Jeff van de Bennet's blog
Lethbridge... The Sunshine City That Has Something For Everyone
Lethbridge, AB, is a hidden gem in Sunny Southern, AB. Canada
that offers an abundance of reasons why people should consider moving there.
From a thriving economy to a robust cultural scene,
Lethbridge has everything you need to start a new chapter in your life.
Below are five reasons why you should move to Lethbridge.
Anti-Flipping Tax
On January 1st 2023, there were two new pieces of legislation put into law.
The Anti-Flipping Tax on Residential Home Purchases.
Homeowners will be forced to keep their homes for a minimum of 12 MONTHS if they wish to use the primary residence tax exemption.
Prohibition on Purchase of Residential Property by Non-Canadians Act
Prohibition on Residential Property Purchases by non-Canadians for 2 YEARS. There is a potential $10,000 fine for any non-Canadian or anyone who assists in violating this Act.