Keyword
foreign buyers
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B.C. unveils housing plan that raises foreign buyers levy and taxes speculators
British Columbia is raising its foreign buyers tax and expanding it to areas outside of Vancouver, while bringing in a new tax on speculators, as part of a sweeping plan to improve affordability in the province’s overheated housing market. The…
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B.C. premier rejects Green call for foreign buyers ban days before Asia visit
Premier John Horgan says he has plans to tone down speculation in British Columbia’s real estate market but they don’t include banning foreign buyers. Horgan said Tuesday he rejects recent calls by Green party Leader Andrew Weaver to implement a…
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Foreign buyer home purchases declining in Ontario region covered by non resident tax
Foreign buyer home purchases are declining in a region of Ontario covered by a non-resident tax, according to provincial government figures released Wednesday. People who aren’t citizens or permanent residents, as well as foreign corporations, accounted for 1.9 per cent…
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Number of foreign homebuyers up slightly in Metro Vancouver
The latest property transfer data released by the British Columbia government shows the percentage of sales involving foreign nationals in Metro Vancouver inched up between April and September. The data shows five per cent of the 6,105 property transfers in…
