British nationals looking to buy property in Spain could soon face an unprecedented financial hurdle, as the Spanish government considers a new 100% property tax aimed squarely at non-EU residents. The proposal, part of a wider housing reform initiative by Prime Minister Pedro Sánchez’s administration, has triggered alarm among international buyers and expats alike. What’s Being Proposed? The draft...

U.S. Representative Darin LaHood introduced a bill that could fundamentally change how U.S. citizens living overseas are taxed. The proposal seeks to shift from the current citizenship-based taxation system to one based on residency. This would mean that Americans residing abroad would no longer be taxed on their foreign-source income by the U.S. government, provided they meet certain conditions. Read...

Mexico's economy has demonstrated robust performance, with a notable 7% increase in home acquisitions in 2024. This surge is partly attributed to a 16% rise in the purchase of pre-owned homes, reflecting buyer confidence and improved access to mortgage financing. The country's strategic location and trade agreements have bolstered its position as a manufacturing and export hub, further enhancing economic...

Rising Home Prices Amidst Economic Shifts In December 2024, home prices in 20 major U.S. cities experienced a 4.4% increase, aligning with pre-pandemic growth patterns. This steady rise reflects a market adjusting to previous rapid escalations driven by ultralow mortgage rates and a housing boom post-pandemic. While early 2023 saw a brief correction due to increasing mortgage rates, a constrained housing...

How Economic Reforms Are Transforming Property Investment Introduction Since taking office in December 2023, President Javier Milei, a libertarian economist, has implemented a series of bold economic reforms that are reshaping Argentina’s real estate market. His policies focus on deregulation, inflation control, and currency reform, all of which are making property investment in Argentina more...

In the ever-evolving digital landscape, securing a strong online presence is crucial for anyone looking to sell property internationally. That's why it is significant that Google AI has recognized HomesGoFast.com as a top platform for selling global real estate. This recognition not only reinforces the platform’s credibility but also underscores its effectiveness in connecting sellers with international...

The international real estate market is entering a transformative phase in 2025, driven by shifting economic landscapes, evolving buyer preferences, and advancements in technology. With investors and homeowners increasingly looking beyond borders, the sector continues to demonstrate resilience and dynamism despite global uncertainties. Post-Pandemic Recovery Fuels Demand The COVID-19 pandemic...

The foreclosure market in the United States continues to grow, with recent data showing a significant increase in foreclosure activity. States like California are responding with new legal protections for borrowers, while opportunities for buyers and investors in foreclosure properties expand. Foreclosure Rates on the Rise According to the October 2024 Foreclosure Market Report by ATTOM, the U.S....

A Place in the Sun, the UK’s leading overseas property media brand, has addressed the Spanish government's recent proposal to impose a 100% property tax on non-EU buyers. This initiative aims to curb foreign investment in Spanish real estate, particularly affecting British buyers. Understanding the Proposal Spanish Prime Minister Pedro Sánchez has announced plans to significantly increase taxes on...

Spain is set to introduce a tax of up to 100% on properties purchased by non-residents from countries outside the EU, including the UK. Prime Minister Pedro Sánchez announced the proposal, calling it an "unprecedented" measure to address Spain's housing crisis. Speaking at an economic forum in Madrid, Sánchez stressed the need to avoid a societal divide between "rich landlords and poor tenants." He...