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Couple hit with B.C. vacancy tax despite living in home

Madison and Charlotte Becerra are considered foreign buyers and therefore not exempt

CBC NewsClaire Palmer

A Vancouver Island couple is worried about losing their home after being hit with an unexpected tax bill.

Madison and Charlotte Becerra have received letters from the B.C. government indicating that under the rules of the speculation and vacancy tax, they must pay $13,000 by July 1 on their home in Ladysmith, B.C.

The couple bought their detached home two years ago and live in it year-round, but because they are not Canadian citizens or permanent residents, they cannot apply for an exemption from…

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Read the full story on the CBC website

Couple hit with B.C. vacancy tax despite living in home

SOURCE www.cbc.ca

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https://nanaimo.lokol.me/s/couple-hit-with-bc-vacancy-tax-despite-living-in-home-91015-10073340
CBC NewsClaire Palmer, Posted: Feb 16, 2024 10:00 AM EST | Last Updated: February 18
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