RE: Overseas Problems and in line UK sales stagnant16 Jan 2025 18:14
Edgefund, it is not a tax on 'tourists', it will be a property tax on all non-EU buyers, just to get it right.
Also, it does remain to be seen whether or not it actually gets implemented.
However, the real question here is can we expect to see copycat measures by other EU nations...?
One can imagine if the chancellor in Spain is looking to fleece a few quid out of foreigners, who are obviously well to if they can afford a second home abroad, then I can imagine that other EU nations might follow suit.