THE B.
C.
FIRST TIME NEW HOME BUYERS’ BONUS 1
Requirements to Qualify
for the Bonus
ELIGIBLE FIRST TIME
NE W HOME BUYER
You 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...
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THE B.
C.
FIRST TIME NEW HOME BUYERS’ BONUS 1
Requirements to Qualify
for the Bonus
ELIGIBLE FIRST TIME
NE W HOME BUYER
You 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; and
» You intend to live in the home
as your primary residence.
ELIGIBLE NE W HOME
An eligible new home includes new homes (i.
e.
,
newly constructed and substantially renovated
homes) that are purchased from a builder and
that are owner-built.
The bonus will be available
in respect of new homes purchased from a
builder where:
» A
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