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Planning on moving to Spain?

SimCityAT

If you are not an EU citizen and planning on moving and buying a home in Spain, it's not good news.


Have a read of this article https://www.lbc.co.uk/news/spain-tax-fo … ish-expats

See also

Real estate listingsAccommodation in SpainChoosing your neighbourhood in MadridAccommodation in MalagaAccommodation in TenerifeReal estate agencies in SpainProperty consultants in Spain
gwynj

@SimCityAT

Yeah, sounds very alarming. :-) But... (a) I think it's actually still a proposal rather than law, so might not happen, and there's still time to buy before it does, and (b) I believe it's for foreigners who are not already resident in the EU (or Spain, specifically) so if you move first (i.e. get legal residence) then this tax would not apply if you subsequently buy. This would be in line with Canada's Non Resident Speculation Tax.