4 ms·

Wouldn't it have to be huge to make a difference? A large investment property would probably cost several tens of thousands of dollars in property tax per year

Wouldn't it have to be huge to make a difference? A large investment property would probably cost several tens of thousands of dollars in property tax per year? Not many residents probably pay that much income tax, what do you do with those?

ttul 7y ago
Residents pay local income tax and thus aren’t subject to the high property tax. This tax targets offshore residents, shell companies, etc.
- eps 7y ago
  What would prevent Chinese investors from temporarily assigning their Vancouver portfolio to some local proxies?