The third chapter of the Constitution establishes the rights of persons and groups of priority care, including the elderly (over 65).

“Art. 37.- The state will guarantee the following rights to the elderly: (…) 5. Exemptions in the tax system,” reads the Constitution.

The Tax Administration (SRI) defines tax spending as a collection sacrifice made by the government in incentives and reliefs, which are applied to certain taxpayers in order to support the achievement of economic and tax policy objectives.

It is clarified that tax reliefs are “legal measures that imply the exemption or reduction of the tax that is paid, and whose purpose is to enable a more favorable treatment for certain taxpayers or consumers. This positive discrimination is based on reasons of public interest, equality and social justice”.

Thus, three tax benefits have been established for the elderly:

The highest monthly value set for 2023 is $108. Basic goods and services are considered to be: clothing, housing, health, food, education, communication, culture, sports, transportation and mobility.

Steps for a virtual VAT refund request:

Other benefits that elderly people have are exemption from paying for procedures at public notaries and land registers, according to Article 37 of the Constitution; as well as municipal fees for those persons who receive a maximum of five basic salaries and who do not have more than 500 basic salaries in their inheritance or property.