donations Archives - usatoday24

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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