Spain has announced plans to impose a tax of up to 100% on real estate bought by non-residents from countries outside the EU, such as the UK, in an aim to tackle the country’s housing crisis.

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[–] tyler@programming.dev 14 points 5 months ago (6 children)

Didn’t they just have a government program to sell houses in certain cities to foreigners for 1€ because nobody in their cities would buy them? Only under the condition that they had to fix them up in a certain time period?

[–] lemmylommy@lemmy.world 30 points 5 months ago

Now they are 2€ houses.

[–] TankovayaDiviziya@lemmy.world 9 points 5 months ago (1 children)

Yup, I was told by a Spanish colleague that there are actually houses available in the country, but they are in the rural or less accessible places with little to no opportunities.

[–] earphone843@sh.itjust.works 1 points 5 months ago (1 children)

Sounds pretty great for remote work.

[–] Marin_Rider@aussie.zone 1 points 5 months ago

or retirement.hell i could probably retire now if I came into a 1eu house and lived in spain

[–] Saleh@feddit.org 5 points 5 months ago

It wouldnt be too difficult to write an exception for that.

The problem is a huge rural/city divide. In many cities you have rents on the level of Germany or Netherlands, but the typical income in Spain is a half to a third of what people make in Germany.

[–] Squirrelsdrivemenuts@lemmy.world 2 points 5 months ago (1 children)

I thought that was italy.

[–] tyler@programming.dev 1 points 5 months ago

Well it’s both then.

[–] Twentytwodividedby7@lemmy.world 1 points 5 months ago (1 children)

That's Italy...not Spain...

[–] tyler@programming.dev 1 points 5 months ago* (last edited 5 months ago)

It is Spain as well, I googled before making the comment. Also my dad’s girlfriend has been looking into it, which is why I knew about it at all.

[–] jagged_circle@feddit.nl 6 points 5 months ago (1 children)

So much for my US escape plan

[–] NotMyOldRedditName@lemmy.world 2 points 5 months ago* (last edited 5 months ago) (2 children)

If you happen to have 500k EUR you can buy your citizenship there and avoid it.

There are cheaper options out there though.

[–] jagged_circle@feddit.nl 1 points 5 months ago (1 children)

Can I buy a house with that? Or is that literally just the cost of the citizenship

[–] NotMyOldRedditName@lemmy.world 2 points 5 months ago

I'm not sure, but someone else said the program is being scrapped in April.

[–] some_guy@lemmy.sdf.org 1 points 5 months ago

We need that here.