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V1657-20 28 May 2020 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Sale of habitual home by those over 65 may be exempt from income tax, even if abroad

A European Commission officer resident in Spain asks whether the sale of his home in Belgium is exempt due to his age over 65. The DGT states that the exemption applies if the property was habitual at the time of sale or in the two years prior.

The question raised

Whether the capital gain derived from the sale of the apartment in Belgium would be exempt from taxation as it constitutes their primary residence and they have already reached the age of 65.

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