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Spain plans 100% tax for homes bought by non-EU residents

Source: BBC

Spain is planning to impose a tax of up to 100% on properties bought by non-residents from countries outside the EU, such as the UK.Announcing the move, Prime Minister Pedro Sánchez said the "unprecedented" measure was necessary to meet the country's housing emergency."The West faces a decisive challenge: To not become a society divided into two classes, the rich landlords and poor tenants," he said.Non-EU…

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