Land Transfer Tax Calculator

BC has a General Property Transfer Tax that applies to the purchase price of a property. The general property transfer tax rate is

• 1% of the fair market value up to and including $200,000
• 2% of the fair market value greater than $200,000 up to and including $2,000,000
• 3% of the fair market value greater than $2,000,000

A further 2% tax is applied on properties with a fair market value greater than $3,000,000. 

Foreign nationals must also pay an Additional Property Transfer Tax on the fair market value of the residential portion of the property within specified areas of BC. If the property falls within the following areas, a 20% tax rate on the fair market value will apply:

• Capital Regional District
• Fraser Valley Regional District
• Metro Vancouver Regional District
• Regional District of Central Okanagan
• Regional District of Nanaimo