UHT

Do non-residents pay UHT on a quarter-share?

I own a quarter-share in Whistler, do I pay Underused Housing Tax (UHT)? Yes! The quarter-share property has one freehold title, which is divided into four shares termed sub-leases. The non-resident owner of each quarter-share must use the property for 28 days to avoid paying a penalty.

Now this is where it gets interesting. Should one of the owners buy out one or more of the other three sub-lease owners in the same title or deed, the UHT requirement for that person stays at 28 days. For example, 101 A, B,C, and D, the owner of Unit 101 A and B is now the same non-resident. But, only 28 days of usage is required not 2 x 28.

Do non-resident Canadians pay UHT?

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Do non-resident Canadian citizens pay Underused Housing Tax (UHT) on their Whistler property? Well, regardless of where you live in the world and how long you’ve lived there for UHT purposes you’ll be recognized as a Canadian citizen, rather than a non-resident. Therefore, you are exempt from the UHT penalty.

However, in order to qualify for the status you need to have your personal name on the title. You cannot be a Canadian citizen who owns the property in a company name, and expect the same relief.

What is UHT for non-residents?

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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.