Farming and ranching have a long history in British Columbia beginning in the early periods with indigenous people who lived off the land growing various crops. The arrival of Europeans in North America brought with them various new crops that adapted well to the new land. Today British Columbia Farmers grow a variety of berries, field vegetables, grains, grapes, mushrooms, and a variety of tree fruits. Many areas in British Columbia also have large vineyards producing wine grapes. There are over 900 vineyards and 350 wineries spread across British Columbia. In the early 1900s, irrigation found its way to British Columbia and opened up a whole new type of farming for the province. This led to a boom in the production of fruit and vegetable crops.
Ranching in British Columbia had its beginnings similar to Alaska and the Western part of the United States due to the Gold Rush. Ranchers were responsible for supplying much of the beef that was consumed by the miners and the towns that sprung up around mines. British Columbia remains a sparsely populated province with large ranches still being found throughout.
British Columbia farms and ranches not only raise beef but also raise a variety of poultry such as ducks, chickens, geese, and turkeys as well as pigs, bison, sheep, and elk. In British Columbia, there are numerous breeds of cattle that are preferred, with Angus being one of the more prominent as well as Charolais and Hereford cattle.
In recent years with the growth and popularity of big game hunting, many ranchers have turned to hunting to supplement their income. The province of British Columbia has some of the largest hunting territories in North America; some covering thousands of square miles. Ranches provide various types of big game to hunt including stone sheep, mountain goat, bighorn sheep, dall sheep, grizzly bears, mountain lions, elk, and moose. Often ranches that sell include big game guiding territories. Something to be aware of when considering purchasing a ranch that includes an outfitting business or guide territory is the guide outfitting business license must be held by a Canadian citizen.
Another aspect that has impacted real estate in British Columbia is the increasing popularity of recreational sports. British Columbia has tremendous sporting opportunities such as:
Considering purchasing that dream farm, ranch, or sporting property in British Columbia? The following provides information on subjects to be aware of when you begin your search.
While foreigners are able to purchase farms and ranches in British Columbia, there are rules and regulations they should be aware of. Buyers of property maybe subject to an additional 20% transfer tax on the fair market value. The tax is applicable to foreign corporations as well as foreign nationals and taxable trustees.
There are several laws that govern the buying, selling, and leasing of real estate in British Columbia.
When considering purchasing a farm, ranch or hunting property in British Columbia, engaging a qualified farm and ranch broker can save you time and prevent costly mistakes. Some of the benefits of engaging with a farm and ranch broker include:
Expertise and knowledge: Ranch brokers have specialized knowledge and expertise in the rural and agricultural real estate market. They understand the unique needs and challenges of buying or selling a ranch property, and can provide valuable advice and guidance throughout the process.
Ranch Marketers can assist with buying and selling of farms, ranch, and recreational property in British Columbia through our network of brokers as well as our affiliation with Sports Afield Trophy Properties. Contact Ranch Marketers for more information.