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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 »

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 »

CALGARY REALTOR, BFA, CERTIFIED CONDOMINIUM SPECIALIST When I become your realtor, you become my priority. From our initial meeting to our final handshake, I am committed to providing you with personable and knowledgeable service. I know the Calgary real estate markets and all the communities in the area. This is where I live, work, and… Read more »