Investing in Canadian Properties as a Non-Resident

[Fidel Mercado Gonzalez]

Hello everyone,

I’m currently exploring opportunities to invest in real estate in Canada, specifically in the Osoyoos, BC area. As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.

I’d love to hear your advice or experiences regarding:

• Strategies to manage the high initial costs and foreign buyers’ taxes.

• How to assess the viability of investing in resort properties, such as those in Watermark Beach Resort.

• Any tips for navigating financing as a non-resident or alternatives like seller financing.

If you’ve been through a similar situation or have insights into the Canadian market, I’d greatly appreciate your input!

Thank you!