Selling your home
If you sell your home, the proceeds of the sale would normally be taken into account as means. If you are living in accommodation which no longer suits you or which you are no longer able to maintain, you may be able to sell your home and move to more suitable accommodation and have up to €190,500 of the proceeds of the sale excluded from the means test. This exemption of €190,500 applies if you sell your house in order to:
- Buy or rent more suitable alternative accommodation
- Move into a private nursing home which is registered under the Health (Nursing Homes) Act 1990
- Move in with a person who is getting a carer's payment to care for you
- Move to sheltered or special housing in the voluntary, co-operative, statutory or private sectors
Usually the first €190,500 of the sale proceeds is not taken into account. However, if you use the proceeds of the sale to buy more suitable accommodation, the balance of the proceeds
after buying the new accommodation is exempt up to a limit of €190,500.
The proceeds of the sale may be taken into account by the Health Service Executive (HSE) if your entitlement to a [broken link removed] is being assessed.