stylistic:style_transfer, stylistic:tone
British Columbia

In British Columbia the property transfer tax is equal to one percent tax on the first $200,000 of the purchase price, two percent on the remaining amount up to $2million and three percent on the rest. An additional 15% tax that applies only to non-resident foreign home buyers in Greater Vancouver started on 2 August 2016. Later in 2018 this was raised to 20%. The definition of foreign buyer includes international students and temporary foreign workers. Anti-avoidance measures include fines of $100,000 for individuals and $200,000 for corporations.