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New surcharge for foreign buyers of Victorian residential property

A zero.5% land tax surcharge is also proposed to use to land owned by absentee house owners from 1 July 2016. as the amending regulation has not been offered into Parliament yet, no additional important points are to be had. Clayton Utz communications are supposed to …
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international funding curbs merit Australian investors: Karl Fiztgerald

Over the weekend the Andrews executive announced a tax on international investment in Victorian real property. This includes a three% Stamp accountability surcharge and a zero.5% Land Tax top class. On prime of the $ 5,000 overseas funding price introduced through the Federal …
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Queensland ALP treasurer ideas out new taxes on overseas buyers

The Victorian state price range, printed on Tuesday, incorporated a 3 per cent stamp responsibility surcharge for homes from July and land tax will increase of 0.5 per cent from 2016 for offshore-based investors. it’s expected to boost about $ 330 million for the state's …
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From in every single place the sector folks trip to visit this pretty city, but the fortunate ones are people who are dwelling in Victoria! This spectacular small city used to be dependent in 1843 with the aid of James Douglas as a Hudson’s Bay firm citadel, and continues to possess a powerful British flavour and customized “Little England” is one of many nicknames Victoria enjoys.

some other moniker that Victorians cling pricey is backyard city it appears everyone here tries to enhance their environment with lavish decorative landscaping, together with householders, companies and public residences. the outcome is astonishingly gorgeous!

All this horticultural indulgence is conceivable as a result of the temperate climate that Victoria enjoys, the delicate, damp winters and dry sunny summer season months permit for extra weeks of gardening than some other region in Canada. The people just like the weather too!

positioned on the southern tip of Vancouver Island, Victoria is simple to succeed in by way of air into Victoria global Airport, via BC Ferries into Swartz Bay, or from the united states by using ferry from Anacortes or Port Angeles, or sail the Victoria Clipper from Seattle. For a more excellent arrival which you can fly right into the inside harbour by way of drift aircraft.

whether you are interested in dwelling the town existence or in a quiet regional with regards to the downtown core, you will find what you might be searching for inside Victoria. Neighborhoods embody:

· Downtown

· Rock Bay

· Burnside

· Mayfair

· Hillside

· valuable Park

· Oaklands

· Fernwood

· Jubilee

· Rockland

· Fairfield, and

· James Bay.

Housing in Victoria tiers from flats and condominiums (including pretty heritage building conversions which are coveted by means of many), to multi family and single family residences. there’s a plethora of heritage houses, many of which were renovated and updated whereas preserving their historic appeal.

residing in Victoria way easy access to the entire amenities that this gorgeous city has to provide:

· The Royal BC Museum and Maritime Museum of BC are glorious to talk over with over and over.

· Beacon Hill Park is beautiful for a picnic that you may seize a live performance at the Cameron Bandshell on a summer time evening, or set the kids loose within the waterpark on a sizzling day.

· The picturesque inside Harbour, over which the Legislative constructions and historical Empress resort preside, is not just for tourists many events are held here each and every yr that residents enjoy, for example:

o Canada Day Celebrations and Fireworks
o Symphony Splash, the most important annual outdoor symphony event in Canada
o Victoria Dragon Boat competition, three days of races, multicultural entertainment and extra, additionally the
o Victoria traditional Boat competition and classic Rowing Regatta
· The Royal and McPherson Theatres, showcasing a spread of world type performances, in addition to

· superb shopping and very good dining alternatives (there are benefits to living in a tourism oriented metropolis!).

On a more sensible notice, Victoria has its personal police drive (dependent in 1858 – the oldest police department west of the good Lakes), and fireplace division. the town provides weekly garbage pickup and recyclable pickup is offered with the aid of the Capital Regional District (CRD).

Victoria has persistently ranked extremely in customer polls as one of the perfect places to visit, so it follows that it’s a really perfect situation to are living as well! the beautiful climate, charming neo-British ambiance, up to date facilities and friendly individuals make contributions to the desirability of residing in Victoria.

Geoff McLean is a realtor in Victoria BC who techniques his real estate vocation with honesty, integrity and straightforwardness.

Geoff is also the principle creator of a weblog about his house city. dwelling in Victoria is a treasured supply of information about the greater Victoria house for many who are excited by shifting to this gorgeous metropolis.


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