donations Archives - usatoday24

donations from parents to children have skyrocketed

April 26, 2026 by usatoday24

In the offices of Valencian notaries there is a procedure that has been gaining weight in recent years, and at an astonishing speed: the donations from parents to children who want to have their own home. Since 2019, the region’s members have confirmed a “boom” both money deliveries (they have almost quadrupled in just over five years), and home transfers, an operation that has also multiplied. The objective is always the same: to help young people get their head into a market increasingly expensive…and inaccessible. It makes sense if we take into account if we see who buys in the region. What has happened? That the Notarial College of Valencia wanted to accompany the presentation of its new statistical portal (a tool valid for the entire country) of a series of data on the residential market in the region. Among all of them there are three especially interesting ones that are connected to each other. The first is the gradual rise in housing prices, the second is the negligible weight that young people have in the buying and selling market and the third is the boom in donations from parents to children, both of houses themselves and of sums of money. How much is donated? Increasingly, this shows that family support has become a key ‘key’ for young people to open the doors of the market and make the leap from tenants to owners. The data is clear. And they leave little room for doubt. According to Valencian referees, home donations from parents to children have doubled between 2019 and 2025: from 3,015 they have gone to 7,776. In short, they have skyrocketed 158% in five years. That’s if we’re talking about properties themselves. If we look at monetary donations, those that are based on money and that facilitate the payment of deposits or the signing of mortgage loans, the increase has been even more pronounced. How much have they increased? Those kinds of donations have almost quadrupled. If in 2019 Valencian notaries managed just under 3,000 operations in which parents gave money to their children to facilitate the purchase of a residential property, last year that figure had already climbed to almost 11,100 operations. 279% more in just five years. This boom was registered in all provinces. In Valencia it went from 1,647 to 5,370; in Alicante, from 844 to 4,012; and in Castellón from 432 to 1,712. Regarding the average amount of donations, in 2025 they exceeded 75,000 euros. Does it only occur in that region? No. In fact, the data from the General Council reflect that it is a fairly widespread trend in Spain. In 2025 the group processed more than 225,300 donations throughout the country, a data that can be analyzed from several angles. To begin with, it is the highest indicator since at least 2011 and far exceeds the 85,300 operations a decade ago. If that were not enough, it marks a clear upward trend: between 2023 and 2024 donations registered an increase of 15.2%, a drift that was consolidated with another 13% in 2025. At the end of 2025 the General Council I already warned that donations and inheritances were “consolidating themselves as instruments of access to housing”, a phenomenon that connects with an even larger trend: the Great Wealth Transfer. His statistics were again incontestable. Home donations went from 32,623 in 2017 to 54,735 in 2024. Residential property inheritances also drew a similar curve: from 335,888 they rose to 403,854. What is the reason? To answer that question we must recover the two keys that we pointed out at the beginning of the article: the increase in housing prices and how this increase has been closing the doors of real estate agencies to young people. Again according to the data managed by notaries, the cost of residential m2 (both in new and second-hand homes) has skyrocketed in the last decade in the Valencian Community. In 2025 it stood at 1,676 euros, 69.1% more than in 2013, when that same indicator reached minimum levels dragged down by the brick crisis. If we look at the specific case of Valencia, per m2 is even more expensive: 2,489 euros. In Alicante it has climbed to 1,889 and in Castellón to 1,297. How does that affect young people? More expensive prices require a greater capacity for savings and debt, something that is not always within the reach of young people. Especially if they are tenants before making the leap to owners. In 2024, a study by Infojobs concluded that Spaniards spend on average 47% of your salary gross payment of the rent for your home, which far exceeds the spending threshold recommended by experts and strangles the ability to save. With this backdrop it is explained that donations and inheritances have come to play a key role as a springboard to make the leap to owner. Who buys? The ‘photograph’ provided by the notaries is once again quite clear. In 2007, young people between 18 and 30 years old they accounted for 21.58% of home purchases in the region. Now that percentage has plummeted to 8.39%, even below the national averagewhich is around 9.6%. As a reference, foreign buyers represent 36.9% of the total, although their weight is not the same throughout the territory. In the province of Valencia it represents 21.97% of the total buyers, while in Alicante it accounts for 51%. Images | Northleg Official (Unsplash) and Giuseppe Buccola (Unsplash) In Xataka | If the question is “why doesn’t Spain build more houses”, the brick industry has the answer: it is not profitable

