The Home Buyers Recission Period

Buying a home is one of life's biggest decisions. Sometimes a little extra time is needed to make sure you made the right choice. Here's what you need to know about the Home Buyer Recission period
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Property Transfer Tax

Property transfer tax is a provincial tax payable when someone purchases or gains interest in a property in BC. Here what you'll need to know
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GST (BC)

The Goods and Services Tax (GST) applies to various real estate transactions in British Columbia. Here's a detailed breakdown of when and how GST is applicable
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BC Empty Homes Tax

The Empty Homes Tax also known as the Vacancy Tax was introduced in 2017 to address housing affordability and availability challenges in Vancouver. Homeowners must submit an annual declaration to determine if their property is subject to the tax. Even if you live in your home, you must make a declaration every year.
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The Foreign Buyers Ban

The foreign buyer ban was made effective January 1, 2023, which prohibits the purchase of residential property on a federal level in Canada by foreign commercial enterprises and Non-Canadians.
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BC Foreign Buyer Tax

If you are a foreign national, foreign corporation, or taxable trustee, you are required to pay an additional property transfer tax on your share of the property in certain regions of British Columbia. This additional tax is 20% of the fair market value of your proportionate share.
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