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Foreigners buying property are not tourists. Not all of them, but certainly many are. Plus they're often also buying to rent out to tourists.
by dagw 2y ago
Foreigners buying property are not tourists.
Not all of them, but certainly many are. Plus they're often also buying to rent out to tourists.
- pc86 2y agoBy definition they are not.
- dagw 2y agoBy what definition? If I own an apartment in Spain and pop down there a few weeks each year to relax and chill, how am I not a tourist.
- pc86 2y agoBecause you live there, pay taxes there which funds local services, and own property there.
- dagw 2y agoI'm not talking about people moving to the country, I'm talking about people who buy a holiday home there. And on the tax front I suspect people staying at hotels and eating at restaurants pay every bit as much tax as people staying in their holiday homes.