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They will drive up the value of the property. The tax base will increase. Around here if you don’t pay your taxes you lose it. If you sell it you have to pay a tax, levy or documentary fee. Taxes are often paid by the purchaser and if foreign they don’t get the primary resident exemption. The land will still be there after they’re gone. Keep an eye on your politicians and make sure they don’t give away the farm.
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[–] Deflo56 0 points 1 point 1 point (+1|-0) ago
They will drive up the value of the property. The tax base will increase. Around here if you don’t pay your taxes you lose it. If you sell it you have to pay a tax, levy or documentary fee. Taxes are often paid by the purchaser and if foreign they don’t get the primary resident exemption. The land will still be there after they’re gone. Keep an eye on your politicians and make sure they don’t give away the farm.