SAN JUAN, Puerto Rico — Homeowners in Puerto Rico can now sell their principal residence without paying income tax on the gain, after Governor Jenniffer González Colón signed Law 180-2025 on 19 December 2025.
The law began as House Bill 502 and amends Section 6060.05 of Puerto Rico’s Incentives Code (Act 60-2019). It took effect on signature and applies to tax years beginning after 31 December 2024, according to the published text. To qualify, the seller or their family must have lived in the home for at least two of the previous five years, and the property must not have been rented out during that period. Separate rules apply to inherited homes.
Holders of resident-investor decrees under Act 22-2012 or Act 60 are excluded. The measure was one of four tax laws the governor signed together (Laws 177 to 180 of 2025), while vetoing five other bills, NotiCel reported. Puerto Rico’s standard capital gains rate for residents is 10 per cent.
What it means
Analysis: Removing the tax on gains from selling a main home lowers the cost of moving for long-term local owners, which may bring more resale homes onto the market. The exclusion of Act 22 and Act 60 decree holders means the incentive is aimed at residents rather than the investors who have driven much of the island’s high-end demand.
Editor’s note: This article was added to the Jamaica Homes News archive on 30 September 2026. It reports events from December 2025 and is dated to when they were reported.
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