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Old Sep 3rd 2004 | 12:58 pm
  #1  
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Question buying property in canada

Hello I am new to this forum. Me and the wife are looking to move to canada we have the finances available to buy a property outright. But their is a couple of questions that I would like answered beforehand

1) Is their any resrtictions on non Canadians buying property or land in canada
2) How long can I stay in canada when visiting from the UK and after I leave how long before I can come back.
3) If I buy a farm in canada and it fails can I then enter the employment market.
 
Old Sep 3rd 2004 | 1:29 pm
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Default Re: buying property in canada

Welcome Tamhay.

At the risk of being rude please search the archive. Short answers are

1. No, no problem.
2. 6 months at first, but its discressionary and if anyone knows the rules they arent telling.
3.Dont know, but probably not a problem.

Hopefully Tiaribbon will see this thread and fill in the detail, they are doing just this thing.

Cheers

Iain
 
Old Sep 3rd 2004 | 3:25 pm
  #3  
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Default Re: buying property in canada

There is no restrictions on non canadians buying a property here. On how long you can stay here, it depends on the immigration officer at the port of entry, your british passport allows you to stay for 6 months, but like I said, depends on the officer.

Buying a home:

http://www.cmhc-schl.gc.ca/en/bureho/buho/index.cfm








Originally Posted by tamhay
Hello I am new to this forum. Me and the wife are looking to move to canada we have the finances available to buy a property outright. But their is a couple of questions that I would like answered beforehand

1) Is their any resrtictions on non Canadians buying property or land in canada
2) How long can I stay in canada when visiting from the UK and after I leave how long before I can come back.
3) If I buy a farm in canada and it fails can I then enter the employment market.
 
Old Sep 3rd 2004 | 9:18 pm
  #4  
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Default Re: buying property in canada

Originally Posted by tamhay
Hello I am new to this forum. Me and the wife are looking to move to canada we have the finances available to buy a property outright. But their is a couple of questions that I would like answered beforehand

1) Is their any resrtictions on non Canadians buying property or land in canada
2) How long can I stay in canada when visiting from the UK and after I leave how long before I can come back.
3) If I buy a farm in canada and it fails can I then enter the employment market.
Hi there,

We bought a farm back in February and it was absolutely plain sailing, no problems whatsoever. We are (hopefully) at the tail end of our Immigration now and are hoping for PR around about Christmas time.

You can stay in Canada for the usual 6 months at a time, however if you are going in on the Business Immigration I think they give you a grace period in order to A: find a farm and B: start making alterations or convertions as necessary. You are still not allowed to work or take in any money from your farm but you are allowed to refence, erect buildings etc. We haven't gone down this route but I know some people on here have.

If you go in on the Self-employed category the only stipulation is that you buy a farm. If it fails then you can move straight into the employment market. Immigration keep no tabs on you once you have landed in Canada and you will have the same rights as any other PR in respects to working.

Good luck, it's easy. Do remember though that if you buy a farm and are not resident in Canada then you will need to get someone to care for the land and you may find insuring it takes a little while. We didn't have any problems with insurance as we took cover out with the same company as the farmer whom we are leasing the land to, as he is on the property every day.

We honestly haven't looked back and are so pleased with our beautiful farm. Just dying to get out there as soon as possible. The only reason we have held back is because we are taking my daughter's pony (VERY spendy) and we don't want to end up in a situation that we have to exit Canada for even a short time and the pony will have to remain, but if it wasn't for her coming I think we would have taken our chances this summer and just waited for our (imminent?) PR in Canada.

Best of luck,
Tia
 
Old Sep 4th 2004 | 1:27 am
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Default Re: buying property in canada

Originally Posted by iaink
Welcome Tamhay.

At the risk of being rude please search the archive. Short answers are

1. No, no problem.
2. 6 months at first, but its discressionary and if anyone knows the rules they arent telling.
3.Dont know, but probably not a problem.

Hopefully Tiaribbon will see this thread and fill in the detail, they are doing just this thing.

Cheers

Iain
Iain just a note, I know you answered there questions but it was there first post and may not even know how to search this site effieciently. I know there are alot of people that are too lazy to search, but newbies may need some hand holding
 
Old Sep 4th 2004 | 2:25 am
  #6  
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Default Re: buying property in canada

Well said, imagine having a boss like that at work :scared:




Originally Posted by Siren
Iain just a note, I know you answered there questions but it was there first post and may not even know how to search this site effieciently. I know there are alot of people that are too lazy to search, but newbies may need some hand holding
 
Old Sep 4th 2004 | 2:48 am
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Default Re: buying property in canada

Thanks for the excellent reply, we are going over in October to have another look around, this will be the second time. Hopefully we will find something this time round. I will try and use the search facillity next time as someone mentioned.

