Spain is planning to impose a tax of 100% on homes bought by non-EU residents as it looks to tackle an entrenched housing crisis in the country.

Spanish Prime Minister Pedro Sánchez on Monday proposed a range of measures to combat a housing crisis in the country, including a 100% tax on the purchase of homes by non-resident non-EU foreigners.

Spain plans to raise taxes on holiday rentals so that they pay "like a business", Prime Minister Pedro Sanchez said on Monday, as residents of the country's main cities grapple with soaring rents. "It isn't fair that those who have three,

In efforts to battle Spain's "unprecedented" housing emergency, Prime Minister Pedro Sánchez has announced a tax of up to 100% on property purchased by residents from non-EU countries such as the UK.

The Socialist premier surprised property developers and brokers on Monday with a plan to levy a tax of as much as 100 per cent on home purchases by non-resident citizens from outs