Amendments to the First Time Buyers Scheme

Amendments to the First Time Buyers Scheme

My idea is to reform this scheme by first changing the requirements of eligibility. The fact that those who, by an inter vivos transfer, own a share of a property, a garage or a grave, do not qualify to such a benefit is considered to be a disadvantage and a lot of people are being excluded because of such situations. Moreover, first time buyers should pay tax after an exemption of €200,000 to reflect the increase in the price of property especially with regard to residential homes.


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