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NIHO Questions

How can I make an offer on a NIHO Property?

Our sales personnel will be happy to assist you in making your offer. Contact our office by phoning (604) 606-7900 or via e-mail to [email protected]. Please note that all property sales are on a first come, first served basis. We require a formal written offer to purchase the property, and our acceptance, before we will remove the property from the market for you. Should your first offer be rejected, our sales personnel will be able to provide you with assistance in creating a new offer which may be more acceptable.

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Foreign ownership

Please note that the following is meant as a guideline only, and is not meant to represent legal advice. In purchasing any property, NIHO strongly advises seeking advice from a notary public or lawyer. 

What taxation is payable when a non-resident purchases land?

There is a Property Transfer Tax, or a PTT, which both Canadian residents and non-residents have to pay. This is payable when the sale transaction is registered at a Land Title office.

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Does NIHO offer financing for its properties?

Financing for real estate deals can be obtained through your bank or credit union. NIHO does offer limited financing for select properties only – click here for more details.

Sometimes the banks or trust companies will not finance certain properties, such as recreational or developable land. In that case, private individuals and specializing mortgage companies may be able to help you.

Do you have any other questions related to financing?

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