affect, for example, UK or US citizens wishing to purchase a holiday home in Spain.
