1. BC PTT Exemption (First-Time Home Buyer)

Estimated Purchase Price ($)

I am a Canadian Citizen or Permanent Resident. I have lived in BC for 12 consecutive months before the registration date, OR filed BC taxes for at least 2 of the last 6 years. I have never owned residential property anywhere in the world.

🔗 Check BC Official Guidelines

2. BC PTT Exemption (Newly Built)

Estimated Purchase Price ($)

I am a Canadian Citizen or Permanent Resident. The property is located in BC and will be used as my Principal Residence. The home is newly built and has never been occupied.

🔗 Check BC Newly Built Guidelines

3. New Housing GST Rebate

Estimated Purchase Price ($)

I am a Canadian Citizen or Permanent Resident. I am a first-time home buyer (neither I nor my spouse owned a principal residence in the past 4 years). I signed the purchase agreement with the builder on or after March 20, 2025, and before 2031. I am purchasing or substantially renovating a new home to use as my principal residence.

* Note: Detailed eligibility and exceptions must be verified via the government link below.

🔗 Check CRA Federal GST Rebate

4. 25% Premium Refund

Eco Plus (CMHC, Sagen, etc.)

My down payment is under 20% and I am obtaining default mortgage insurance. The home is newly built with specific energy efficiency certifications (e.g., LEED), OR I plan to make energy-efficient upgrades after purchasing.

🔗 CMHC Eco Plus Guidelines 🔗 Sagen Energy-Efficient Housing 🔗 Canada Guaranty Energy-Efficient

5. FHSA Eligibility

First Home Savings Account

I am a BC resident and at least 19 years old. (18 or age of majority in other provinces). I have not owned a principal residence in the year the account is opened or the preceding 4 calendar years. (If applicable) I have not lived in a home owned by my spouse/common-law partner during the same period.

🔗 Check CRA FHSA Requirements

6. RRSP HBP (Up to $60K)

Home Buyers' Plan Conditions

I am considered a first-time home buyer (have not owned and occupied a home in the current year or preceding 4 years). I have a written agreement to buy or build a qualifying home. I intend to occupy the home as my principal residence within 1 year after buying/building it. The funds I plan to withdraw have been in my RRSP for at least 90 days.

🔗 Check CRA RRSP HBP Rules

Government Benefit Eligibility

1. BC PTT Exemption (First-Time Home Buyer)

2. BC PTT Exemption (Newly Built)

3. New Housing GST Rebate

4. 25% Premium Refund

5. FHSA Eligibility

6. RRSP HBP (Up to $60K)

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