Knowledge, Integrity, Humour

Property Transfer Tax In BC

All you need to know about Property Transfer Tax in B.C.

https://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax

 

Additional Property Transfer Tax for Deemed Foreign Nationals:

https://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax/additional-property-transfer-tax

If the property transfer is registered on or after February 21, 2018 and is within the following areas, the tax amount is 20% of the fair market value of your proportionate share:

The additional property transfer tax doesn’t apply to properties located on Tsawwassen First Nation lands.

 

Canadian first time Buyers may qualify for an exemption:

https://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax/exemptions/first-time-home-buyers