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Buying in British Columbia
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Buying Real Estate in British Columbia is VERY easy!! From a residency point of view, if you plan to stay in Canada for 6 months or fewer each year, the Canadian government considers you a non-resident, which means that you can still open a bank account and buy property, and so on. If you plan to live in Canada for more than 6 months per year, you must apply for Immigrant Status. http://www.cic.gc.ca/english/immigrate/index.asp British Columbia is one of the Canadian provinces that have no restrictions on foreign ownership of real estate in Canada, which provides non-residents the ability to own land in this beautiful province with ease. MORE INFORMATION: Non-Residents, Canada Customs and Revenue Agency http://www.cra-arc.gc.ca/tx/nnrsdnts/ndvdls/nnrs-eng.html
Tax Treaties, Canada Customs and Revenue Agency http://www.cra-arc.gc.ca/tx/nnrsdnts/trty-eng.html |
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