9 Reasons to Buy There are many reasons why you should consider jumping into the real estate market and buying a home. Below is a list of 9 reasons why you should seriously consider it. 1. To Quit Renting Why contribute to someones mortgage payments when you could be paying off your own? With the… Read more »
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Selling
When a non-resident sells Canadian real estate, he/she is required to pay the appropriate amount of taxes on any capital gain. The normal Canadian tax rates will be applied to 50% of the gain. However, a non-resident is required to pay an estimate of the tax before the sale, an amount equal to 25% of… Read more »
Buying
The bottom line is that buying real estate in Canada is very easy. From a residency point of view, if you plan to stay in Canada for 6 months or less each year, the government considers you a non-resident, which means that you can still open a bank account and buy property, etc. If you… Read more »
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