British Columbia authorities target property investors

Discussion in 'North America Real Estate' started by Nicholas Wallwork, Sep 13, 2016.

  1. 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

    [​IMG] Click to Read The Full Story and Add your Own Comments to Continue reading...
     
  2. Longterminvestor

    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.
     
  3. nmb

    nmb Well-Known Member

    Will this impact long-term foreign investment in Canadian real estate? Unlikely.
     
Loading...

Share This Page