Deed Transfer Tax

Nova Scotia Non-Resident Deed Transfer Tax: What You Need to Know

If you’re thinking about buying property in Nova Scotia and aren’t a resident, there’s an important tax to be aware of: the Non-Resident Deed Transfer Tax. This tax is designed to help manage housing affordability and ensure non-resident buyers contribute fairly when purchasing property in the province.

How It Works

As of April 1, 2025, non-residents buying residential property in Nova Scotia with three units or less must pay 10% of the purchase price as a deed transfer tax. This is in addition to the standard provincial deed transfer tax that all buyers pay. The tax applies whether you’re a Canadian living outside Nova Scotia or an international buyer.

Who Is Considered a Non-Resident?

For tax purposes, a non-resident is anyone who does not live in Nova Scotia for a significant portion of the year or does not have primary ties to the province. This includes both international buyers and Canadians who reside elsewhere.

Why It Matters

The 10% tax can significantly affect affordability, so non-resident buyers need to factor it into their budgets before making an offer. It’s also important for planning financing, as mortgage lenders often require proof that you can cover all taxes and fees.

Exceptions & Considerations

Properties with four or more units, commercial properties, or land zoned for development may not fall under this tax. Always consult with a real estate lawyer or tax professional to confirm how the rules apply to your specific situation.

The Non-Resident Deed Transfer Tax is an important part of buying property in Nova Scotia for non-residents. Knowing the rules ahead of time ensures you can plan your purchase wisely and avoid surprises at closing.