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World

Spain’s expat tax won’t last long

18 January 2025

5:00 PM

18 January 2025

5:00 PM

‘There are only two families in the world, as a grandmother of mine used to say: the haves and the have-nots.’ Sancho Panza’s line in Cervantes’ famous novel was echoed by socialist Prime Minister Pedro Sánchez on Monday when he worried that Spanish society was rapidly dividing into two classes: ‘Those who inherit properties from their parents and those who have to spend their lives working to pay the rent.

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