Dave the OAP
Well-known member
I was talking to a guy on holiday last year from dortmund and he was saying that a lot of Germans had to give up their homes due to a tax by their government.
perhaps that was a while ago.
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[News] Spain plans 100% tax on non-EU owned homes
- Thread starter Guinness Boy
- Start date
perhaps that was a while ago.
- Thread starter
- #162
Indeed. So what would have stopped us applying it to non EU residents pre Brexit?
I think it would be a good idea to apply to Russian, Chinese and Middle Eastern billionaires. Not Polish plumbers.
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Thinking a bit more, I do recall there was a loop hole closed a few years back. I can’t remember the exact details but it was to do with you being able to somehow offset domestic tax with foreign property purchases. Wealthy Germans were piling into ever more expensive Majorcan villas, it became quite a known thing, and it started to become a piss take. So they stopped it.
Blues Guitarist
Well-known member
"Non-resident" mean someone who is not living there. It's a statement about where you reside, not about legal status.
It’s determined by a nation’s laws, in Spain people are classed as non-residents if they live in the country for less than 183 days in a single year.
Spain plans 100% tax for homes bought by non-EU residents
The measure is meant to help tackle the country's housing crisis, the prime minister said.
www.bbc.co.uk
I'm pretty sure Sanchez is referring to legal status. If he just said non-EU citizens, it would suggest people from non-member states who have the right to live in Spain would be subject to the tax. Hence he added "non-residents" to make it clear that would not be the case.
True. If you have the right to live there, and do live there, it seems you’ll be fine.
Or anyone who owns their property in Spain already.
clapham_gull
Legacy Fan
- Aug 20, 2003
- 26,194
GB News Headline
GB News Detail
Sánchez said the tax would specifically target non-EU citizens who don't already live in Spain, suggesting current British residents would not be affected
www.gbnews.com
British expats in Spain could be hit with 100% property tax due to 'unprecedented' proposal
GB News Detail
Sánchez said the tax would specifically target non-EU citizens who don't already live in Spain, suggesting current British residents would not be affected
British expats in Spain could be hit with 100% property tax due to 'unprecedented' proposal - what to know
Spain's Prime Minister has confirmed plans to charge non-residents looking to buy property a 100 per cent tax charge which could ruin Britons' expat dreams
www.gbnews.com
Seagull58
In the Algarve
They are unlikely to have dual nationality but they will, mostly, have Spanish residence. Some of them will not have taken out Spanish residence though, because they spend less than half of each year there.But they won't be affected will they? Because they have dual nationality, or at least should have if they lived there before Brexit. This will surely only affect anyone post Brexit thinking of moving there. And anyway, people from all over the world move there including millions of illegal immigrants. Sure it's aimed at them more than a few leathery Sun readers (not my words). Still, any opportunity to blame everything and anything on Brexit it seems
Seagull58
In the Algarve
Many of the property will be 2bedroom apartments and 3 bedroom houses/townhouses, so right in the sweet spot for Spanish families
Probably in Benidorm and Torremolinos though. I can’t imagine too many Spanish families wanting to reside amongst endless cafes selling full English breakfasts, roast dinners and spaghetti bolognese with chips .
hart's shirt
Well-known member
Quite so.
People should ignore lazy tropes about expats. We're not living in the British Raj with tiffin and exceptionalism. And you've got to moisturize.
Having lived in the ME for 16 years including before and after Brexit, nostalgic patriotism for the home country is often seen in seeing things as they were.
That includes remaining in the EU. Pretty much every Brit that I've come across there still can't believe that those living in Britain voted to leave.
For me and thousands of other British expats, being in the EU is an essential part of being British. We live the connection with other countries every day.
Brexit continues to be both the most astonishing act of economic self-sabotage and also the theft of part of the nation's identity as 'a piece of the continent, a part of the main'.
Britain is paying a heavy price both for its isolationist decision then and for the conspiracy of silence across the house to reverse this catastrophe now.
Quite so.
People should ignore lazy tropes about expats. We're not living in the British Raj with tiffin and exceptionalism. And you've got to moisturize.
Having lived in the ME for 16 years including before and after Brexit, nostalgic patriotism for the home country is often seen in seeing things as they were.
That includes remaining in the EU. Pretty much every Brit that I've come across there still can't believe that those living in Britain voted to leave.
For me and thousands of other British expats, being in the EU is an essential part of being British. We live the connection with other countries every day.
Brexit continues to be both the most astonishing act of economic self-sabotage and also the theft of part of the nation's identity as 'a piece of the continent, a part of the main'.
Britain is paying a heavy price both for its isolationist decision then and for the conspiracy of silence across the house to reverse this catastrophe now.
It is astonishing, I recall being in shock in the early hours after the vote, partly because the TV media at one stage on the night suggested the opposite (Farage looked devastated).
And 9 years ago, before nationalism other than in France had really become ‘a thing’ across western Europe.
The rest of the EU lost out too, ease of access to a major economy inhibited. I occasionally follow the markets and funds, European equities have fallen increasingly behind the nimble and innovative US.
A pointless schism that only benefitted the enemies of Europe.
Ah, but what about @Westdene Seagull and his tampons?Quite so.
People should ignore lazy tropes about expats. We're not living in the British Raj with tiffin and exceptionalism. And you've got to moisturize.
Having lived in the ME for 16 years including before and after Brexit, nostalgic patriotism for the home country is often seen in seeing things as they were.
That includes remaining in the EU. Pretty much every Brit that I've come across there still can't believe that those living in Britain voted to leave.
For me and thousands of other British expats, being in the EU is an essential part of being British. We live the connection with other countries every day.
Brexit continues to be both the most astonishing act of economic self-sabotage and also the theft of part of the nation's identity as 'a piece of the continent, a part of the main'.
Britain is paying a heavy price both for its isolationist decision then and for the conspiracy of silence across the house to reverse this catastrophe now.
Surely it's more about location, they will still be competing with well off buyers from the EU and Indeed their own country.
So it may, or may not happen, and needs to go through parliament. How much do solicitors get paid?
