Spain's Prime Minister Pedro Sanchez proposed on Sunday to ban people outside the EU from buying housing in the country, as part of his drive to ease an affordable-homes crisis.

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Spain's prime minister said too many foreigners were buying investment homes. But efforts to discouraging them could hit the economy, experts said.

Spain is set to introduce a groundbreaking tax on properties bought by non-residents from countries outside the European Union. Prime Minister Pedro Sánchez announced this ambitious measure alongside a series of initiatives aimed at combating the nation’s ongoing housing affordability crisis.

Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by non-European Union residents

Spain's Prime Minister Pedro Sánchez said too many people were buying Spanish homes as an investment rather than to live in.

THE minority Pedro Sanchez government has suffered a setback with the right-wing Catalan separatist party, Junts per Catalunya, suspending its

PRIME Minister Pedro Sanchez has announced plans for tax increases on tourist flat rentals and restrictions on non-EU residents buying a home in Spain.

Spain’s government will seek to limit the number of houses sold to foreigners by significantly raising the taxes they pay.

Spain is working on implementing a tax as high as 100 percent for houses purchased by non-EU citizens to mitigate its housing crisis.

Spain’s government has announced plans to impose a 100% tax on real estate purchases by non-EU residents, introducing its strongest measure yet to address soaring housing costs that have

Spain's Prime Minister Pedro Sánchez proposed on Sunday to ban people outside the EU from buying housing in the country, as part of his drive to ease an affordable-homes crisis.