There is a lot of confusion around the new proposed Speculation Tax and the amendment to the current Non-Resident Tax.
- The Non-Resident Tax of 20% on all real estate purchases for Non-Residents of Canada does not apply to Whistler, B.C.
- The new Speculation Tax proposed by the NDP Government, at this time, does not apply to Whistler, B.C.
- With all of the surrounding confusion and uncertainty in the market, we may see an influx of properties hit the market from Non-Res owners in Whistler.
If you are thinking about selling your property in Whistler, B.C., there has never been a better time! Call me and let’s get started.
Sutton Group – West Coast Realty