Pursuits
Vancouver Eases Foreign Home Buyer Tax to Attract Tech Workers
- Canadian province exempts certain skilled workers from 15% tax
- British Columbia premier says tech sector needs immigrants
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British Columbia will exempt some immigrants from a 15 percent home buyers tax in a bid to ensure the Canadian province attracts skilled workers and entrepreneurs.
Foreign workers entering the country through a so-called Provincial Nominee Program won’t have to pay the real estate tax. The break will only apply to residents in the Vancouver area.