Friday, May 31, 2024 Majorca is contemplating a new regulation that could significantly affect UK expats and tourists wishing to relocate to this popular European holiday destination. The rule, proposed by a local neighborhood organization called Banc de Temps de Sencelles, mandates that individuals must reside in the Balearic Islands for at least five years before being eligible to purchase property. This is going to change the travel landscape.
On a recent Saturday, Banc de Temps de Sencelles successfully rallied around 10,000 protesters in Palma. These demonstrators voiced their concerns about the negative impacts of tourist overcrowding and demanded better access to housing for locals. The organization’s manifesto outlines seven key measures aimed at addressing the overcrowding of tourists and ensuring affordable housing for residents.
The proposed five-year rule and other measures could have far-reaching effects on the tourism industry and local businesses in Majorca. The proposed five-year residency rule and additional measures in Majorca reflect growing concerns about tourist overcrowding and housing affordability. If implemented, these changes could reshape the island’s tourism landscape, affecting UK expats, local businesses, and future visitors.
While aimed at preserving the local community and ensuring sustainable development, these measures highlight the ongoing struggle between tourism growth and maintaining a balanced, livable environment for residents. In a.
