Brexit has been blamed for ruining Brits' plans to move to Spain following the announcement by the country's prime minister to ban non-EU property purchases.
Barcelona's mix of affordable cost of living and quality of life has helped create a vibrant startup community — and become a hotbed for the creation of surveillance technologies.
The Associated Press - Business News on MSN6d
Spain to tax non-EU property buyers
Spain is planning a raft of measures to address its brewing housing crisis, including an up to 100% tax on properties bought by people who are neither citizens nor residents of the European Union.
Barcelona have secured their passage into the last 16 of the Champions League with six wins and one defeat to date. Liverpool, who beat Lille 2-1, top the league stage from Barca in second, and are the only other side to be assured to skip the playoff round at this stage.
A new report from the European Court of Auditors (ECA) has concluded that air pollution in the EU continues to be a danger to health and that, despite recent improvements, member states might fail to meet future targets unless ‘existing and additional’ measures are effectively implemented.
Major cities — Athens, Kraków, and Barcelona were those selected by the ECA — are failing to tackle noise and air pollution. The authors attribute this to the lengthy infringement processes of the European Commission, city authorities’ misuse of funds EU, and local resistance to measures such as low-emission zones and green spaces.
Public anger is growing as locals are being priced out of home ownership with rents being driven up by gentrification and landlords shifting to more lucrative, short-term tourist rentals, especially in urban and coastal areas.
Socialist PM Sanchez announces several measures, including 100 percent tax on foreigners, to tackle the housing crisis.
It's a very interesting challenge, at least on paper, the one that will be staged at the Estadi de Son Moix: in fact, the host Mallorca will face Betis of Seville, in a gaar that confronts two teams both protagonists, despite themselves, of a complex seasonal moment, not only as far as the championship is concerned.
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EXCL: A Place in the Sun presenter Laura Hamilton, who helps Brits find their dream home abroad, branded Sanchez's plan 'crazy' - but said it was already backfiring for the Spanish PM.
In a further move to potentially limit property purchases by foreigners in Spain, Barcelona city council is exploring ways to ban investment funds and non-residents from buying homes in the Catalan capital that won't be used for residential purposes.