Not a Resident of Canada? Want to buy a property? We can help. We specialise in providing mortgage funds for non-residents to buy properties in Canada. We understand that it’s not easy for a non-resident to obtain mortgage financing.
Here are some of the questions we are asked from foreign buyers.
Can I buy property in Canada as a non-resident?
The answer is yes. Non-Canadians or non-permanent residents can buy a property in Canada however they must pay a 15% tax and in addition must pay a land transfer tax on closing.
Can a non-resident get a mortgage to purchase a house in Canada?
The answer is Yes. Non-residents can get a mortgage with a minimum of 35% down payment.
For information on how you could obtain a Non-Resident Mortgage please contact one of our agents of fill in the application.