{"id":133762,"date":"2023-01-16T20:52:58","date_gmt":"2023-01-16T13:52:58","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/balearic-islands-seek-to-ban-non-residents-from-buying-property\/"},"modified":"2023-01-16T21:05:09","modified_gmt":"2023-01-16T14:05:09","slug":"balearic-islands-seek-to-ban-non-residents-from-buying-property","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/balearic-islands-seek-to-ban-non-residents-from-buying-property\/","title":{"rendered":"Balearic Islands seek to ban non-residents from buying property"},"content":{"rendered":"<p>&#013;<br \/>\nOfficials point to similar policy in Canada and ask Madrid to lobby EU as high prices push out local peopleOfficials on Spain\u2019s Balearic Islands want to ban non-residents from buying property as soaring prices in Mallorca, Menorca and Ibiza drive local people out and create \u201cghost villages\u201d of empty homes.Such a move could make it impossible for foreigners to buy a holiday home in the archipelago. It follows a similar scheme in Canada, which introduced a two-year ban on property purchases by non-residents, with exceptions made for immigrants and legal residents. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/world\/2023\/jan\/16\/balearic-islands-seeks-to-ban-non-residents-buying-property-soaring-prices-spain\" target=\"_blank\" rel=\"noopener\">Balearic Islands seek to ban non-residents from buying property<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Officials point to similar policy in Canada and ask Madrid to lobby EU as high&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-133762","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yNs","jetpack-related-posts":[{"id":69550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/balearic-cave-home-in-pictures\/","url_meta":{"origin":133762,"position":0},"title":"Balearic cave home \u2013\u00a0in pictures","date":"October 20, 2017","format":false,"excerpt":"\r This two-bedroom natural cave in Menorca is full of quirky artwork that might just rock your world Continue reading...\r \r Source : theguardian.com\r Read more...Balearic cave home \u2013\u00a0in pictures","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97562,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/re-start-of-major-home-building-in-spain-threatens-picture-postcard-coastline-villages-and-coves\/","url_meta":{"origin":133762,"position":1},"title":"Re-start of major home building in Spain threatens picture-postcard coastline villages and coves","date":"September 10, 2018","format":false,"excerpt":"\r Sandwiched between a crystalline blue sea and green pine trees lies Aiguafreda, one of Spain\u2019s last largely unspoilt Mediterranean coves which is now being threatened by a new building frenzy. From Catalonia to the Balearic Islands numerous building projects which came to a halt during the country\u2019s 2008 economic\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canada-prepares-to-ban-most-foreigners-from-buying-homes-for-two-years-to-control-soaring-prices\/","url_meta":{"origin":133762,"position":2},"title":"Canada prepares to ban most foreigners from buying homes for two years to control soaring prices","date":"April 7, 2022","format":false,"excerpt":"\r Canada is preparing to ban foreigners from buying homes for two years to stave off inflation, as the Trudeau government seeks to fend off political backlash to soaring inflation.\r \r Source : South China Morning Post\r Read more...Canada prepares to ban most foreigners from buying homes for two years\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scammed-and-the-bank-wont-pay-up-beware-the-section-75-get-out-clause\/","url_meta":{"origin":133762,"position":3},"title":"Scammed and the bank won\u2019t pay up? Beware the Section 75 get-out clause","date":"March 22, 2018","format":false,"excerpt":"\r We fell for a scam website but Santander wouldn\u2019t refund our money under the Consumer Credit ActI booked a villa holiday in Mallorca for \u00a31,624.76 with an online company called Balearic-Travel.com. The firm then stopped all contact. The night before our departure, I researched the company online and discovered\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/legislation-to-ban-foreigners-from-buying-existing-homes-will-be-introduced-tomorrow\/","url_meta":{"origin":133762,"position":4},"title":"Legislation to ban foreigners from buying existing homes will be introduced tomorrow","date":"December 13, 2017","format":false,"excerpt":"\r Legislation to ban foreigners from buying existing homes will be introduced tomorrow - although some non-residents and citizens will be allowed to buy property.Housing Minister Phil Twyford and Land Information Minister Eugenie...\r \r Source : nzherald.co.nz\/Property\r Read more...Legislation to ban foreigners from buying existing homes will be introduced tomorrow","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20516,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/your-holiday-is-booked-then-the-firm-goes-bust-have-you-lost-your-money\/","url_meta":{"origin":133762,"position":5},"title":"Your holiday is booked \u2013 then the firm goes bust. Have you lost your money?","date":"July 22, 2016","format":false,"excerpt":"\r Not if the company was registered with Atol, which is why it\u2019s important to check for the logo when you bookThe collapse of LowCostHolidays, which has left 110,000 holidaymakers out of pocket, has turned the spotlight on how vulnerable people are to booking through websites that appear to be\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133762"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=133762"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133762\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}