BC Speculation Tax Requires You To Do Your Paperwork

Over 99% of British Columbians are estimated to be exempt from the tax. However, to claim your exemption, you must register your property by March 31, 2019 – and it’s easy to do, either by phone or online. The information you’ll need to register your property declaration will be mailed by mid-February to all owners of residential property within the taxable regions.

This map shows the areas in BC that are affected by the new tax and this is different than the empty homes tax in the city of Vancouver.

Please note that if your property has more than one owner, even if the other owner is your spouse, a separate declaration must be made for each owner.