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V2960-17 ·16 November 2017 ·consulta-vinculante Medium impact
Tax

Exemption on the transfer of principal residence for those over 65 or persons with dependency status

An inquirer asks whether their 91-year-old mother, who has severe dependency status, can apply for the Personal Income Tax (IRPF) exemption upon selling her home after moving to a care home. The Directorate General for Taxes (DGT) confirms that the exemption applies provided the requirements for a principal residence are met.

In 5 key points

How it affects those involved

This ruling clarifies the tax benefits available to elderly or dependent individuals when selling their primary residence to relocate to assisted living or care facilities.

Lifecycle

2017-11-16PublishedPublished 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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