Real Estate Solutions
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Divorce: Changing Address Causes Loss of Capital Gains Exemption
Divorce brings with it several changes in the lives of the ex-spouses, with the issue of tax address and the impact on the sale of the family property being one of the most sensitive and relevant topics. In Portugal, the legislation provides tax benefits for those who sell their own and permanent residence, namely the exemption from capital gains in terms of IRS, provided that the value of the sale is reinvested in the acquisition of a new home for habitual residence. However, after a divorce, the change of address may dictate the loss of this benefit, even if the former spouse continues to bear financial burdens related to the property.Know more -
Selling a House: what are the costs and expenses to pay
Selling a house seems simple, but it actually entails some costs and taxes in Portugal that you should know in detail.Know more -
Credit Intermediation
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Real estate capital gains with new rules for sale
We would like to point out straight away that this legislative change does not have retroactive effects, so in 2024 two tax regimes will come into force simultaneously. One for consumers who sell their permanent home by 10 September and another for those who sell after that date.Know more -
Income support and IMT exemption: Marcelo promulgates diplomas
Decisions were released through two notes on the website of the Presidency of the Republic, without commenting on the diplomas.Know more -
Only 20 municipalities have extended the IMI exemption to five years. See if it's your municipality
Measure, included in Mais Habitação by proposal of the PAN, allows owners of their own and permanent housing, acquired between 2020 and 2022, to go two more years without paying the tax.Know more
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