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PSOE's Proposed Housing Tax: Limited Impact Despite 100% Surcharge
The PSOE proposed a 100% surcharge on the property transfer tax for non-EU citizens buying homes in Spain to curb speculative purchases; however, exemptions for new builds and business transactions significantly limit its impact, raising concerns about its effectiveness and constitutionality.
PSOE's Proposed Housing Tax: Limited Impact Despite 100% Surcharge
The PSOE proposed a 100% surcharge on the property transfer tax for non-EU citizens buying homes in Spain to curb speculative purchases; however, exemptions for new builds and business transactions significantly limit its impact, raising concerns about its effectiveness and constitutionality.
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