The Underused Housing Tax (UHT) Act is the Government of Canada’s way to find out who owns property in Canada, and track usage.
For non-residents the UHT applies to all types of ownership. Therefore, each non-resident owner must file an annual UHT return. The UHT ACT requires a non-resident owner who has their property title in their personal name to use the property for 28 days, and if that happens there’s no UHT on the property. The UHT is 1% of the value of the property.
The non-resident owner of Whistler property can legally use their Phase 1 rental property for 28 days while maximizing nightly revenue. For more information, read the page written for Non-Residents: Underused Housing Tax.
Next Steps
If you think I would be a good fit to work with you and your family, and you are not already working with a Whistler realtor, please contact me. My name is Marion Anderson, and I help non-residents buy real estate in Whistler.
Marion Anderson Personal Real Estate Corporation
Sutton Group – West Coast Realty, Whistler
marion@marionanderson.com (604) 938-3885