Possibility of applying reinvestment exemption when acquiring 50% ownership of a new habitual home

The consultant asks whether the reinvestment exemption can be applied when selling their habitual home and reinvesting the proceeds in 50% ownership of an existing property to be their new habitual home. The DGT responds that the exemption is possible provided the conditions for habitual residence and reinvestment periods are met.

The exemption may be applicable under specific conditions related to habitual residence and reinvestment timelines.