Re:New Zealand Passes Law to Crack Down on Foreign Home Buyers
by alaxsxaq on Wednesday August 15, 2018 @02:06PM
(#17768288)
Vancouver Canada taxes foreign buyers 20% on top of the listing price and has a speculator tax of 0.5% (eventually 2%) tax on homes owned by people not paying provincial income taxes (primary residences and long-term rental properties are exempt). They also have a 1% annual tax on the assessed value of "empty homes".
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