Spain is the second most visited country in the world, with over 84 million tourists every year. It’s a beautiful country to ...

In response, Prime Minister Pedro Sanchez has proposed a controversial measure: a 100% tax on property purchases by non-EU nationals without residency in Spain. Sanchez argues that this policy ...

File photo MADRID: 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 ...

Spain's plan to impose a 100% tax on homebuyers from non-EU countries like the US and UK may fail to achieve its intended results, and could easily backfire on the country's economy, experts told ...

At present, income of up to Rs 3 lakh/annum is exempt from income tax in the new regime. Finance minister Nirmala Sitharaman may announce a road map for a gradual phasing out of the old personal ...

Much of Europe faces housing shortages, but Spain’s is especially acute ... These would expand supply by cutting red tape and offering tax breaks for housebuilding. “The West faces a decisive ...

would be slapped with a hefty tax bill if they wished to purchase property in Spain. The “unprecedented” proposals intend to discourage nationals from countries outside the European Union from ...

Will the old tax regime be scrapped? No official announcements indicate that the government will abolish the old tax regime. However, discussions about its future have been ongoing. The new tax ...

(Image: Freepik) In the Union Budget for 2024–25, Finance Minister Nirmala Sitharaman introduced several changes to relieve taxpayers who opted for the New Tax Regime. As a result of the ...

Spain’s decision to impose steep taxes on non ... to other countries such as Cyprus and Greece with lower property tax levels for their dream home move,” he added. In the same article, Stephen ...

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The proposed measures in Spain, aimed at alleviating the country's housing crisis, include a tax of up to 100% on properties purchased by non-European Union residents. Toby Leek, president of NAEA ...