04 Mar 2016 10:14 AM:

Thank you mariadecastro. Regarding your questions, yes, the money was transferred from my parents account abroad. However, half the money was first tranferred to my euro account abroad and then to my Spanish account. The other half directly to my Spanish account. And these were different amounts, sometimes 1k, sometimes 3k or 10k. I can't remember a bank certificate attached by the notary, I will need to it find out. Thanks

Thread: Mortgage gift from parents - taxable in Spain?

--------------------------------------

02 Mar 2016 3:42 PM:

Thanks a lot everyone for the explanations and suggestions. I need to have a word with my gestor I guess.

Thread: Mortgage gift from parents - taxable in Spain?

--------------------------------------

01 Mar 2016 7:01 PM:

Hi Everyone,

I am Spanish resident and recently I have taken a mortgage and bought a flat in Andalucia. Most of the money for deposit, initial taxes and fees were transfered from my parents as a donation/gift. Is this money taxable in Spain? Do I need to declare the amount of donation or gift for tax purposes? Is it possible that Hacienda will enquire abut this when I pay the annual IBI tax?

Any help much appreciated.

Thread: Mortgage gift from parents - taxable in Spain?

--------------------------------------