US EditionFrance, Greece and Portugal could follow Spain with tax raid on Brit expats
- France, Portugal, and Greece are reportedly taking action against British holiday homes, following Spain's new tax for non-EU citizens wishing to buy property.
- In Portugal, protests have erupted over affordable housing, with slogans like: 'I have to choose between paying for a house or eating.'
- Greece has implemented a ban on short-term rental licenses in central Athens, responding to societal pressure regarding housing availability.
- Spain's Prime Minister noted that non-EU residents bought 27,000 properties in 2023, primarily for speculation rather than residency.
15 Articles
15 Articles
In the fight for affordable housing, Prime Minister Sánchez also thinks of taxing the full value of real estate when making purchases.
Portugal 100% tax rule for expats
Portugal may be set to follow in the footsteps of neighbours Spain in their implementation of a 100% tax rule on new British expats buying a new home in the country, leaving British citizens in a state of dismay, but coming as promising news to Portuguese residents. Spanish Prime Minister Pedro Sanchez announced earlier in the week that the 100% tax rule will be imposed on foreign home buyers… Source
Will France follow Spain's 100% tax on non-EU house-buyers?
In an attempt to tackle its housing crisis, Spain has announced tough new measures to limit the purchase of real estate by non-resident foreigners. So is France - which also has a housing shortage - likely to follow suit?
Fears France and Portugal may follow Spain's tax hike over Brits' holiday homes
Spain's announcement that non-resident citizens from outside the EU, such as the UK, could face hefty tax bills for property purchases in the country has sparked concern - and it's not the only one taking measures
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