When Hollywood mega-star Tom Cruise jetted into Mallorca last year the rumour mill went into over-drive with reports that he was planning to buy a property on the island joining the likes of Michael Douglas. Nicole Kidman was said to have fallen in love with Mallorca when she filmed here two years ago.
Hollywood A-listers will be hit by massive Spanish property tax in Mallorca
Spain targets non-European Union/non residents
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I wish there was a law that prevented Tom Cruise from entering Mallorca.
Baleària government have already said they will not allow this to happen and it won’t pass in Madrid anyway so a non story.
I doubt it will have any impact on Hollywood A people.
Who cares where these people buy second homes. It's totally irrelevant to 99% of people.
Do you seriously think these people would even consider buying something that a local person considers affordable ??? I don't see it helping whatsoever. The government needs to build affordable housing for residents , either to rent or buy & ensure only local / residents get access to these properties.
This article is very misleading, I believe they want to increase the property sales tax which is between 7 -14 % which would make the tax 14 - 28 %
The journalism gets worse at this publication. Nobody cares about "Hollywood A listers". Literally nobody imho. This is a pathetic excuse to write another silly story about the proposed property tax increase for non EU, non residents. So what if it deters Tom Cruise from buying a house here????
Tom Cruise could probably find that amount down the back of his sofa.