Posted on 31 July 2023
Selling your primary residence in Luxembourg - Tips and tricks!
Sell your primary residence in Luxembourg with confidence. Discover our tips and tricks to optimize your sale!
Main residence: What are the conditions?
For your home to be considered your principal residence:
You must be occupying it at the time of sale
Meet one of the following three conditions:
- You have lived there since its acquisition or completion
- You have lived there for 5 years prior to the sale
- You are selling it for imperative family or professional reasons
Are capital gains taxed?
Good news: the capital gain realised on the sale of your principal residence is not taxable!
How do you declare the sale?
Simply complete the first page of form 700
For personalised support with your tax return, log on to taxx.lu!
