Unknown Facts About Canadian Real Estate News Made Known
De Wikifliping
Real estate agents, Canadian citizens and foreign investors interested in the Canadian property market are in agreement - as Canada becomes a more desirable area to live year on year so property investment in Canada becomes a more attractive prospect year on year.
Furthermore, because property in Canada is high-quality, plentiful, incredibly affordable and easy to purchase, real-estate in Canada is nice value through the board.
If you may need more proof, consider comparing what you can still buy for your real-estate dollar in Canada to what you can currently purchase in the UK, the united states, France or Spain for example.
You are going to quickly realise that the strong Canadian dollar (CAD) has not damaged the real estate market in Canada within the slightest. Actually, Ontario as the Canadian economy strengthens and many more people move to the country, the demand for property shall continue to rise which in turn will push up the value of the property investment.
And also you simply still get more in Canada than you may elsewhere because property in Canada is less expensive overall - land is less expensive, the price of living will be lower, the standard of living is high...
This all accumulates to the fact that non Canadian resident buyers are most likely to be within an enviable position in terms of investing in real-estate, chances are they can afford a far excellent quality purchase that they may 'back home' and they don't have to become resident to buy in Canada should they don't want to.
Add the very fact that overcrowding is never going to be a problem in Canada as you'll find 30 million people sharing 38 million square miles of land, as well as the fact that Canada has a wealth of diverse property available in many stunning locations country-wide to fuel the imagination and satisfy the desires of even the toughest to please purchaser, and you definitely will quickly realise why Canada remains such an attractive prospect for so many people.
Through remaining non resident you may benefit further from the property market - you should not have to go through the rigmarole of trying to get immigration acceptance, and yet you can still benefit from all Canada has to offer for up to six months of on a yearly basis - you are even free to open a Canadian bank account, buy an automobile or land there for example.
Alternatively, you can join the ranks of foreigners choosing to emigrate to Canada such as the 3.3 million Brits that have chosen to make Canada home permanently already. Canada is in fact the third most popular place to emigrate to from the UK as well as more as well as more British citizens are being drawn to this land of opportunity, space and freedom.
Therefore as Canada becomes more attractive as a destination of choice, property there will be more popular which in turn will allow real estate prices to continue to rise making any property investment a good bet!
Whether you are considering property in Canada from a non resident, investment stand point, with a view to letting it out before cashing within your investment in X number of years, or you're thinking about purchasing a second home within an enviable location - or you'd like to go the entire hog and up sticks and emigrate to Canada, you will find the buying process a relatively easy and hassle free affair that may only add much more value.
Bureaucratically speaking the whole purchase process is often a great deal less tricky than 'back home' - particularly if you come from red tape rich Europe - and it takes a fraction of the period to complete the property sale process in Canada than in certain other countries where escrow periods are applied to real-estate purchases.
