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flag Spain proposes 100% tax on property purchases by non-EU residents to tackle housing crisis.

flag Spain is considering a new law that would impose a 100% tax on property purchases by non-EU residents, including British tourists, to address the country's housing crisis. flag If passed, this measure would effectively double the cost of buying a property for non-EU buyers. flag The bill also proposes penalties for empty homes and VAT hikes on short-term rentals. flag The law is still in the draft stage and its approval depends on the Spanish Congress.

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