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V0966-24 ·6 May 2024 ·consulta-vinculante Medium impact
Tax

Exemption for principal residence does not apply if sale occurs more than two years after ceasing to reside there

An 89-year-old individual inquired whether they could claim an exemption on the sale of their home after moving into a nursing home. The Directorate General for Taxes (DGT) ruled that the exemption is not applicable because the sale took place outside the two-year period following the date the property ceased to be their principal residence.

In 5 key points

Lifecycle

2024-05-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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