The country is at the forefront of a wider crunch spreading across Europe, and its prime minister has proposed a 100 percent tax aimed at foreign real estate investors.

As Spain continues dealing with a nationwide housing crisis, its government has proposed an unconventional fix to the problem — and one that will not please foreigners. Spain has announced plans to implement a 100% tax on homes purchased by non-European Union residents,

Plans to prohibit British nationals and other non-EU citizens from buying second houses in Spain have been revealed by Spanish Prime Minister Pedro Sánchez. The action attempts to stop foreign speculation and lessen the load on Spain’s already troubled housing market in the wake of growing worries over housing affordability in the nation.

Pedro Sanchez said the EU should put an end to anonymity of users in social-media platforms and hold their CEOs personally accountable if they fail to comply with regulations.

Spain’s travel experiences sector is outperforming the global marketplace for tours and attractions. According to Arival’s Global Operator Landscape 3rd. Ed., a survey of 7,000 tour, activity and attraction operators worldwide,