Foreign investment is on the rise in most Canadian cities, considering foreign investors constitute 25 per cent of luxury properties purchased in Canada – the Vancouver market alone is made up of two thirds of foreign buyers. With more and more foreign investors expected to enter the Canadian market, it is important for foreign buyers …
Canada has done a great job at welcoming and accommodating foreign investors, evident by the fact that foreign investment is increasing at a very rapid pace. Although the country doesn’t impose any restrictions on foreign investors with respect to purchasing investment properties, there are some notable exceptions related to tax, mortgages, and legal requirements. Foreign …
The Canadian real estate market has witnessed a rise in Vancouver and Toronto, stagnation in Alberta; with the rest of the country somewhere in-between, experiencing little to zero growth in the price of homes. The overall national sales activity for 2016 has thus increased, evident by the 6.1 per cent increase in sales, after an …