NM Property Tax – Disabled Veteran Full Exemption

About This Program

New Mexico provides a complete property tax exemption on the primary residence for veterans with a 100% service-connected VA disability rating. Starting in 2026, veterans with disability ratings below 100% will receive a proportional exemption matching their rating (e.g., 70% disabled = 70% property tax reduction). Surviving spouses may continue the exemption.

100% disabled veteran: full exemption saves the entire annual property tax bill. Partial ratings proportional starting 2026.

Key Details

• 100% service-connected disability rating required for full exemption
• Proportional exemption for <100% ratings begins January 2026
• Surviving spouses of qualifying veterans may continue the exemption
• Apply through NM Department of Veterans Services for Certificate of Eligibility
• NM DVS: 505-827-6300

How to Apply

Deadline: Apply through NM Department of Veterans Services