When a non-resident sells Canadian real estate, he/she is required to pay the appropriate amount of taxes on any capital gain. The normal Canadian tax rates will be applied to 50% of the gain. However, a non-resident is required to pay an estimate of the tax before the sale, an amount equal to 25% of… Read more »
Search Results for: 5
Buying
The bottom line is that buying real estate in Canada is very easy. From a residency point of view, if you plan to stay in Canada for 6 months or less each year, the government considers you a non-resident, which means that you can still open a bank account and buy property, etc. If you… Read more »
Featured Listings
Home
Welcome to my Website! Welcome to my website, which has been created to make purchasing and selling a home easier and more effective. For buyers: whether you are an experienced or a first time buyer, use this site for valuable information and to do searches or to be set up on a search. Receive customized… Read more »
Recent Comments