Property here in Victoria is beautiful, abundant and best of all, incredibly affordable when compared to other parts of the world.

There is no requirement in British Columbia that the purchaser of real property have any particular residency or citizenship. To occupy residential premises, the non-resident must comply with Immigration requirements. These vary depending upon the nationality of the Individual Involved. U.S. residents are relatively free to occupy residential premises In Canada on a temporary basis. You may wish to check with your nearest Canadian Consulate regarding any residency permits that may apply in the event of an extended stay In Canada. You may also wish to bear In mind the following information:

Property Taxes
Individual municipalities levy annual property taxes. The actual amount of tax payable depends on a number of factors, the key one being the assessed value of the property as determined by BC Assessment, a provincial assessment authority. This is a value set as of July 1 each year and is meant to reflect the market value as of that date. Citizens may appeal their assessment if they think it is too high. Municipalities then determine the rate of property tax to be levied based on this assessed value. Included in the annual tax notice are school and other taxes which are set by the school district and other bodies. When considering a particular property, ask what the current property tax amount is - this information is usually readily available.

You may wish to visit the Victoria Real Estate Board site where you will find a number of information articles concerning buying real estate in B.C. You will also be able to search for properties that meet your criteria In terms of price range and location.