As of May 1, 2023, here are some changes to the exemptions:
1. Legacy Exemption:
an owner, tenant or occupant with a legacy exemption can have their spouse, partner, or children (including adult children) live with them at any time after the age-restriction bylaw is passed, even if they do not not meet the age criteria.
Here are the 4 key amendments to Canada's Foreign Buyers Ban.
Enable more work permit holders to purchase a home to live in while working in Canada.
Those who hold a work permit or are authorized to work in Canada under the Immigration and Refugee Protection Regulations are now eligible to purchase residential property if they have 183 days or more o...
If you are a homeowner in the Province of British Columbia, you have to declare your BC Speculation & Vacancy tax exemption by the March 31, 2023 deadline. All owners on title must each make a separate declaration.
Do this online via gov.bc.ca/spectax.
The tax expanded in January to more communities experiencing housing shortages, including North Cow...