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Updated 17 days ago, 12/07/2024
Investing in Canadian Properties as a Non-Resident
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!