Properties

Investing in Property in Canada

Canada allows foreigners to buy and own property within the country. As a form of passive investment, this provision presents a lucrative opportunity to prospecting investors. Those interested in property investment can choose from various properties, including a residential condo or a detached single-family home. Others can acquire land to develop it in diverse ways, engage a variety of commercial uses, or even employ mixed-use.

However, non-resident investors have to remain aware that two metropolitan Canadian cities that have historically attracted many foreign investors have instituted speculation and vacancy taxes for foreigners, which cost 15% to 20% based on the business' locality. Encouragingly, there are provisions for exemptions to these taxes. These provisions allow those who ultimately apply for immigration to request refunds.

With leading real estate and immigration experts, our firm offers exceptional services to those interested in undertaking related investments. While one might consider using real estate agents, it is worth noting that most of them do not understand many immigration issues, making them unable to guide buyers effectively. Clients who partner with our organization receive the services of experts in these areas. Notably, our firm also has strategic partnerships with CPA firms to advise non-resident clients on tax matters.