Nova Scotia Non-Resident Property Tax
Non-Resident Provincial Deed Transfer Tax
Click here for the Government of Nova Scotia webpage.
Q&A: New Provincial Taxes
Who do these taxes apply to?
These taxes apply to people who do not live in Nova Scotia but own or buy property here.
When are these taxes being implemented?
These taxes are being implemented today, April 1, 2022.
Are these taxes in addition to municipal taxes?
The provincial Deed Transfer Tax for Non-residents is not related to the municipal deed transfer tax. It is a separate, additional tax of 5 per cent.
The provincial Property Tax for Non-residents is not related to the property taxes levied by municipalities. It is an additional property tax of $2.00 per $100 of assessed value.
Are there exemptions to these taxes?
The Deed Transfer Tax for Non-residents will not apply to transactions where the Agreement of Purchase and Sale was entered into prior to April 1, 2022.
Non-resident purchasers who move to the province within 6 months of the closing date will be exempt.
The Nova Scotia Non-Resident Property Tax will not apply to residential properties that contain more than 3 units. It will not apply to residential properties that are leased to individual Nova Scotian residents for a period of at least 12 months. An exemption from this tax will be provided if 50 per cent or more of the owners are residents of Nova Scotia.
Do these taxes apply to vacant land?
Yes. These taxes apply to vacant land that is zoned residential.