Is Spain taking the piss: Spain proposes 100% tax on property purchases for non-EU buyers

by vnb9852

48 comments

  1. The problem with buying a second home is that you’re confined to one destination. If I buy a gaff in Magaluf I can’t go and shit up Benidorm and put fairy liquid in their town fountain to spread the love out

  2. You took away our opportunity to earn a decent living, we take away your opportunity to retire in the sun.

  5. Luxury holiday homes are destroying the local housing market and facilitate unsustainable sprawl, so i’m 100% with Pedro on that one.

  8. Hmm maybe i should buy a nice homestad outside of Sevilla.

    Bring my monocle and my swedish mailorder bride, hello Barry how is Nothingham? Sure Hope no one is getting stabbed.

  10. > Ban construction of new housings with stupid land laws
    > See how prices soar and people can’t afford housing
    > Blame anyone wealthy who buys housing: Foreigners, investors, rich people, middle class people, and other sorts of evil fascists.
    > People believe your bullshit, vote for you so you can keep not doing anything actually useful
    > Stay in power
    > Profit

  11. Not good enough, new houses should be RESERVED for residents or for people with a job in the province, everybody else can fuck off, in a globalised world second houses are a bane that kills the most charming cities for the benefit of the 1%, normal people can’t possibly hope to compete with all the millionaires and digital nomads of the world.

    Just look at Bolzano or Cortina or the most charming coastal cities in this country, thousands of houses built every year but the housing crisis becomes more problematic year after year even though the population is stable or decreasing because as soon as new ones get built they get snatched by some rich person from god knows where that will only live in the city 1 month every year, if that, this forces young people and workers to leave their city and with no workers a city might as well be dead.

    The housing problem in Bolzano is so bad that public servants can’t find a place to live but at the same time 24,19% of the houses in the province are without residents, disgusting.

  12. Do IT! (as long as EU members can still buy properties to retire in spain – thank youu!)

  13. Based. You don’t live and work here? May double or more to buy it. Let locals get a home

  14. Arent germans the ones who own the largest plurality of houses and flats in spain(in terms of non Spaniard)

    Although this move kind of makes sense as the EU wouldnt let spain do this to EU citizens as its seen as infringing on one of the rights of eu zitizens or smthn.

  15. 1st time I agree with our govt. (I never agree with any of the sides)

  16. So they should. All countries should do it. Look at our own, London owned by Chinese, Russians and Indians. Should be taxed 1000%

  17. Nah this is based, Pedro should be able to afford to get a house, come on now

  20. I’ll just buy through my wife then. Barry’s Benidorm Loopholes

  23. This won’t solve shit because the housing bubble is not restricted to rich buyers; we’re thousands of people more and we refuse to BUILD NEW HOUSES because of pure trauma of the 00’s bubble which is absurd. More people= same number of houses = guess what.

    There’s only two ways: more houses or less immigration and tourists.

  24. OP definitely lost out on buying a vacation home in Spain

  25. Hope we do the same. The housing crisis is destroying Portuguese society by forcing everyone under 40 to move abroad or live with parents. Our demographics are ruined.

  26. Ignore this psuedo Barry please. Nothing wrong with this policy Pedro.

    Southern cunts are similarly buying all the nice quaint spots in North Yorkshire

  27. Incredible based, we should do the same in Greece. Although it might be already too late for us 🙁

  28. Guess that brexit plan didn’t really go as planned, eh?

    Meanwhile we can still invade Torremolinos for cheap to escape the monthly rainfall

  29. As if EU-Northerners didn’t also buy properties. As if local landlords renting to these people at exorbitant prices wasn’t also part of the problem. *sigh*

  33. Wish they’d do it in the UK. Rent here is ridiculous because our houses have become investment vehicles for foreign owners. Domestic property hoarders are pricks too, I hate all landlords, not just brown ones.

  34. So what’s the loophole Barry? Rent a long term lease apartment from Gustavo and report living there long enough to meet resident conditions?

    Sounds like a nice legal edge case business opportunity.

  36. This is great i wish our spineless nazi regime would do the same.

  37. *Pulls out Irish passport thanks to Irish grandad I never met*

    ‘Hola Pedro, guess whose back, back again, Barry’s back, tell a friend

    Uno cervezo poor favour, and tell that German sat on the sun lounger to fuck off’

  39. There’s a Caribbean island, called Tobago, that banned any non-nationals (Trinidad and Tobago) from purchasing land or housing (with very, very few exceptions) because they genuinely hate outsiders. They’re legendary haters. Europeans would be impressed. This happened over 20 years ago.

    The value of already built houses/homes (not undeveloped property) basically has not risen very much since then. People “thought” their homes were worth say €300,000 in 2002 and got a rude awakening if they ever tried to sell, now that it was only Tobagonians or Trinidadians looking to purchase a second home, all of whom were very familiar with the market

    A legislative-level dislike of outsiders, even if it meant a MUCH worse economy (most of them don’t care about such things) succeeded in keeping already-completed-property prices rising beyond the level of regular inflation.

    Any roadblock you set up to keep foreigners out works. If you’re willing to change laws and be poor you can actually reduce property prices.

  40. Even if we (me included) like to pretend otherwise, relatively common perrosanxe W.

    I wish they’d focus more on this shit instead of stirring the culture war pot.

  43. Don’t make the same mistake as South East Asia, Americans go there in mass and SEA Asians are starting to complain about how everything is getting expensive for them because Americans are buying everything as it is cheap for them, while locals can’t live normally in their own countries anymore.

  45. the average brexit geezers are really going ot regret their choice noe, based as fuck

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