How much it coast in Welcome Tax when you buy a house?

Published on August 19, 2020 by Micheline Di Barrat

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Here are the calculations to follow: 0,5 % for the first valuable slice not exceeding 50 000 $ 1 % for the valuable slice superior to 50 000 $, without exceeding 250 000 $ 1,5 % for the valuable slice superior to 250 000 $, without exceeding 500 000 $ 2 % for the valuable slice superior to 500 000 $, without exceeding 1 000 000 $ 2,5 % for the slice superior to 1 000 000 $ To give you a concrete example: Purchase 2 000 000.00$ (it only a example), municipal Value $750 000. Decently always to take the value the most raised between the purchase price and the municipal value, the example below will be made on 2 000 000.00$ 0,5 % for the first valuable slice not exceeding 50 000 $ = $250 1 % for the valuable slice superior to 50 000 $, without exceeding 250 000 $ $2000 1,5 % for the valuable slice superior to 250 000 $, without exceeding 500 000 $ $3750 2 % for the valuable slice superior to 500 000 $, without exceeding 1 000 000 $ = $10000 2,5 % for the slice superior to 1 000 000 $ = $25000 For a big 41 000.00$ total. If you have any question, please feel free to call us!