Spanish PM Pedro Sánchez said non-EU residents bought thousands of homes in 2023 "to speculate" and "make money from them."

Spain is planning to impose a 100 per cent tax on real estate for buyers from non-EU countries such as the UK, in a bid to improve affordability in the housing market by deterring foreign purchases. Prime Minister Pedro Sánchez announced the plan for the punitive property tax,

Following Brexit, British homeowners in Spain are prevented from spending more than 90 days in every 180-day period at their Costa homes, unless they are registered as tax residents.