France, Portugal and Greece ‘set to follow Spain’s lead’ with hefty tax on non-EU residents holiday homes

27 comments

1. Very ‘slight’ headline editorialisation to clarify that it’s all non-EU residents affected, not just the British.

2. The first paragraph reads ‘non-resident citizens outside the EU’, while the headline is ‘non-EU residents’. Quite a stretch.

3. I wish they taxed everyone who owns more than 1 residence but alas…

4. One of the many things all western countries should be doing to alleviate the housing crisis.
   Hopefully the UK applies something similar.

5. The right wing government in Portugal plans doing nothing of this.

6. I don’t think this has been discussed in Portugal…

7. Very good.

   Now make the first own home purchase tax free and then each subsequent purchase cost more and more tax.

   A home should not be an object to speculate money on. 

8. It’s a interesting idea, and being non-EU I think it’s good. I don’t know if I would support it in all regions, as you might buy a small shack to renovate outside of any tourist spots or where foreigners flock, could be in a regional zone where even locals don’t want to live. You might say, “that would be cheap because it’s regional” Yes it is but when 100% tax get applied it’s now expensive.

   You can see a lot of homes in smaller towns which are dying off as locals have left for larger cities can really use some investment and more bodies.

9. British immigrants in Spain, sorry “expats” in shambles

10. What lead lmao there is nothing approved

11. For France, the article is conflating measures against airbnb rentals (which would target EU and non-EU landlords equally) with the recent Spanish policy, while they have nothing in common. Brits retirees in France tend to settle in deserted rural areas where they are welcome because there is no shortage of housing.

12. Awesome news, more money for politicians pockets…. I mean the country’s infrastructure

13. The rich will just get around this by buying citizenship in Malta

14. They are all OECD members who demand equal treatment among themselves. I don’t know how they will handle this🙄

15. France could maybe get away with this. Portugal? Oh no.no. the whole damn country depends on foreign income. Like it or not. Way back when the housing market was fine. It’s now so saturated that even foreign people can’t afford it anymore. Not to mention someone national. Heck, it’s all downhill.

16. Iceland had never been so pro-EU now that it comes with a 50% discount on Tenerife’s flats.

17. doubt it, the portuguese government doesn’t have the balls to do that

18. Now do the fucking Netherlands

19. Way too late for this, especially for Greece. A big portion of prime real estate has already been sold to non-Greeks.

20. The only flaw with this is that it isn’t a ban on purchasing for non-residents. You don’t need a permanent home abroad if you just visit the place a couple times a year.

21. I wish.

22. looks like a plan that backward, authoritarian regimes implement. 

23. Portugal hasn’t said anything about this. Pretty shoddy journalism.

24. instead of solving the problem, blame someone else.

25. No way Portugal is doing this, we are so deep into the housing crisis hole that not even a 100% tax to non-EU residents will make a difference.

26. Good. That is a basic tool for keeping land affordable for those who live on it.

27. We also need something against hoarding houses.

    Some kind of exponential tax, like putting an exponential factor on IBI,

    you have a few properties ? no problem

    You have a couple hundred properties? you pay in taxes every year more than you can get from renting them.

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