In 2024, non-resident foreigners accounted for 8 percent of property purchases in Spain, with a total of 56,139 homes acquired, a modest 2.2 percent increase from the previous year. The majority of these purchases were concentrated in Málaga and Alicante, while emerging nationalities like Poles and Czechs are also entering the market. Amidst government restrictions, non-resident foreign buyers face challenges in the Spanish property market, with potential tax increases and bans being proposed.
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PMQs live: Badenoch hits Starmer with ‘emergency budget’ jab about upcoming spring statement
Kemi Badenoch criticized the government's handling of the economy, questioning the need for an emergency budget following the Chancellor's recent budget announcement. Sir Keir Starmer defended Labour's economic record, highlighting record investment, interest rate cuts, and rising wages under their leadership. The government's proposed overhaul of the benefits system, including changes to Pip eligibility, has sparked backlash for being seen as targeting the poorest in society to balance public finances. Full Article
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