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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A million to lose disability benefit as Labour slashes £5bn from welfare bill
Labour announced cuts to disability benefits, affecting millions of disabled individuals, with a focus on raising the threshold for personal independence payments (PIP) to save £5bn by 2030. The changes, criticized as immoral by charities and Labour MPs, aim to address concerns that the bill for disability benefits will reach £70bn by 2030, impacting 4m claimants. While some welcome measures were noted, including not freezing PIP payments and ending regular assessments for severe disabilities, the...
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