B.C. government to impose a 15% additional Real Estate Tax on Foreign buyers

BREAKING REAL ESTATE NEWS: This week, the British Columbia government has announced that beginning Aug. 2nd there will be an additional 15%┬áland transfer tax on foreign national (personal or corporate) purchases of properties in Metro Vancouver.   Why is this significant to Toronto you ask?   This is HUGE, as the trickle down affects of … Continue reading B.C. government to impose a 15% additional Real Estate Tax on Foreign buyers