Avoid BC's Speculation and Vacancy Tax by buying on the Sunshine Coast.
Market Minute - January 2020
In addition to its proximity to Vancouver and its staggering natural beauty, the Sunshine Coast benefits from being exempt from a number of provincial and even municipal real estate taxes.
By buying a second home, a vacation home, or an investment property on the Sunshine Coast instead of in the Lower Mainland, you'll avoid BC's Speculation and Vacancy Tax and its foreign buyer's tax. Buying here as opposed to the City of Vancouver means escaping its Empty Homes Tax.
Visit my website and watch my 60-second market update for links to government resources that explain the discussed taxes in greater detail.
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