Tam






Originally Posted by Tiaribbon
Hi there,


We bought a farm back in February and it was absolutely plain sailing, no problems whatsoever. We are (hopefully) at the tail end of our Immigration now and are hoping for PR around about Christmas time.

You can stay in Canada for the usual 6 months at a time, however if you are going in on the Business Immigration I think they give you a grace period in order to A: find a farm and B: start making alterations or convertions as necessary. You are still not allowed to work or take in any money from your farm but you are allowed to refence, erect buildings etc. We haven't gone down this route but I know some people on here have.

If you go in on the Self-employed category the only stipulation is that you buy a farm. If it fails then you can move straight into the employment market. Immigration keep no tabs on you once you have landed in Canada and you will have the same rights as any other PR in respects to working.

Good luck, it's easy. Do remember though that if you buy a farm and are not resident in Canada then you will need to get someone to care for the land and you may find insuring it takes a little while. We didn't have any problems with insurance as we took cover out with the same company as the farmer whom we are leasing the land to, as he is on the property every day.

We honestly haven't looked back and are so pleased with our beautiful farm. Just dying to get out there as soon as possible. The only reason we have held back is because we are taking my daughter's pony (VERY spendy) and we don't want to end up in a situation that we have to exit Canada for even a short time and the pony will have to remain, but if it wasn't for her coming I think we would have taken our chances this summer and just waited for our (imminent?) PR in Canada.

Best of luck,
Tia
 
Old Sep 4th 2004 | 7:03 am
  #8  
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Default Re: buying property in canada

Originally Posted by squarepants
Well said, imagine having a boss like that at work :scared:
Imagine having you as an employee

I did say welcome, and I hope no-one took offence.
 
Old Sep 4th 2004 | 7:08 am
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Default Re: buying property in canada

Squire.....someone obviously did, that is why they commented about it, you don't want to be scaring new members away eh.




Originally Posted by iaink
Imagine having you as an employee

I did say welcome, and I hope no-one took offence.
 
Old Sep 4th 2004 | 7:45 am
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Default Re: buying property in canada

Originally Posted by squarepants
Squire.....someone obviously did, that is why they commented about it, you don't want to be scaring new members away eh.
Sorry, I'm not perfect like you mick Just trying to draw the OPs attention to the search feature and the many great answers already in the archive, while avoiding going into great detail on visiting visas for the third time this week.

Sorry for any offence caused. To anyone. Incluing you.
 
Old Sep 4th 2004 | 8:15 am
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Default Re: buying property in canada

anyone know the housing market in montreal at the moment, better to rent now and buy in 6months or what?

how's canada's housing market in general anyway?
 
Old Sep 4th 2004 | 8:19 am
  #12  
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Default Re: buying property in canada

It's always good to rent at first, get to know the areas, and find the one that suits you, than just taking the plunge straight away. Montreal is a great city, and contrary to what people say, they do speak english in most places, and the restaurants have both menus.

Here is a place to throw you question, you might even find your answer there:

http://www.newhomesreviews.com/phpBB/index.php

I have learnt a lot from it, and it's helped us a lot. Now how about some karma points




Originally Posted by ksct97
anyone know the housing market in montreal at the moment, better to rent now and buy in 6months or what?

how's canada's housing market in general anyway?
 
Old Sep 4th 2004 | 8:25 am
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Default Re: buying property in canada

Originally Posted by squarepants
It's always good to rent at first, get to know the areas, and find the one that suits you, than just taking the plunge straight away. Montreal is a great city, and contrary to what people say, they do speak english in most places, and the restaurants have both menus.

Here is a place to throw you question, you might even find your answer there:

http://www.newhomesreviews.com/phpBB/index.php

I have learnt a lot from it, and it's helped us a lot. Now how about some karma points
thanks for that... we were intending to rent for 6months at least when we arrive and then think about buying, but if the property market is in a depression, might have been a good time to buy now!

anyway, would most definitely give you karma for that excellent post, but alas i've been too generous and given out too much in the last 24hrs... i'm afraid you must wait for a karma hit!
 
Old Sep 4th 2004 | 8:29 am
  #14  
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Default Re: buying property in canada




Originally Posted by ksct97
thanks for that... we were intending to rent for 6months at least when we arrive and then think about buying, but if the property market is in a depression, might have been a good time to buy now!

anyway, would most definitely give you karma for that excellent post, but alas i've been too generous and given out too much in the last 24hrs... i'm afraid you must wait for a karma hit!
 
Old Sep 4th 2004 | 8:33 am
  #15  
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Default Re: buying property in canada

Originally Posted by squarepants
i too am a karma junkie, so hit me with some if you're obliging!
 


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