2018 Vancouver Condo Beneficial Ownership Registry

February 22nd, 2018
Beneficial Ownership Registry.  In addition to requiring further beneficial ownership information to be disclosed on Property Transfer Tax filings, the Province is establishing a public registry recording beneficial ownership of land that will be administered by the Land Title Survey Authority. The Province will also be enacting legislation that will require corporations in British Columbia t ...

2018 Vancouver Condo Pre-Sale Assignment Registry

February 22nd, 2018
Pre-Sale Assignment Registry. The Province will require developers to collect and report comprehensive information about the assignment of pre-sale contracts. The government also indicated that collecting this information will allow government to develop new taxation models in the future.

2018 Vancouver Condo Foreign Buyers’ Tax Increase

February 22nd, 2018
Foreign Buyers’ Tax Increase.  Effective February 21, 2018, the foreign buyers’ tax (also known as the additional property transfer tax) has been increased from 15% to 20%.  This tax has also been extended outside of the Lower Mainland to include the Capital Regional District, the Fraser Valley, the Central Okanagan and the Nanaimo Regional District (though there will be a short grandfatherin ...

2018 Vancouver Condo Property Transfer Tax Increase on Residential

February 22nd, 2018
Property Transfer Tax Increase on Residential. Effective February 21, 2018, Property Transfer Tax on residential properties has been increased from 3% to 5% on the portion of the fair market value greater than $3,000,000.

2018 Speculation Tax for Vancouver Condos

February 22nd, 2018
New Speculation Tax.  In Fall of 2018, the Province will introduce a new speculation tax on residential property.  The tax will target foreign and domestic speculators who pay little or no income tax in British Columbia.  Primary residences and long term rentals will generally be exempted.  The tax will apply to the Metro Vancouver, Fraser Valley, Nanaimo and Capital Regional Districts, and K ...

#1706 1003 Burnaby Street, Vancouver, BC

February 13th, 2018

I just finished uploading this * Sub Penthouse * for sale, #1706 1003 Burnaby Street, Vancouver, BC