Benefits when buying an apartment: types of benefits, government assistance, tax calculation and legal advice

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Don't count on any concessions. After all, benefits when buying an apartment are available only to some people. Only the state will help them to buy housing. Who are we talking about, what are the conditions for obtaining benefits and where to apply, if they are still required? First things first.

Who can benefit

Only these categories of citizens have benefits for the purchase of housing. This is:

• young families;
• large families;
• young scientists;
• young teachers;
• young rural workers;
• servicemen.

Now it's worth understanding the conditions under which benefits are provided.

Young families

A young family is understood as people who have entered into a marriage union and none of the spouses is older than 35 years. Under the program, families without children can receive a subsidy of thirty percent ofamount of housing. If there are children in the family (single mothers, single fathers are also considered), then the subsidy increases to thirty-five percent. But there are nuances:

1. At least one spouse must have Russian citizenship.
2. There must be documentary evidence that the spouses do not own housing.
3. The couple must have a marriage certificate in their hands.
4. Spouses must verify income. It must be official and allow you to get a mortgage.

The subsidy is calculated as follows:

• for childless families or single-parent families, 42 square meters is considered the norm for life;
• for families with children, the norm is eighteen square meters per person.

Further, the prescribed number of square meters is multiplied with the average price for the region and thirty or thirty-five percent are calculated from the resulting result.

Do not forget that the benefits for buying an apartment for young families differ in their conditions. For example, in Moscow, spouses can participate in the program only if one person has lived in the city for at least ten years. For this reason, it is necessary to clarify the conditions in each specific region.

A package of documents is submitted to the bank for a mortgage after a certificate for payment has been received. It has its own expiration date. It is equal to nine months. You also need to remember that you can receive state assistance only once in a lifetime.

As in any program, funds are distributed in turn. Families with many children or those inwho have children with disabilities. Couples without children can expect to receive benefits when buying an apartment as a last resort.

Large families

After the birth or adoption of a third child, the family is considered to have many children. For these families, the law "On State Support for Large Families" applies. This law allows families to take out a mortgage without a down payment for a period of thirty years. But that's not all. The seventy-five percent monthly mortgage payment will be paid by the state. In the event of the birth of a fourth child, the loan is forgiven.

But benefits for large families when buying an apartment are issued on certain conditions:

• family must need housing;
• the area of the purchased housing must comply with the norm;
• documentary evidence is required that the family is low-income.

There is another option for receiving money under this program when buying an apartment. You can get a housing certificate that allows you to pay 90% of the housing. With this money, it is already possible to build housing or buy it, regardless of the number of meters per person.

This program also has a queue and a waiting period of about a year.

Some regions put forward additional conditions for receiving state aid. For example, a family must be registered no later than 2005.

Young scientists

If children and family are somewhere in the future, and all free time is occupied by science, then you can also count on help in buying an apartment. Of course, the benefits for buying an apartment for a young family are much larger, butand scientists the state helps.

A PhD who has not yet crossed the thirty-five-year milestone, and a PhD who has not reached the age of forty, may well count on benefits. In addition to a scientific title, it is also necessary to have work experience in an organization engaged in science. The minimum term is five years. It would seem that everything, but it is not. The immediate employer of the young scientist must confirm that the latter needs housing. If the scientist has property, then he will have to forget about the subsidy.

The amount of the payment is calculated from the average price of housing in the real estate market of the region where the scientist works. The price of thirty-three square meters is calculated from the full cost and assistance is paid.

Lists of applicants for a subsidy are first approved by the Academy of Sciences, after which applications are considered by the Ministry of Regional Development until January 20 annually. If the state decides to help a young scientist, he is awarded a certificate that is valid for two months. During this period, you must apply for a mortgage in any accredited bank.

Who issues certificates:

1. Russian Scientific Academy.
2. Far Eastern Branch of the Academy of Sciences.
3. Siberian Branch of the Academy of Sciences.
4. Ural Branch of the Academy of Sciences.
5. Russian Academy of Medical Sciences.

An important point is that after receiving state aid, a young scientist must work in the same place for another five years. Upon dismissal under the article, the entire amount of the subsidy is returned.

Young teachers

Another category of those who can count on the state. The conditions for obtaining are similar to the benefits when buying an apartment for a young family. The teacher must not be older than thirty-five years of age, he must be in need of better housing. In addition, the teacher must also have at least three years of work experience in a public school. Only if all conditions are met, you can receive a subsidy for the initial mortgage payment. It will not exceed twenty percent of the price of housing.

The program will only be available if the region has subsidized mortgages that do not rise above nine percent.

Young rural workers

People who have not reached the age of thirty-five and consciously go to work in the villages can count on this help. What kind of benefits for buying an apartment for a young family are provided by the state, the workers of the village will receive the same money, only on slightly different conditions.

First of all, you need a signed employment contract for a period of at least five years. If all conditions are met, then the employee can receive up to thirty percent of the market price of real estate. But in case of non-compliance with the employment contract and dismissal, the money is returned back.

Military personnel

This category of citizens has special conditions. What benefits do they have when buying an apartment? The first thing to note is that the amount of assistance depends on the period they serve.

Apply for a subsidy can:

1. Soldiers who signed a contractuntil January 1, 1998, or their families, but the need to improve housing must be documented. This does not include cadets of the military or any other educational institutions.
2. Soldiers who retired were dismissed for he alth reasons or made redundant. Their term of service at the time of dismissal should not be less than ten years. A former military family is also eligible to apply for housing improvement.
3. Military personnel with at least twenty years of service and living in the service quarters.
4. Dismissed after ten years due to he alth conditions, retirement or reduction of military personnel who live in the service area.

