British Expats in Spain Could Face a 100% Tax on Empty Second Homes
4 Articles
4 Articles
British expats could see tax bills double on empty homes in Spain
British expats who leave their Spanish properties sitting empty could face tax penalties of up to 100 per cent under new legislation proposed by the country's socialist government. The measures, announced on Wednesday, would also hit owners of multiple properties with surcharges as high as 150 per cent.Spain is grappling with a deepening housing crisis that has triggered mass protests across the country and drawn international attention followin…
And, well, sorta - Tim Worstall
British expats face a 100pc tax penalty on their Spanish property if they leave it empty for three years, under new legislation. If you leave it empty for a couple of years. And it’s double council tax, just like we have in Dear Old Blighty. So not, in fact, a huge imposition. In fact, it’s… Read More »And, well, sorta The post And, well, sorta first appeared on Tim Worstall.
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