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Canada


Why Invest?

Canada is the second largest country in the world, covering the entire northern part of the North American continent except for Alaska (the provinces of British Columbia and Ontario are each four times as large as Great Britain).

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Market Report

Our forecast is that in the next year the Canadian market will rise by about 8% and in the long term we expect prices to rise at a steady 6% for the next five years.

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Economic Overview

Canada is one of the world's wealthiest nations, a member of the Organisation for Economic Co-operation and Development (OECD) and Group of Eight (G8). Canada is a free market economy with slightly more government intervention than the United States, but much less than most European nations.

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Visa/Residency Issues

The Skilled Worker Visa for Canada is the most popular way of applying for migration to Canada. The Canada Skilled Worker Visa points selection system requires a pass mark of 67 out of 100 points and is assessed on six main factors including age, education, work experience, language ability and adaptability.

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Getting to Canada

Approximate flight time from London to Toronto is 7 hours 15 minutes. There are a number of general aviation airports in and around the city, including Buttonville Municipal Airport, Markham Airport, Oshawa Airport, Brampton Airport, and Burlington Airport.

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Fees & Taxes

  • The proposed personal tax breaks include an immediate $500 increase to the basic personal amount of income all Canadians can earn without paying federal income, a reduction of the lowest personal income tax rate from 16 per cent to 15 per cent effective January 1st 2005, and an increase of the income level at which the top tax rate begins to apply starting in 2010.
  • An increase in the money value of a capital asset such as a share, bond, parcel of land, antique or other asset, which results in a profit if the asset is sold. If a share is bought at $26 and sold at $30, there is a capital gain of $4.
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  Canada Overview

Canada

Canada Flag


Basic Information

Population 32,534,684 (2006)
Languages Canada has two official languages, English and French
Area 3,855,103 sq mi
Currency Canadian dollar (CAD)
Dialing Code

+1 

Emergency Services 911


Canada Overview

Canada is the world's second-largest country by total area, occupying most of northern North America. Extending from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, Canada shares land borders with the United States to the northwest and south.

Average Property Prices

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Buying Process

  • If you are a foreign national thinking about investing in the real estate market in Canada here is a typical buying process you should expect to meet together with a general description of mortgages available to help with the purchase.
  • It's important to know that from the outset the entire process surrounding the buying and selling of real estate in Canada is a regulated process. This means the process should follow the basic format. Title insurance is becoming more popular in Canada with many lenders demanding it and many lawyers advising real estate buyers purchase it.
  • However, if you are thinking about buying real estate in Canada for savings purpose, as a retirement home or for vacations you should talk about your own personal need for title insurance with the lawyer which we will arrange for you to look after your interests all through the purchase process.
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