Subsidy certificate can be used with other government assistance.

Retirement Benefits

There are also benefits for pensioners when buying an apartment. What are they? This is a tax return. But for the two categories there is a different system of actions.

Working pensioners receive tax benefits, like other working citizens. What does it mean? Working pensioners, along with other working citizens, pay thirteen percent of their wages to the state. Any person who has bought a living space can return up to a quarter of a million rubles. This means that pensioners who have not stopped working can exercise this right already in the first year after buying a home. But such benefits for pensioners when buying an apartment will be available only in the case of official work.

Non-working pensioners receive only a pension, from which no tax is deducted. For this reason, until 2012, these people could not claim compensation. But after the twelfth year, everything changed. Now non-working pensioners can also receive personal income tax benefits when buying an apartment.

Thus, a non-working pensioner can receive a benefit no earlier than in the last three years of payments from the date of purchase of housing. But a pensioner will be able to receive this payment only if he had some official income for the entire period of payments. For example, if an employee applied for a pension at the end of 2013, and bought real estate in 2014, then he can receive a deduction for the thirteenth, twelfth and eleventh years. If the retirement was earlier than 2012, then the income tax relief when buying an apartment will be paid only for the eleventh and twelfth years.

All these payments have a name - the transfer of the balance of unused benefits to another time. When a pensioner stops receiving official income not from the beginning of the year, he can only receive payments for that year.

How to get income tax breaks

To get income relief when buying an apartment, you need to do the following:

1. You need to transfer to the tax office, which is located at the place of residence, a 3-personal income tax certificate. It must indicate all sources of income, tax paid and the price of housing. Together with the certificate, it is necessary to provide an application in the accepted form, a photocopy of the passport, documents for housing confirming ownership, a certificate of income2-personal income tax for the period of using the benefit.
2. In the tax service, the documents are carefully checked for several months. If everything is in order, then the tax office transfers the declared amount to the current account.
3. If any inaccuracies or incorrect data are found, an official request is made for more detailed information or a package of documents.

Disability Benefits

Benefits for the purchase of an apartment by a disabled person are provided if a person was registered before 2005. Subsidies are provided by local authorities out of turn. If a disabled person was registered after 2005, then he will wait in line for the benefit.

Material assistance is provided to people who have problems with housing. Who belongs to this category:

1. People living in emergency houses.
2. Those whose standard of living space is less than the established one.
3. Living with contagious patients.
4. People who live in adjacent areas and are not relatives.
5. Those who rent public housing for a long time.

Only certain diseases allow you to get housing out of turn. Financial assistance is calculated as 18 square meters per person. The price of the area, which is due to a disabled person, is calculated from the average market price. Relatives of disabled people do not have the right to a separate living space. If there is more than one disabled person in the family, then the appropriate subsidy is given to everyone.

Benefits for children with disabilities

Unlike the income tax credits for buying an apartment, the child benefits aredisabled people are registered in the Housing Code of our country. Families with disabled children receive housing first. When the required meters are calculated, all family members are taken into account.

According to the law, a disabled child must have a separate room, which is not considered extra space. Also, such families have the right to receive land for the construction of a private house.

In 2014, the category of disabled since childhood was canceled, it was replaced with a disabled child for those under eighteen, and a disabled for adults. Those children who were included in the category of disabled from childhood until 2014 enjoy the same rights as children with disabilities.

Extra Benefits

In addition to tax benefits when buying an apartment, benefits for state employees or young families, there are also subsidies that you can get. These include:

1. Maternity capital. You can buy a home or pay off an existing mortgage for maternity capital. It is a little less than half a million rubles and is provided for the birth of a second child. If the family decided to pay off the mortgage loan with the help of maternity capital, then they do not need to wait for the youngest child to be three years old. It is important to remember that you cannot buy a land plot with maternity capital, but you can build a house at the expense of maternity capital. And you don't have to use the whole amount. Anything left in the account will be kept there until needed.
2. Benefits for combatants. All those who have been in war or in hot spots can get a free apartment. It concernsand close relatives of the dead, disabled and veterans of the Great Patriotic War. The availability of other real estate and financial status does not affect the receipt of housing. But here there is a caveat: in order to get free housing out of turn, you must register no later than January 1, 2005.

Nuances of benefits

Each state program has its own nuances. So, for example, benefits when buying an apartment on a mortgage can be obtained only if the housing costs no more than two million rubles. In some regions, it rises to three million rubles. The benefit can be obtained only after the full package of documents confirming the ownership of housing is provided.

What documents do you need?

Whatever the benefits when buying an apartment, it is important to collect the documents correctly. Standard package includes:

1. Passports, birth certificates or other documents that prove identity. Copies and original documents of each family member must be provided.
2. Photocopies of work books with stamps of each family member.
3. Documents that confirm the right to receive benefits, disability, stay in hot spots.
4. Certificate from the place of registration for the last five years.
5. Marriage or divorce certificate. For single parents, a document confirming their status.
6. Documents that will be required additionally.

Where to go?

With all collected documentsA person needs to go to the district administration. The administration checks the documents and put them in the queue for registration. Then the person writes an application to receive material support from the state for the purchase of housing. When the turn for a subsidy approaches, the administration will issue a certificate of receipt of financial assistance from the state to a personal account. After the assistance is provided, the recipient has six months to purchase housing, otherwise the money will have to be returned.