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Emmanuel Khoury

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The Quebec Welcome Tax: What It Is, How It's Calculated, and How Not to Be Surprised

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The Quebec Welcome Tax: What It Is, How It's Calculated, and How Not to Be Surprised

Most first-time buyers in Montreal are prepared for their down payment. They've budgeted for the notary, the inspection, the movers. And then, four to six months after they've settled into their new home, an envelope arrives from the city.

Inside: a bill for several thousand dollars.

This is the welcome tax — or in French, la taxe de bienvenue. Despite its hospitable name, it's one of the largest costs in any Quebec real estate transaction, and it's the one most buyers forget to plan for.

What Is the Welcome Tax?

The welcome tax, officially called droits de mutation immobilière, is a one-time municipal transfer tax collected by Quebec cities and municipalities whenever a property changes hands. It was introduced in 1976 under Bill 42, which people nicknamed the Bienvenue Law after the minister who introduced it — hence the name.

It's not negotiable, not avoidable (with a few narrow exceptions), and not covered by your mortgage. It's a cash obligation due within 30 days of receiving the municipality's invoice.

How Is It Calculated?

The tax is based on the greater of: the purchase price, the municipal assessment, or the agreed value of the transaction. In most cases, this means the purchase price.

The Montreal rate uses a sliding scale with thresholds updated periodically. For 2026, the rates are:

  • 0.5% on the first $58,900
  • 1.0% from $58,900 to $294,600
  • 1.5% from $294,600 to $552,300
  • 2.0% above $552,300

 

Examples: What You'd Owe

Purchase Price

Approximate Welcome Tax

Approx. Due Date

$350,000

~$3,900

4–6 months post-closing

$500,000

~$5,800

4–6 months post-closing

$650,000

~$8,100

4–6 months post-closing

$900,000

~$13,100

4–6 months post-closing

 

Are There Any Exemptions?

Yes — a few specific cases qualify for a reduced rate or full exemption. The most relevant for Montreal buyers:

  • Transfer between spouses or common-law partners (after 12 months of cohabitation)
  • Transfer to a direct blood relative for $1 or as a gift
  • Certain municipal housing programs for first-time buyers

 

Note: First-time buyer exemptions that exist in some provinces (like the Ontario LFTT rebate) do not apply in Quebec. There is no provincial rebate on the droits de mutation.

How to Plan for It

The simplest approach: calculate it before you make an offer. Most real estate calculators (including the one on my website) let you enter a purchase price and get an estimate instantly.

Once you have the number, set it aside in a separate savings account the day you sign at the notary. That way, when the invoice arrives 4 to 6 months later, it's not a surprise — it's already covered.

My rule of thumb for clients: budget the full welcome tax amount on top of your other closing costs, and treat it as part of your total purchase cost from day one.

Final Thought

The welcome tax isn't a reason not to buy — it's simply a cost to understand and plan for, like any other. The buyers who get caught off guard are the ones whose advisors didn't explain it clearly upfront.

That's the kind of detail I walk through with every client before they make an offer. If you have questions about the full cost of buying in Montreal — welcome tax included — let's talk.

Use the free welcome tax calculator → montreal.expquebec.com/en/welcome-tax-calculator

Or book a free consultation → calendly.com/emmanuelkhoury  514.813.6268