I love Murcia !!!!!! ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

ITP means Impuesto de Transmisiones Patrimoniales....and you pay it when you want to purchase a second hand house. If you buy a new one you will pay IVA. The ITP tax will wary depending on the region,age etc//// This proposal is ridicolous because if you are british you can create a company and buy a house without paying 100% tax

Hello from Miami Fl, I think the area of Murcia it's beautiful, it cannot be compare to Florida. Its old Europe with new infrastructure and well developed area. I will be visiting the area in April 2025 by ship.

100% agree with this new law. As a Spanish resident (originally from Britain) and working over here, I see colleagues I work with not able to rent and cannot afford to buy and then have to leave the working economy. If people are serious about buying to live here, as you say they can rent until they become residents and stop all the speculators just buying over here to turn a quick buck 👍

Brits moaners, the same ones who voted for brexit and never thought Brexit works both ways. Typical british arrogance. Hilarious 😂

Precioso documental, viva Murcia. muchos murcianos damos la bienvenida a turistas de cualquier parte del mundo, sin embargo el gobierno parece culparles de todos los males

Como murciano valoro que las personas que se establezcan aquí en Murcia aprendan a amar nuestra tierra. Por otra parte en Murcia tenemos la suerte de que aún no hay turismo masivo y no vivimos situaciones horrorosas que se viven en Alicante, Málaga o Barcelona. Por favor hagamos entre todos que todo siga igual que hasta ahora, para mucho murcianos los fracasos en proyectos urbanísticos son oportunidades para continuar como una región sin masificación turística. La masificación turística no es buena para los habitantes de la región de Murcia y no necesitamos turismo para ser una región moderna y valiosa, es más cuanto más turismo más recursos se distraen hacia el turismo y menos hacia otros sectores. Yo prefiero tener una ciudad normal, no un engendro horrible de calles llenas de turistas que convierten las ciudades en museos muertos, con precios desorbitados e inasequibles para los nativos

As a Murcia citizen who is considering moving to Florida this video really makes me think if I should! Thank you for the great video and your love to this area.

This pits homeowners vs non-homeowners. Loosing a significant segment of foreign buyers will make houses more affordable for those without a home but will decrease the value of homeowners biggest asset, their home,

A commercial for golf courses.

With in 5 year these schemes will ruin the spanish economy, Its effectivly closing the door on foreign investment,

Poor people keep out, unless you are going around the back to empty the bins.

As usual, greed, over development.

No hurricanes.... 😊

So Florida isn't a land of broken dreams? In that way is still pretty similar to florida.

Can’t help but think this feels like the South Americanisation of Spain 1. Get the public against one of the bright spots of the economy 2. Import and legalise millions of third world migrants 3. Illegals take up your lowest paid jobs and keep the wage floor there 4. Your high tax and overly regulated socialist system starves out business and deters any new investment or companies 5. The money they squeeze out of the rich predominantly go toward Abdul and his family in Morocco. So the little benefit out of socialism you don’t even get to experience You’ve basically have socialism without any of its (limited) upside. Just the downside And instead of focusing on the problem, the public is focused on the brighter spots of the economy. It’s like they want to sabotage the country

It will already have had a negative impact on the market.

tierra de caciques víctima de sus malas decisiones

nice , did anyone check who bought all this resorts/real estate for pennies ?

Should do something similar in Norfolk. Since covid all those previously living inside the M25 have moved up the A11 now 'working from home' and scooped up all the housing sending prices beyond the range of locals.

If they pay 100% tax they will still be better off than rip of Britain……

They will miss the uk spending in restaurants and bars, i have owned in spain and during off season its mainly Brits out spending.

If a part of demand for properties is taken away the value of property prices will fall. Those already with mortgaged properties will find themselves in negative equity. Yes, younger generations will be able to buy properties as house prices fall, but with the push against tourism industries, Spain's hospitality industry will decline. Transportation, food and drink establishments (bars, restaurants, takeaways etc.), hotels, tourist attractions all rely on visitors to pay employees wages. Those jobs that remain will be in high demand forcing wages downwards. Foreign investment will not want to invest into a country hostile to foreigners, particularly if specialists brought in from outside of Europe find themselves being heavily taxed. Other countries might also respond to these measures by treating Spanish citizens in a similar way. I agree with the sentiment, but the government must find another way to resolve the situation. The proposed measures will do more harm than good.

