(778) 668-9320 scott.dawson@verico.ca

The BC First-Time New Home Buyers’ Bonus Forms and Guides are now available from the Ministry of Finance website.

The two forms FIN 520 Application for the BC First-Time New Home Buyers’ Bonus [PDF Download Link] and FIN 520A Schedule A – Certification BC First-Time New Home Buyers’ Bonus [PDF Download Link] as well as instructions how to complete the application for the BC First-Time New Home Buyers’ Bonus are available on the Ministry of Finance Website.

Purchasers will qualify as a first-time new home buyer if:

  • You purchase or build an eligible new home located in B.C.
  • You, or for couples, you and your spouse or common law partner, have never previously owned a primary residence
  • You file a 2011 B.C. resident personal income tax return, or if you move to B.C. after December 31, 2011, you file a 2012 B.C. resident personal income tax return (you will not be eligible for the bonus if you move to B.C. after December 31, 2012)
  • You are eligible for the B.C. HST New Housing Rebate
  • You intend to live in the home as your primary residence
  • For further info visit: www.fin.gov.bc.ca or call; 1-877-387-3332.

    Full information on the B.C. Home Buyers Bonus is below:
    2012 First Time Home Buyers Fact Sheet