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Gifting a Property in Spain to Children. Is it a Good Idea?

Gift­ing a prop­erty in Spain to Chil­dren is a very good idea in the Valen­cia re­gion right now. In the past two years we have been very busy with dona­tions in this re­gion. Gifting a Property – Tax Free Allowances Each child (chil­dren of the prop­erty own­ers but adults) gets a 100,000€ tax free al­low­ance at the present time in the Valen­cia re­gion. This gen­er­ally means that a prop­erty can be passed onto the next gen­er­a­tion with little or usu­ally no in­her­it­ance tax. It is [...]

Fuente: Spanish Solutions // 9th April 2020
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