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Foreign Buyer Transfer Tax

Recently reported was that the foreign buyer transfer tax will be slightly changed later on this week. International citizens with work permits who pay taxes in BC won't have to pay the foreign buyer surcharge. Further, foreign nationals who were hit with a 15% foreign buyer tax on the real estate, but then months later became Canadian citizens, could get a rebate. No further details from the government on this but as we do we will pass along the details.