We go annually and love our holidays there. I adore the culture, the people, the weather – the lot. My daughter is even learning Spanish and tries it out on the friendly locals. Often, as we stroll along the sun-kissed beaches, flip flops in hand, I’ll stop, breathe in the sea air and say wistfully: “I really want to live here one day.”
The idea was that we would wait for the kids (now age 16 and 11) to leave home and get established in their careers, and then try to buy a little pied-a-terre to escape to a few times a year. We don’t want a villa or a mansion, just a little space we can use as a base and then live out our years in the sun. I had dreams of my own children marrying, having kids of their own and coming out to holiday with us, and of leaving it to them one day so they could carry on that tradition.
He said: “The West faces a decisive challenge: to not become a society divided into two classes, the rich landlords and poor tenants.”
Sanchez pointed to the 27,000 houses and flats bought by non-EU residents last year: “They didn’t do it to live in them, they didn’t do it for their families to have a place to live, they did it to speculate, to make money from them.” In some cases, perhaps. But the average family who has saved to purchase a holiday home is simply not in the same league as an oligarch or investment company buying up a whole corner of Mayfair, for example. It’s not comparable. Yet my family and I, who want so much to be part of Spanish life, would be treated the same as hedge funds and the super wealthy.
Sánchez’s comments have made me rethink my plans and dreams. Such high taxes would definitely make it harder, perhaps impossible, for ordinary people like me to buy a small holiday home abroad. Times that by hundreds, even thousands of people in the same position, and I feel Spain may regret their decision to alienate Brits. This move won’t do anything meaningful to tackle Spain’s housing crisis.
I’m going on holiday to the Canaries in Spain again this year. I wonder if this year I’ll walk on the sands dreaming of buying property there as usual. Or should I – and people with dreams like me – take the Spanish PM’s sledgehammer hint that we Brits are no longer wanted, and look elsewhere?
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