I need information about buying property in BC for US citizens

July 13, 2020 12:32 PM

Can you direct me to information about buying residential or commercial property in British Columbia for US citizens that is up to date? I know that the laws about that have changed recently because of a real estate bubble caused by foreign investment, and most information I've found online is dated.
posted by bq to Shopping (2 answers total)

This page has up-to-date info about what is often referred to as the "Foreign Buyer's Tax."
posted by unstrungharp at 12:43 PM on July 13, 2020 [1 favorite]

There's also the Vacancy Tax which is not trivial - something on the order of $10k on a $1m property . You could also look into buying in Point Roberts, which is U.S. territory in the Greater Vancouver area. PM if you want a realtor referral.
posted by dum spiro spero at 12:58 PM on July 13, 2020 [2 favorites]