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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."
Humphrey Carter14/01/2023 10:09 Opposition keep up the attack against foreign home-buying ban
Marga Prohens says that government housing policies have been "populist, radical and ineffective".
Former government housing director questions the sense of a foreign buyer ban
"I would be surprised if it (a foreign buyer ban) had a significant impact."
Balearics government says property laws for non residents are up to the EU
Government looking to adopt a more European policy for all island regions.
“Mallorca cannot become like Hong Kong”
"We need to stop, pause and reflect on what has happened, what Mallorca has already lost and how we are going to best protect what we have got moving forward."
Mallorcan foreign property market hit by a “nuclear bomb”
The message is reaching international markets and causing deep concern for the immediate future of the Balearics.
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Comment
Foreign vote trap
The proposed property restrictions have not gone down well in the Balearics nor abroad with either business in general or potential house hunters.
Humphrey Carter13/01/2023 07:00