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Spain Has Lost Its Mind. A 100% Real Estate Tax is Your Sign to Move Elsewhere
Spain wants foreign workers. Just not foreign tenants.
Once upon a time, Spain was the bell of the ball in the world of digital nomads and traveling expats.
It rolled out the welcome mat for those interested in remote work abroad. If you wanted to retire to Spain and buy a property while netting a golden investment visa? Pack your bags, because the European country was ready with open arms.
Funny how things can change in such a short period of time.
Spain has pulled a full 180 on this one, but even saying that doesn’t feel like it’s doing the sudden shift in the country’s desire to bring in outsiders justice. Because at this point, the country isn’t just snipping the cords of various visa opportunities. It’s straight up going out of its way to prevent anyone from outside the EU from moving there.
This may now include a whopping 100% tax on real estate.
Spain’s Real Estate Problem
Spain has a rental problem.
The problem is rent has started to increase to an uncomfortable level, and residents want someone to blame. Instead of blaming landlords for jacking up prices, the Spanish…
