A new wave of tourist taxes will see non-EU residents slapped with a 100% tax on property purchases in Spain, or an outright ban.

Spanish Prime Minister Pedro Sánchez is launching a crusade against what he sees as the downsides of social media.

Spanish package holidays were all the rage and TV shows like A Place in the Sun fuelled the dream of owning a slice of its sun-drenched southern coast.

Pedro Sanchez said the EU should put an end to anonymity of users in social-media platforms and hold their CEOs personally accountable if they fail to comply with regulations.

Analysts expect Spain's economy to continue to recover in the coming months, despite being likely to stay vulnerable to the continuing effects of the Valencia floods, and with the possibility of tariffs being imposed on the EU by the US.

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

MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.

Minimum wages have increased across the European Union for 2025, with most countries implementing substantial hikes that outpace inflation. The trend suggests that the EU’s Minimum Wage Directive is beginning to shape wage-setting policies,

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.

Spain will end its “golden visa ” programme this spring in a bid to address the country’s growing housing crisis. So-called “golden visas” grant residency rights to foreign citizens through investments in real estate.

Travelers heading to Spain in 2025 will find themselves in luck: as long as they’re not seeking to purchase property in Spain, they likely won’t be impacted by the new legislation, as it’s mostly seeking to end the growth of short-term rentals.

Non-residents from outside the EU bought some 23,000 houses and flats in Spain in 2023. Read more at straitstimes.com.