Spain is planning to impose a tax of up to 100% on the value of properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister Pedro Sánchez said the "unprecedented" measure was necessary to meet the country's housing emergency.

Following the international news that Spain will try and stop non-EU non-residents from buying property by taxing them at 100 percent, many have wondered how it'll actually work in practice. Here's what we know so far.

Spain’s government will seek to limit the number of houses sold to foreigners by significantly raising the taxes they pay.