A very high tax when the owner is not in the country and also isn't renting the property at fair market value. Basically, you should use the property somehow ra

A very high tax when the owner is not in the country and also isn't renting the property at fair market value. Basically, you should use the property somehow rather than merely hoarding, storing, and withholding the property from its purpose. If it's not being used, the tax would be a total obscenity. Punitive. e.g. 90% tax on the profit of the home sale. If you're a foreigner parking money in real estate, not using that real estate, and disallowing it to be used? Thank you for your contribution to our society. Pay up. Proof of living in the residence is necessary for some kinds of loans, so it's not a new concept. And the tax can be settled once every X years (maybe 3), or at home sale.