Spain's Balearic Islands slap down new restrictions in win for British expats

Spain's Balearic Islands slap down new restrictions in win for British expats

Daily Express - World·2025-04-28 11:02

 authorities have come out against proposed restrictions on potential expats purchasing homes. The proposal resulted from the Canary Islands' request for help from the European Union to try and control the number of foreigners buying homes. Despite both destinations suffering from overtourism and issues within the property market, the Balearic Islands have refused to take any action involving any limits regarding foreigners.

On the other hand, limits have been formally requested of the EU by the Canary Islands. There have also been proposals by Spain's Prime Minister, Pedro Sanchez, to either charge non-EU non-resident property buyers a 100% tax or completely ban them from buying homes in Spain, if they have no connections to the country, reports thelocal.es

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