Purchase Tax Discount
Reduced tax payment to the real estate taxation office for the purchase of an apartment or a plot for residence
What can you receive?
If you purchased an apartment or purchased a plot to build a house for your residence, you may be eligible for a reduced purchase tax. The discount is provided by the Ministry of Finance - Income Tax and Real Estate Taxation Department.
You can use the eligibility up to two years from the date of purchasing the plot and in accordance with the Purchase Tax Regulations. The discount will be granted up to twice in a lifetime.
The Department of Families provides the certificate of recognition as a bereaved family for the purpose of the discount, but the review regarding the eligibility and the discount is done by the real estate taxation office.
For your attentionThe eligibility for orphans recognized before the age of 21 can be utilized until the age of 50.
How to apply?
To enable us to process your application, please log in to your account and submit an application for recognition certificate for the purpose of a purchase tax discount.
What happens after you apply?
The recognition certificate will be provided by the department within 7 business days from the date of the application. The approval must be submitted to the Real Estate Taxation Department.
The response regarding the purchase tax discount will be provided in accordance with the procedures and timelines of the land registry office.
