What does the Young Renter Bonus of 250 Euros consist of? (Read carefully!)

What is the Young Rental Bonus of 250 Euros? We explain everything you need to know

Be quick, take advantage while the benefit is still available, and apply for your **monthly €250 aid** to receive the money in your account.

The Spanish government is concerned about the process of young Spaniards gaining independence, as many are still living with their parents at the age of 32, as shown by some statistical studies.

Therefore, the Youth Rent Bonus of 250 euros was created as part of the new State Housing Law.

The goal is to facilitate the enjoyment of a home or room for rent for all young people, between 18 and 35 years old, with limited financial means, through direct assistance to tenants.

What is the Young Rent 250 euros about?

The main features of this benefit are:

List:

Available for young people aged 18 to 35 years old;

– Intended for any Spanish citizen or other European or third-country citizens who can prove their legal residence in Spain;

The assistance is up to a maximum of 250 euros per month and is available for rents that do not exceed 600€ per month;

– The benefit is exclusive for the payment of house rent: it is necessary to present a legal lease agreement for the house or a legalized room rental agreement.

The monthly rent cost should not exceed 600 euros.

– The loan is granted for a maximum period of 2 years: this means that the total maximum amount is 6,000 euros, which will be distributed over 24 monthly installments of 250 euros each;

Regular source of income verification is required, which must be less than 3 times the IPREM, that is, 23,725 euros annually or 1,979 euros per month in 12 monthly payments.

– It can be supplemented with other government assistance or benefits;

– It can be used for individual or shared rental: an income source must be available, including that of people who have their habitual and permanent domicile in said home, whether or not they are listed as the holders of the lease contract and their income is equal to or less than 3 times the IPREM;

In cases where 2 young people live together, their income can be equal to or less than 4 times the IPREM.

When 3 or more young people live together, the income can be equal to or less than 5 times the IPREM.

Where and how do I apply for the Young Rental Bonus of 250 euros?

The application for this benefit could help many young people who want to become independent while they work, study, and prepare for a well-established adult life.

For the national government, there are some important requirements to grant the benefit to these young people, and once the calls are open in each city, it is important that the interested party pay attention and complete all forms and follow the instructions of the desired location.

Therefore, we emphasize that, although the help comes from the National Government of Spain, it is the Autonomous Communities that have control and management of the process, meaning they are the ones who approve and make the payments.

All the essential information for you to be able to obtain the 250 euros bonus for your rent will be available on the official websites of the following communities:

– Begin rewriting:

• The region of Andalusia

Region of Aragon

– Asturias

Balearic Islands

Canary Islands

• Region in northern Spain

– Castile and León

• Castile and Leon

Stain

• Catalonia

– Ceuta

• Valencian Community

– Region of Extremadura –

• Region in Northern Spain
• Capital city of Spain
• City of Melilla

Murcia

• Region in northern Spain

Basque Country

• Region in Spain famous for its wine production

Therefore, if you are interested in applying for this benefit, we guide you to follow the instructions provided by each of these communities, emphasizing the importance of staying informed about the publications on their official websites.

In this way, so that you can know how to do it and to learn more details about all the main requirements and have access to all the information and application links of each autonomous community, we provide you with a guide. Click the button below to view it.

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