Buying property in canada

Dec 9th 2001, 1:55 pm

Guest

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Hi, I'm a green card holder here in the US. Do you think its possible to buy a house
in canada? What are the requirements? Anybody has experience on this? Im interested
in the Toronto area.

any comments appreciated. thanks - lb

Dec 9th 2001, 2:10 pm

Â©Ee

Guest

Posts: n/a

You can buy it but you cannot stay in it unless you get a "Landed Immigrant" status,
iow, be accepted as an immigrant in Canada.
--
Reminder: Dogs and books are man's best friends...

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Dec 9th 2001, 4:29 pm

Shelley

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As a Green Card holder, you would be able to stay in house in Canada, as long it was
less than 180 days a year - to stay longer could cause the loss of your Green Card as
well as violating Canadian Immigration Law. Take Care. Shelley

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[usenetquote2]> > Hi, I'm a green card holder here in the US. Do you think its possible to buy a[/usenetquote2]
[usenetquote2]> > house in canada? What are the requirements? Anybody has experience on this? Im[/usenetquote2]
[usenetquote2]> > interested in the Toronto area.[/usenetquote2]
[usenetquote2]> >[/usenetquote2]
[usenetquote2]> > any comments appreciated. thanks - lb[/usenetquote2]
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Dec 10th 2001, 5:05 am

James Metcalfe

Guest

Posts: n/a

You can buy anything you want in Canada as long as you have the money for
it. Do not expect to get a mortgage and expect to pay non resident land transfer tax
in Ontario.

Jim Metcalfe , Consultant

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