Will Spain approve a tax on properties bought by non-EU residents during the current Sánchez legislature?
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In an attempt to tackle its housing crisis, Spain is planning a 100% tax on properties that non-European Union residents buy.
- According to Sánchez, many non-EU residents buy houses in Spain not to live in but to make money off them on holiday rentals.
- This market resolves YES is such a tax is approved, even if it's not as high as a 100% tax.
- If this does not happen during the current Sánchez legislature, this market resolves NO.