The measure was one of a dozen unveiled on Monday by the country’s prime minister, Pedro Sánchez, as the government seeks to quell mounting anger over housing costs that have soared far beyond the reach of many in Spain.
Sánchez sought to underline the global nature of the challenge, citing housing prices that had swelled 48% in the past decade across Europe, far outpacing household incomes.
“The west faces a decisive challenge: to not become a society divided into two classes, the rich landlords and poor tenants,” he told an economic forum in Madrid.
The proposed measures include expanding the supply of social housing, offering incentives to those who renovate and rent out empty properties at affordable prices and cracking down on seasonal rentals. In Spain just 2.5% of housing is set aside for social housing, a figure that lags drastically behind countries such as France and the Netherlands, said Sánchez.
Just make it so the dwelling has to be occupied by the owner for 9-10 months a year. Every month it is unoccupied, the owner has to pay the value of a monthly rent as tax multiplied by the number of months it has been unoccupied -->
month 1 = rent x 1 month 2 = rent x 2 month 3 = rent x 3
I think that’ll be hard to ignore for most landlords - foreign or not.
You have to make a rental agreement. Here in India it has to be registered with the government and pay a nominal registration charges. So when filing your taxes you join your lease agreement, which can be verified by the registrar.
That’s not really relevant.
The proposition is to tax people who own property but do not reside there in.
My question is how does the Gestapo know where an owner lives.
For example, if my wife and I own our home and have a holiday home by the sea, we would simply say that one of us resides in the holiday home, and it’s not practically possible to disprove that.
The people that wanted to have an additional, part time residence in Spain that could afford it would simply pay it.
Really? A cute little apartment in the center of Madrid that would normally cost 3k a month?
| Months | Nominal Rent | Rent | Accumulated total | % of original value |
|---|---|---|---|---|
| 1 | 3000 | 3000 | 3000 | 0,15% |
| 2 | 3000 | 6000 | 9000 | 0,45% |
| 3 | 3000 | 9000 | 18000 | 0,90% |
| 4 | 3000 | 12000 | 30000 | 1,50% |
| 5 | 3000 | 15000 | 45000 | 2,25% |
| 6 | 3000 | 18000 | 63000 | 3,15% |
| 7 | 3000 | 21000 | 84000 | 4,20% |
| 8 | 3000 | 24000 | 108000 | 5,40% |
| 9 | 3000 | 27000 | 135000 | 6,75% |
| 10 | 3000 | 30000 | 165000 | 8,25% |
| 11 | 3000 | 33000 | 198000 | 9,90% |
Let’s say they bought it a 2M€. You sure they would want to let it sit empty for 9-11 months a year?
I’d have assumed that the majority of landlords were EU citizens… then remembered about Brexit.
That’ll upset the brexiters, and they’ll howl about the mean Spanish government…
I remember back during the Leave Referendum that many Briton pensioners living in Spain voted Leave “To keep the Spaniards from entering ‘our’ country” and later were very suprised that they themselves were also impacted and had to apply to live in Spain (and apparently after the end of the transition period some even got expelled from Spain because they couldn’t be arsed to register and became illegal immigrants).
That is the most Brexit thing I’ve ever heard. The audacity to complain about the Spanish in your country while the British loudly and palely swarm Spain every summer.
Yeah, I was an EU immigrant in Britain at the time and the Delusions Of Grandeur of the locals were really placed in sharp relief and some of those were pretty shocking. These were especially bad for the Brexiters but for example many Remainers claimed that the UK should “Stay in the EU and shape it from the inside” (so a “we Britons know best than the rest” view, and remember that the Leave Referendum happenned after the UK Government demanded from the EU, once again, even more special treatment and was told “No”).
In Britain the mindset that led to Brexit had been heavilly pushed by the Press and Politicians for decades, so this outcome wasn’t totally unexpected. In fact I only know about Britons being expelled from Spain after the end of the transition period since they didn’t register, because some British newspapers which had supported Brexit published outraged pieces about how Spain was expelling Britons), so even after the whole Brexit thing was done, at least part of the Press still pushed (and Britons still believed) the whole idea that Britons should have special treatment even whilst not reciprocating it.
As I see it Britain and Britons are suffering from one hell of a post-Imperial Hangover, which makes it very problematic for them to cooperate with other nations in any format other than “purelly competitive and always trying to gain an advantage over others”, so they were always the odd one out in the EU and, frankly, De Gaule was right when way back he did not want to let the UK into the EU.
Tbf, most of the complaining was about Poles and Romanians.
Mostly because they were the lower income additions to the EU, and the absolute poverty wages being paid in the UK farming and construction industries would have seemed like a fair deal to them.
Oh and this cunt who convinced his empty headed followers that millions of Muslims would be coming here under EU rules from famous EU member, Syria.
I agree with the measures I hope they address companies doing it too as it could be a loophole.
We were thinking about a move to Spain soon and in years to come possibly renting out the home we buy and live in South America to be closer to family.
I imagine in this case , as a non EU resident despite being an EU citizen the tax would apply.
Can we get this in Washington State please.
we need this in berlin too
And everywhere else. Along with banning corporate ownership of residential property and banning short term rentals.
Wow, if corpos couldn’t own residential property? Could you imagine?? Unlike a lot of ways the world is all wrong, this is such a clear-cut, actionable demand. I love it. It’s so simple.
I mean they’d probably find ways to just put the deeds under individuals that are puppets for their corpo-daddies or something, but it’d be such a good impact.
Yeah, we need this.
