Slovenia Plans to Tax Second Homes to Boost Budget Revenues

December 23, 2024, 5:30 PM UTC

Slovenia plans to impose a tax on second homes to raise budget revenue and slow the appreciation of property prices amid a housing shortage.

The move is a political gamble. Prime Minister Robert Golob’s administration is behind in polls ahead of the 2026 parliamentary election and is facing resistance to the tax from homeowners and the opposition.

The cabinet is proposing an annual levy of 1.45% of the affected properties’ general market value, Golob told reporters in Ljubljana on Monday. The measure may net more than €600 million ($624 million) annually, he said, with most of the proceeds to ...

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