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The BC First-Time New Home Buyers’ Bonus was introduced February 21st, 2012 and is a one-time refundable personal income tax credit worth up to $10,000 for qualifying individuals.

In this video Tony Spagnuolo a BC Real Estate Lawyer answers some of the frequently asked questions about this program.

If you have more questions about the First-Time New Home Buyers Program you can contact Tony Spagnuolo through his website.