Taxes & Closing Costs when Buying Real Estate in Victoria
Taxes:
Property Transfer Tax - LINK
GST ( only applicable on new purchases) - LINK
Foreign Buyer Tax - LINK
Speculation Tax / Vacancy Tax - LINK
Closing Costs:
Legal Fees
Inspection
Mortgage Associated Costs
Appraisal
Program For First Time Buyers:
Click on this link for some details LINK
Hi everyone, please find some costs associated with buying a home in Victoria, British Columbia. Some costs are minimal and some costs can be greater. It all depends on each purchase.
Please contact me and I can recommend some professional lawyers and accountants that may be able to assist you with your questions.
Thank you,
Shirin Purewal