donations from their parents

March 11, 2026 by usatoday24

Daniel and Claudia are in their thirties, they live in Madrid and for years they combined their status as tenants with the dream of (one day) becoming owners of their own home. Every month they saved a little. And each month they got closer to their goal. The problem, like explain to The Countryit’s not just his bank account that was growing. So did the price of housing. And his rent, which threatened to rise by 200 euros from one day to the next. To escape this impossible spiral, Daniel and Claudia talked to their families and got them to donate 30,000 euros. What is necessary for the entrance to an apartment. The statistics of Spanish notaries show that theirs is not an isolated case. On the contrary. Donations (especially cash) have become the lever that allows young people to access an impossible market. What has happened? Which Notaries Are Encountering Every Time more donations intergenerational, capital that passes from grandparents, parents and uncles to the youngest members of the family to facilitate their access to housing. The phenomenon is connected with the ‘Great Wealth Transfer’ and it’s not exactly new. The referees they have been around for a while perceiving it. Even so, the clarity with which it can be seen in the 2025 sectoral balance that has just been released is surprising. advance The Country. Its reading is resounding: in Spain, so many donations have never been processed as now, with housing on the rise. And what does the data say? That in 2025 the notaries processed 225,317 donations. Not only is it the highest figure since (at least) 2011, far exceeding the 85,300 donations a decade ago; It also reflects an undeniable upward trend. After several years of stagnation, the number of donations grew by 15.2% between 2023 and 2024 and rose again by another 13% in 2025. The data of the General Council of Notaries (CGN) include all donations, without specifying how many correspond to property and how many correspond to cash or other types of assets; But the members themselves do not hesitate to relate this upward trend to the situation of the real estate market. Are there more indicators? Yes. A few months ago the council already published a report in which he confirmed that intergenerational donations and inheritances were “boosting access to housing” for the youngest. To be more precise, the group recalled that housing donations skyrocketed by almost 68% between 2017 and 2024 (from 32,623 to 54,735), while inherited properties increased by 20% during the same period (from 335,888 to 403,854). Are they that frequent? Yes. If inherited and donated homes are added, they are equivalent to 64% of all sales transactions registered in 2024. Not only properties are transferred. A year ago the notaries they already confirmed an increase in cash donations, especially amounts between 30,000 and 40,000 euros, although the range ranges from 10,000 to 300,000. In fact María Teresa Barea, spokesperson for the CGN, recently recognized that the majority of living inheritances that one encounters are grants of liquidity, money that allows grandchildren, children and nephews to face the first payments required to buy a home and make the leap from tenant to owner. Why this increase? For several reasons. One of the main ones is how complicated it is to get your head into the real estate market. The case of Daniel and Claudia is illustrative: not only does the square meter become more expensive, so do rents, nullifying the savings capacity of young people. According to a study by Grupo Mutua de Propietarios, 40% claims to have difficulties accessing housing, which explains (among other things) that in Spain the age of emancipation exceed in several years the average of the European Union. It doesn’t matter that the mortgage market has softened, the rise in housing prices (of 13% year-on-year) makes down payments an insurmountable barrier for many aspiring homeowners. Especially the younger ones. Hence their grandparents and parents come to their aid with donations. “Many young people who could pay the mortgage payments are not able to afford the famous down payment and initial expenses” Barea agrees.. The latest statistics from the CGN also show that donations have grown (and at a good pace) in practically all the autonomous communities of Spain. Are there more factors? Yes. One, fundamental one, is the changes in the distribution of wealth between population cohorts. What does it show us? Basically, young people accumulate less and less money, tipping the balance in favor of the elderly. The data of the Bank of Spain are eloquent: if in 2002 the population under 35 years of age accumulated close to 9% of Spain’s wealth, in 2022 that percentage had been reduced to 2.1%. In the case of those over 65 years of age, the trend was the opposite: during the same period they went from 25.4 to 39.2%. Images | Febiyan (Unsplash) and General Council of Notaries In Xataka | If the question is whether house prices will rise forever, London has the answer. And it is a warning for Madrid

