Quebec
Welcome Tax

About the Quebec Welcome Tax

The Welcome Tax (taxe de bienvenue), officially called property transfer duties (droits de mutation immobilières), is a municipal tax paid when purchasing property in Quebec. It is calculated on the higher of the purchase price or the municipal assessment.

Standard rates

Most Quebec municipalities apply three brackets: 0.5% on the first $62,900, 1% on the portion from $62,901 to $315,000, and 1.5% on the portion above $315,000. Thresholds are indexed annually.

Montreal rates

Montreal applies extended brackets with higher rates for more expensive properties. Rates range from 0.5% on the first $62,900 up to 4% on amounts above $3,113,000, with additional tiers at 2%, 2.5%, and 3.5% in between.

When is it paid?

The municipality sends a notice typically 3 to 6 months after the notarial deed is signed. Payment is usually due within 30 days of receiving the notice.