Starting next week (April 1, 2025), Nova Scotia will increase the Non-Resident Deed Transfer Tax from 5% to 10%. This tax applies to residential properties with three or fewer dwelling units purchased by individuals or corporations not residing in Nova Scotia – and yes, it also includes vacant land. Government’s Rationale The provincial … Read more
While there is a section on applicable taxes in the Buyer’s Guide: How to Buy Land in Nova Scotia, the topic is worth a deeper dive. That is particularly true due to the recent increase in capital gains inclusion rates that became effective across Canada in 2024. Deed Transfer Taxes The most common tax to … Read more
2023/2024 Tax Rates For All Nova Scotia Municipalities The various agencies of Nova Scotia do a commendable job of publishing information online for residents to access. The problem is, it’s often not presented well. We’ve waded through obscure apps, bizarre data viewers, and cumbersome data tables to find and surface what most people are looking … Read more
In the early months of each year, all Nova Scotia property owners will receive a mailing from Nova Scotia’s Property Valuation Services Corporation. This is your property assessment notice, and it directly influences the Nova Scotia property tax you will pay in the coming year. Let’s break it down. How do I ensure my … Read more
(Note: this post deals with the provincial deed transfer tax affecting foreign buyers. View this post for information on the repeal of restrictions for foreign buyers purchasing vacant land in the Federal Prohibition on the Purchase of Residential Property by Non-Canadians Act). For a full overview of all the types of taxes applicable for a land … Read more
Contents Who is this guide for? Why buy land? Why buy in Nova Scotia? Where to buy? How to buy Finding land Land listings Power tips for online listings Things you can’t see on a map Zoning bylaws Title issues Closing your purchase Private sales & seller financing Insurance on vacant land HST tax on … Read more
