MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.

Non-residents from outside the EU bought some 23,000 houses and flats in Spain in 2023. Read more at straitstimes.com.

Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union.

MADRID: Spain’s Prime Minister Pedro Sanchez proposed on Sunday to ban people outside the EU from buying housing

Spain wants non-European Union residents to pay as much as 100% tax for home purchases in the country as it seeks to stem growing discontent over rising real estate prices.

Skyrocketing rents are particularly acute in cities like Barcelona and Madrid, where incomes have ... European Union residents by up to 100%. Non-EU residents bought 27,000 properties in Spain ...

Demonstrators in Madrid protested the arrival of the Maccabi Tel Aviv basketball team ahead of their Euroleague game against Real Madrid.

To be sure, the rest of the plenary is hardly undemocratic. The group includes 108 representatives from the European Parliament, 54 from the Council (two per member state), and three from the European Commission, as well as 108 representatives from national parliaments.

A recent report casts doubt on the sustainability of tourism demand. Less about promotion, more about sustainable tourism and responsible tourism messaging.

Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister Pedro Sánchez said the "unprecedented" measure was necessary to meet the country's housing emergency.

Since 2004 the regional government has maintained a delegation just steps from the headquarters of the European Commission. During the past decade the space operated as a sort of embassy for the secessionist movement and promoted the pro-independence cause beyond Spain’s borders.