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Incentives for Prospective Residents

 

 

 

 

Municipal Real Property Tax Rebate


Tax Incentive: Real Property Tax Rebate is available to the following category:

-constructing a new residential home valued at $50,000 or more.
-first time home owners placing a home on a new foundation for a total at a value of $50,000 or more.
-for each new apartment building on a said lot

This incentive became effective on January 1, 1996 and is based on the first assessment after occupancy. If developed property is sold before rebate period expires, the rebate agreement is cancelled on a closure date of sale.

Eligible applicants will receive a tax rebate on the municipal property tax according to the following table:

1st year     100%
2nd year      80%
3rd year      60%
4th year      40%
5th year      20%

Click here to view a printer friendly version of the application form. Applications can be returned Community of Tignish with the attached Real Property Tax Bill. For more information contact Karen Buote at 882-2600.

Please note that the Tax Incentive does not apply to Mini-Homes or Mobile Homes.