{"id":29749,"date":"2016-10-13T10:09:32","date_gmt":"2016-10-13T03:09:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadas-foreign-real-estate-buyers-tax-wont-be-a-long-term-deterrent\/"},"modified":"2016-10-13T10:18:36","modified_gmt":"2016-10-13T03:18:36","slug":"canadas-foreign-real-estate-buyers-tax-wont-be-a-long-term-deterrent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadas-foreign-real-estate-buyers-tax-wont-be-a-long-term-deterrent\/","title":{"rendered":"Canada\u2019s foreign real estate buyers tax won\u2019t be a long term deterrent"},"content":{"rendered":"


\nBy Emma Crawford Hampel
\nThe 15 per cent tax on foreign real estate buyers enacted this summer has dampened foreign interest and will continue to do so in the short term, but Vancouver will remain attractive to investors from other countries, according to an RBC Economics report released.
\nThe report said once the initial shock from the tax has run its course, the city will continue to attract wealthy individuals, particularly from China, \u201cgiven the strong connection already established….
\n
\nSource : South China Morning Post
\nRead more…Canada\u2019s foreign real estate buyers tax won\u2019t be a long term deterrent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Emma Crawford Hampel The 15 per cent tax on foreign real estate buyers enacted...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-29749","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7JP","jetpack-related-posts":[{"id":80579,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vancouvers-hot-property-market-gets-tougher-for-wealthy-chinese-as-foreign-buyer-tax-is-raised-to-20pc\/","url_meta":{"origin":29749,"position":0},"title":"Vancouver\u2019s hot property market gets tougher for wealthy Chinese as foreign buyer tax is raised to 20pc","date":"February 21, 2018","format":false,"excerpt":"\r Vancouver, one of the hottest housing markets in North America, is getting a little tougher for wealthy Chinese buyers. British Columbia Finance Minister Carole James announced measures targeting foreign buyers and speculators in the first budget since her government was elected on a pledge to make housing more affordable\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-on-foreign-buyers-sends-uk-real-estate-stocks-tumbling\/","url_meta":{"origin":29749,"position":1},"title":"Tax on foreign buyers sends UK real estate stocks tumbling","date":"October 1, 2018","format":false,"excerpt":"\r The housing policy was announced at the ruling Conservative Party's annual conference.\r \r Source : cnbc.com\r Read more...Tax on foreign buyers sends UK real estate stocks tumbling","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toronto-to-introduce-15-per-cent-foreign-buyer-tax-in-bid-to-calm-red-hot-housing-market\/","url_meta":{"origin":29749,"position":2},"title":"Toronto to introduce 15 per cent foreign-buyer tax in bid to calm red-hot housing market","date":"April 21, 2017","format":false,"excerpt":"\r Foreign nationals who don\u2019t live in Canada\u2019s biggest city and its surrounding communities will pay an additional 15 percent tax on home purchases under legislation proposed by the government of Ontario province. Ontario Premier Kathleen Wynne made the announcement Thursday in an effort to cool a hot housing market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-australia-relations-tax-rebates-entreaties-by-australian-states-fall-on-deaf-ears-as-chinese-home-buyers-await-a-thaw-in-ties\/","url_meta":{"origin":29749,"position":3},"title":"China-Australia relations: tax rebates, entreaties by Australian states fall on deaf ears as Chinese home buyers await a thaw in ties","date":"January 9, 2021","format":false,"excerpt":"\r Chinese homebuyers, the fifth-biggest group of foreign investors in Australian property in 2019 before relations went into a deep freeze, are turning their backs on the tax rebates and other entreaties offered to lure them back, as they stay on the sidelines to await for a thaw in bilateral\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21797,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/british-columbia-slaps-property-tax-on-foreign-buyers\/","url_meta":{"origin":29749,"position":4},"title":"British Columbia slaps property tax on foreign buyers","date":"August 3, 2016","format":false,"excerpt":"\r Foreign nationals buying Vancouver real estate will pay an additional property transfer tax of 15 per cent as part of an effort to address high real estate prices and low vacancy rates.The tax which took effect yesterday will apply...\r \r Source : nzherald.co.nz\/Property\r Read more...British Columbia slaps property tax\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10560,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/taipei-rising-will-new-tax-reforms-signal-a-real-estate-comeback\/","url_meta":{"origin":29749,"position":5},"title":"Taipei rising: will new tax reforms signal a real estate comeback?","date":"April 12, 2016","format":false,"excerpt":"\r Unchecked speculation, low supply and a tradition of homeownership have forced property prices in Taipei skywards There\u2019s a popular saying in Taiwan, which roughly translates as \u2018whoever has land has money\u2019. That\u2019s certainly true on the battlefield that is the Taipei housing market. House prices have skyrocketed in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29749"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=29749"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/29749\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=29749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=29749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=29749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}