Your Penticton Real Estate Expert
Long Time Resident of Penticton, BC
Tammy Kozari was born and raised in Penticton, she became a Sales Associate and joined her mom as “Your Mother & Daughter Team” for Royal LePage Locations West in 2006.
Tammy demonstrates a strong work ethic and a very progressive attitude. Her quality of service and knowledge supports her outstanding reputation. Tammy is hardworking and is always looking out for her client’s best interests.
Buying Real Estate
The bottom line is that buying real estate in Canada is very easy. From a residency point of view, if you plan to stay in Canada for 6 months or less each year, the government considers you a non-resident, which means that you can still open a bank account and buy property, etc. If you plan to live in Canada for more than 6 months per year, you must apply for immigrant status.
Selling Real Estate
Selling your home can be a stressful experience but it doesn’t have to be.
When a non-resident sells Canadian real estate, he/she is required to pay the appropriate amount of taxes on any capital gain. The normal Canadian tax rates will be applied to 50% of the gain. However, a non-resident is required to pay an estimate of the tax before the sale, an amount equal to 25% of the gain.