No objection IF the 100% real estate tax is used to push out investors. In Florida there is a homestead exemption for individuals.

eventually, when foreigners realise that they are only welcome in Spain to pay taxes etc.the problem will be solved itself, but the clever Spanish government will then realise where the money comes from and pays the bureaucracy in Spain!

The video that showed after this kzbin.info/www/bejne/e4HIhWaCgrqSeLMsi=NtUn0VhdXSBIL5wZ 😊

the spanish have a backwards view on this topic. rather than increase earnings and improve its economy the espanoles would rather keep wages below the rest of europe but make housing cheaper. helps the poor today, but without growth in earnings and property values spain will not thrive.

You’ve done a really good job here.

Remember all those poor people in Spain who had to demolish their beautiful houses due to corrupt politicians who had handed out Mickey Mouse authorisations defrauding the owners ?

All part of the global rollout of the goals of Agenda 21.

You are wrong, the problem is not airbnb flats, those are only 2% of the total amount of houses in Spain. The problem is the government hasn’t built any public housing in more than 15 years leaving the offer in the country left to none

Actually makes sense and we should do the same for those purchasing property who are non uk residents who do not plan to live in the building for at least 9 months of each year.

The Spanish political system is corrupt.

Young people in the UK often have to borrow 6x salary over 40 years - why should the Spaniards be any different. No country has successfully taxed property heavily without killing their market.

Loved the video we just purchased on MMGR and love it 🥰

It would kill the mountain villages .

In Mallorca, I haven't met a local who doesn't own at least 2 properties, usually more.

I thought the 100 percent was to prevent Bulk Buying from non Spanish investors??

In the Canaries, the local Governments are handing out Vv licences for short lets willy nilly. They want the tax income.

Thank you for this clear and concise explanation of the Foreign Buyers´ Tax. Recently , there was an article in the Daily Fail on this topic and all sorts of misinformation was swirling around in the Comments Section. Thanks to people like yourself, the information is now crystal clear.

In theory i agreee with this proposal but there should be higher taxes for EU buyers too. Not 100% but certainly higher. But this isn't just a Spanish problem, it's across all of the Mediterranean area. All of the new builds where i live are hardly even built yet already been bought, usually from foreign 'investors'. Houses should be for homes, not investing in.

id say Florida is land of broken dreams. Murcia has 200 times more history than Florida 😂

Disclaimer: Murcia is a city. If you want to refer to the province or the region, please explicitly say so. Otherwise, it can be viewed as very offensive by locals from cities other than Murcia itself.

As a resident, Spain is dangerous for wealthy people /developers. The moment a tax inspector gets wind of wealth, they will come to seize as much as they can. Go to Spain for a nice holiday. Never, ever become a resident. Even if you have nothing to your name, you are still seen as prey for the tax hunters. After 5 years residency in Spain as a developer, I'm in the beginning of a decade long nightmare with spanish tax inspectors, who wants to criminalise my business internationally, even though it was founded more than 30 years ago. Visit Spain as a tourist and make sure you never stay longer than where you live.

Another wonderful brexit benefit. 😂 You make your bed you lie in it.

Affordable housing is incompatible with investment, because supply is fixed. Too much property is vacant. Affordable housing is written in the Constitution of Spain. But making money from property speculation and hoarding is NOT. So the solution is to introduce capital gains tax of 80% for properties sold. Earlier investors will be partially protected, because the tax should be calculated as yearly average from before and after the new tax date. This will discourage buying property for investment. And people will buy property when they actually need it. To stimulate renovation business, lower capital gain tax should be applied for the 1st and 2nd year after a purchase (20% and 40%). Land without property will not have the 2 year tax discount. The tax will: incentivize to sell unused property, not to buy property for now mostly unprofitable investment, generate considerable tax revenue for the state, increase the number of properties for sale, thus lower prices. The tax collected can be used to build social housing. Income tax from long term rentals can be lowered to compensate and stimulate property rentals. So the buy-to-rent profitability will not be affected, but allow more people to rent cheaper. It is time to stop profiteers from unearned income due to infrastructural investments of the state in the cities - as metro station nearby, for example, makes nearby property more expensive. This is the goal of the proposal.