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Nomad: housing & costs · Canarias · 01.10, 11:04

Hacienda: children living in parents' home is not a gift

The Canary Islands government confirmed that parents can provide children with a second home without fees, which is not treated as a gift.

Prepared by AI from the sources below. We make sure it sticks to the facts in the sources, but AI can make mistakes - if in doubt, the source prevails. Automatically translated from Polish. How we make these texts →

Parents with a second property can allow children to live there for free. This is an alternative for young people facing rental difficulties. It is essential to understand tax and legal consequences before formalising the agreement.

What this means: Categories: Nomad: housing and costs

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