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I hope there is an exemption for people buying houses that they reside in full time. This type of policy is incredibly anti-immigrant otherwise.
Yeah, it would only apply to people from outside the EU that also don't reside in Spain.
Source (in spanish): https://www.eldiario.es/economia/ventajas-fiscales-alquiler-asequible-limites-extranjeros-no-residentes-sistema-publico-garantias-nuevas-medidas-vivienda-gobierno_1_11959199.html
You can rent for some time until you have your residency solved/accepted.
My wife is on year 4 of the immigration process in the US. She's still dealing with people misunderstanding how work authorization works with recruiters when applying to roles. She applied ages ago to get the condition removed from her permanent residency. This is even working for years at major companies and making 6 figures. We also bought a home after she started the process.
I know and understand that the US immigration process is not the same as what is in Spain or any other country, but bureaucratic bullshit exists everywhere and you don't know the gotchas until you go through it yourself.
Saying someone needs to complete a process that can easily take 5+ years in some cases is just not realistic or fair. You shouldn't be forced to rent, it leaves you ripe to being exploited as an immigrant often by people who are xenophobic and bigoted.
There are ways to change the dynamic of landleeches but screwing immigrants isn't the solution. Everyone needs a place to live, nobody needs a place to rent out or to leave vacant as an investment. There should also be exceptions for things like commercial properties e.g. things zoned for business use. Shouldn't be fucking an immigrant over for opening up a gas station or restaurant to make ends meet because the locals are too xenophobic to hire foreigners (a huge issue all over the world.) ___
Yeah, that's what I thought too. But also it says "resident" so I guess you don't have to be a citizen to buy a house?
Non-EU residents. Right there in the title. If you are residing in Spain then you are a de facto EU resident.
Ffs.
Spain is adjacent to non-EU areas. Gibraltar is technically British and Morocco definitely isn't in the EU... and when you go a couple of countries further there's loads more.
Point being, no idea why you think Immigrants only come from the EU. Dominicans love moving to Spain... as do loads of people in countries of latin america.
A non-EU resident that moves to the EU becomes an EU resident. I think you might be mistaking this to be about non-EU citizens.
If you're immigrating you have to finish a process before you become a resident. My wife wasn't a resident for a full year until after we got married and she did the process. This means if she spent her money to buy a home during that time she would have been subject to the 100% tax.
This is what I mean. You can buy a house and live in it before you are a permanent resident. You can buy a house on a fucking visa and move in to the house and only later get whatever immigration document gives you lawful resident status.
I get it, now. I was mistaken.
Lol I thought that at first too. Chuckling to myself like "Oh boy here go all the civilized nations putting up measures to handle the wave of fleeing U.S / U.K migrants." LOL
Of course, I sympathize though. A majority of the ones actually able to flee would be the already-well-off that would try to get their nasty little business-fingers all over everything in their new borders.