Property Transfer Tax In BC

 

Beginning August 2, 2016 there is a 15% tax for foreign purchasers purchasing property in Greater Vancouver

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

 

For first time home buyers, who are Canadian citizens, landed immigrants or have a work permit,  may qualify for an exemption:

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