Foreign Investors

Deciding to invest in Canadian real estate is a big moment. After all, this is a considerable financial move that if performed carelessly, could cost you big time. As a non-resident of Canada, the process is not complicated but there may be some issues regarding eligibility you should be aware of.

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Have you recently decided to invest in Canadian real estate? It’s completely understandable if you have. After all, Canada is one of the most stable real estate markets in the world. Despite the global recession, Canadian home prices have increased 5% every year since 2000, according to a report released by Re-Max. Plus, it’s generally a nice place to live with cities like Toronto, Calgary, Vancouver, and Montreal frequently landing spots on the world’s nicest cities lists. But as a foreign investor, you have some unique concerns when it comes to landing a mortgage and figuring out the finer points of home financing.

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Buying real estate in Canada is an exciting process. Of course, you should have a clear idea of the process before you even think about taking out a mortgage. And as a foreign investor, you need to have an even clearer view of what to expect to avoid any potential pitfalls.

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