Spain to ban Britons from purchasing second homes in the country

21 January 2025 , 12:23

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Spain to ban Britons from purchasing second homes in the country

Spain has proposed banning non-EU residents - including Britons -  from buying properties in the country.

Prime Minister Pedro Sanchez announced the plan at a political rally, in what is the latest in a series of measures he wants to tackle rising property prices and limited supply. 

Spain’s Central Bank recently estimated that there could be a shortage of half a million houses across the country by the end of this year.

Speaking to supporters on Sunday, Sanchez said his government "proposes to ban these non-EU foreigners who are not residents, and their relatives, from buying houses in our country since they only do so to speculate".

Henry Morgan