Apex

Twin Lakes

Kaleden

East Skaha

Vaseux
A place to prosper

Okanagan Falls has more to offer than beautiful surroundings and an appealing climate. With only a short drive to the ports of Vancouver and the US border, we offer convenient transportation options and access to North American and global markets. When combined with the low operating costs typical in the region and access to advanced technological and civil infrastructure, a base in Okanagan Falls is more than a viable alternative, it is a strategic advantage. Investors can count on the support of the local government and the Economic Development office to pave the way.

  Business

Opportunities
Ideal Climate
Fertile Land
Industry
Local Services
Infrastructure
Prime Location
Skilled Workforce
Attractive Economics
 		Attractive Economics

 Business costs less in Okanagan Falls and area. From labour costs to property and business taxes, the region boasts rates that are substantially less than provincial averages. Business owners find the costs associated with a rural location extremely competitive.
  • Property tax rates in the area are lower than the rates found in Kelowna or Abbotsford.
2009 Real Property Tax Rates per $1000 of Assessed Property (Land/Buildings)
MUNICIPALITY Abbotsford Kelowna Penticton
Business Rate 20.039980 17.061900 15.541700
Light Industry Rate 20.341190 17.605900 13.985000
Major Industry Rate 9.779200 24.435200 16.769300
Residential Rate 11.355110 6.504500 6.363600
  • Provincial corporate income taxes in British Columbia are on par with rates offered in neighbouring Alberta. The rates are less for small businesses and slightly higher for large and manufacturing operations.
  • Costs for commercial development in the area average $166/m2*.
    (*Rates given for Penticton and area by Ministry of Community Development in 2008.)
 

Links

• Invest BC
• RDOS
• Community Futures
• South Okanagan Chamber of Commerce
• Interior Savings Credit Union



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