Spain Proposes 100% Tax for Non-EU Home Buyers

Spain Proposes 100% Tax for Non-EU Home Buyers

Assessment

Interactive Video

Business

University

Hard

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The video discusses a proposed 100% tax on home purchases by non-EU citizens in Spain, primarily affecting British buyers. The tax aims to address housing shortages by discouraging foreign speculation. However, its passage through Spain's fragmented parliament is uncertain, and its effectiveness in solving housing issues is debated.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the Prime Minister face in passing the proposed tax through parliament?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the proposed 100% tax affect property shortages in major cities like Madrid and Barcelona?

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