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Spain PM proposes to ban home purchases by non-EU buyers

  • Spanish Prime Minister Pedro Sanchez plans to ban non-EU buyers from purchasing homes in Spain as part of a broader effort to address the country's housing shortage.
  • Sanchez cited the purchase of 23,000 homes by non-resident non-EU buyers in 2023 as a small fraction of the estimated shortage of 200,000 new homes per year.
  • The proposed ban would require approval from Parliament and is part of an attempt to combat a growing housing crisis in the country.
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  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right
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