You can pay for dinners, but not receive family donations

December 2, 2025 by usatoday24

The use of digital payments has skyrocketed in Spain thanks to the ease of payment from mobile phones and the success of platforms like Bizum. For this reason, the Government has decided to adapt the regulations to today’s world. As of January 1, 2026, it is redefined how banking entities must inform to the Tax Agency about the movements of its clients. The historical limit of 3,000 euros that until now acted as a reference for notifying the Treasury is eliminated and the criteria is changed: the amounts no longer matter but the patterns. The key question is how this affects individuals. End to the limit of 3,000 euros. Until now, banking entities had the obligation to inform the Tax Agency of any movement that exceeds 3,000 euros, regardless of whether it was a company or an individual. With the new Royal Decree 253/2025 which comes into effect on January 1, 2026, that limit disappears. Starting in January, the reporting obligation goes from being based on the amount of the payment to the type of operation and the total volume of the year and the obligation to report is also added when these payments are made through mobile payment applications or payments associated with mobile phone numbers (Bizum). This opens the door to operations that previously did not generate any type of notice (payments of 50, 200 or 500 euros made by card, transfer or Bizum), can now become part of the periodic reports that financial entities send to the Treasury. Bizum and mobile payments: what changes? The elimination of this limit does not mean that the Treasury will review these movements one by one, but the automatic barrier that prevented small transfers from flying under the Treasury’s radar is eliminated. Payment systems between individuals, such as Bizum, which were traditionally presented as an “informal” and quick way to send money, are thus integrated into the official information circuit. Payment and electronic money entities must report to the Treasury the credits and charges of all these accounts, including those associated with external apps or virtual cards. That is, the Treasury will also know what income or payments are made through these platforms and their frequency. Paying for dinner is not paying a mortgage. For the individual user, this means that sending a Bizum to a dinner with friendsa gift or a shared expense continues to work as usual. What changes is that the information circulates more systematically between the entity and the Treasury. If the movements are sporadic and consistent with personal use, it will have no consequences. However, if these payments are continuous, high, periodic or present their own patterns of economic activity, they could reveal some undeclared commercial activity or hidden donations between family members. Donating is not a crime.. One of the most frequently asked questions It has to do with the possibility of making small donations to family members: helping a child with their studies, supporting a family member with an unexpected expense or making specific contributions. The new regulations does not limit these operations on the platforms, since money transfers of 200, 500, 1,000 or 2,500 euros can continue to be made without any impediment. The change is in the Treasury’s ability to detect them if they occur through Bizum, transfer or digital payment on a recurring basis. …crime is not declaring it. Although the operation remains legal, the inheritance and donation regulations apply. That means that any donation, even a small one, must be declared. In the majority of autonomous communities, the rates for these donations they are very rewarded between immediate family members, to the point that in many cases nothing is paid. But declaring them is mandatory. If the movements are repeated or if the recipient cannot justify the origin, the Treasury could detect them and request explanations or impose sanctions. They want to detect undeclared activity. The focus of the new regulations is not to check whether you pay for your friend’s movie tickets or every daily movement, but to identify economic activities that are hidden behind dispersed digital payments: undeclared rents, private classes, recurring sales of products or habitual income that could be considered commercial activities camouflaged as personal transfers. That is why, more than sending a certain amount of money to a friend or family member, what increases is the Treasury’s control over frequent and repetitive income, regardless of the amount. In Xataka | Bizum en la Renta 2024: what income and payments you have to declare and how to do it in the 2025 declaration Image | Ivan Linares (Xataka Mobile)

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