"THERE ARE CERTAIN LEGAL AND ACCOUNTING ISSUES THAT ARISE WHEN A NON RESIDENT OF CANADA ACQUIRES OR SELLS PROPERTY IN CANADA.”
Spagnuolo & Co Real Estate Lawyers have done a fabulous job of explaining how easy it is for non-residents of Canada to purchase a property and the what is needed from the Canada Revenue Agency during ownership as well as when a non-resident of Canada sells a property. They have also explained “Who is a Non-Resident”.
Check out the article here.
Two other VERY IMPORTANT things to do while you are in Canada: open a Canadian Bank account and visit your lawyer to get them to Certify your Identification!!
We hope this is of help. For further information or answers to any questions, you can email Spagnuolo & Co direct at firstname.lastname@example.org.
Please remember that while they try to keep their website up to date as much as possible, please do not rely upon the information without talking to one of their lawyers.E&OE. The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult a lawyer for individual advice regarding your own situation.
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Please let them know you read their fabulous article on my website!
And as always, please do not hesitate to call or email me with any questions or comments. Denise@RealWhistlerLiving.com and 1 604 935 2013.