Retiring to Spain under threat as non-EU residents face 100% property tax

Spanish prime minister Pedro Sánchez said the move would help address the country's housing shortage, the BBC reported. He said non-EU residents bought 27,000 Spanish properties in 2023 with many destined for the rental market. Pre-election soundbite? Seila Sanches Lucas is a UK and Spanish-qualified lawyer at the international law firm Broadfield who helps clients buy and sell property in Spain. She said: "The proposal by the Spanish prime minister will be concerning for those that have already chosen to retire in Spain and for those considering a retirement in the sun.  "It ...