Spanish Prime Minister Pedro Sanchez said he would propose to ban purchasers from outside the European Union from buying properties, as the government seeks to curb rising housing prices, which have become an increasing source of friction.

Spain’s prime minister to ban Britons buying second homes - Proposed ban comes amid soaring property and rent prices in Spain

The proposal follows anti-tourism protests in some of Spain's most popular tourist destinations, including the Balearic and Canary Islands

Spanish Prime Minister Pedro Sanchez plans to restrict property purchases by non-EU buyers as a measure to regulate housing prices. The proposal includes potential bans and tax increases on foreign acquisitions to combat speculation.

Spanish Prime Minster, Pedro Sánchez, announced Sunday a series of government reforms and policy proposals, including harsh restrictions on non-EU residents purchasing property. The measures aim at

Spanish Prime Minister Pedro Sanchez will propose a ban on people from outside the European Union buying homes in the country, part of a broader attempt to confront a housing shortage.