Etiqueta 'Mallorca Wealth Tax'
Balearic political parties launch their foreign vote campaigns with property restrictions and wealth tax topping the agenda
“The left criminalises foreigners with a house on the island due to the failure of its housing policies and as they watch them fail, they consider prohibition as the solution."
The rich in the Balearics already paying more than the new "solidarity tax"
The Spanish government's solidarity tax on "large fortunes" will apply from the first of January.
Reducing wealth tax on second home some say would boost investment.
Reducing wealth tax on second home some say would boost investment.
Calls to scrap wealth tax on second homeowners in Mallorca
Reducing the wealth tax is a move to ease the cost of living and boost investment
Economy
Growing number of millionaires
The average assets declared in the Balearic Islands in 2018 was 3.1 million per taxpayer.