• Sat. May 18th, 2024

The Vacancy Levy in Tyrol: Short of Expectations and Struggling with Criticism

BySamantha Jones

May 5, 2024
Tyrol facing shortage of vacant apartments

In Tyrol, the vacancy levy that was implemented at the beginning of 2023 has fallen short of expectations. According to reports, only 900 vacant apartments were reported by the deadline of April 30, 2024. The state government has announced plans to amend the law in an effort to tighten the levy. However, it’s believed that the actual number of unused apartments in Tyrol is likely higher than what has been reported.

According to data from Austrian Statistics in autumn 2023, 16% of all apartments in Tyrol were without a registered residence. However, this may only be an indicator of vacancy. In Innsbruck, where rents are high, the focus is on vacancy tax. Only 50 vacancy declarations were submitted in Innsbruck for 2023, but surveys and projections suggest there may be around 7,000 empty apartments.

The vacancy levy has been criticized for its amount (maximum €2,200 per year) and numerous exceptions, which many see as toothless. A recent decision by the National Council gives states more leeway in collecting vacancy taxes. While a tightening of the Tyrolean vacancy tax is being considered, concerns about data protection regarding vacancy collection exist.

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In summary, while the Tyrolean vacancy levy fell short of expectations and has faced criticism for its limitations and exceptions, efforts are being made to tighten it further. Concerns about data protection also exist when it comes to collecting information about vacancies. Additionally, online resources can help users make informed decisions about various topics including technology and entertainment-related tools like TikTok video downloaders or YouTube to Mp3 converters among others.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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