By the end of June, several specific housing tax incentives will no longer apply in Luxembourg.<\/p>\n
Introduced on a temporary basis in 2024 to revive a struggling property market, the incentives were extended until 30 June 2025. After this date, they will no longer be available to residents. However, they will be able to benefit from a grace period.<\/p>\n
To counter a \u2018significant influx of applications\u2019 between now and the end of the month, the Minister of Finance has added a degree of flexibility: the deadline will remain in place, but purchasers will only need to register either a signed preliminary sale agreement or a signed reservation contract for a sale in the future state of completion with the Registration, Domains and VAT Administration (AED) by that date at the latest.<\/p>\n
The purchase must then be formalised by a notarised deed signed between 1 July 2025 and 30 September 2025.<\/p>\n
This deadline will allow banks and notaries to process the many requests from buyers who wish to benefit from one of the following tax advantages:<\/p>\n
Finally, please note that the \u2018B\u00ebllegen Akt\u2019 tax credit for the purchase of a home for personal use is not affected by the law proposed by Gilles Roth’s ministry. It will remain at 40,000 euros beyond the 30 June 2025 deadline.<\/p>\n
Source: RTL INFO<\/p>\n