British Columbia authorities target property investors

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
The Canadian property market has been under the spotlight for some time now as prices continue to move higher amid unprecedented investment from overseas investors. The authorities have confiscated undeclared cash from an array of foreign investors and many expect a tightening of regulations in the short term. This is not the first time that

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Longterminvestor

Administrator
Very often regulations aimed at reducing alleged tax evasion/avoidance can impact those innocent of these actions while the more experienced/savvy investor will always find a way around such regulations - or simply move to another market where regulations are not so strict.
 
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nmb

Well-Known Member
Will this impact long-term foreign investment in Canadian real estate? Unlikely.
 
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