foreign investors real estate Canada Archives - Focusing on real estate

Real estate resources for your review, reading and study as the case may be.

When you involve China, things get complicated

Here is an interesting read on a lawyer who is under investigation with respect to BC real estate transactions and Chinese investors. It’s a bit complicated, but it’s worth a read. B.C. Law Society takes over part of Richmond real estate lawyer’s practice. There is a lot going on here, but here is one of the… read more »

Canadian banks’ mortgage guidelines favour foreign home buyers

A recent report in the Globe & Mail highlights the lending practices with respect to foreign buyers of Canadian real estate. Reading this article is very disturbing. It claims that there is an unwritten bias towards high net worth foreigners who can qualify for mortgages that Canadians would not qualify for. The underwriting guidelines are… read more »

Crackdown on real estate cheats

B.C. urges federal government crackdown on real estate tax cheats Here is an article in the Globe & Mail discussing the Province of British Columbia’s  (B.C.) request to the federal government that it crack down on speculation in residential housing. I have referred to this in an earlier post where those who speculate are, for… read more »

The Chinese speak out on the Vancouver home tax

As expected, the Chinese have spoken up on the 15% tax imposed on foreigners purchasing real estate in Vancouver: Chinese Envoy Challenges Vancouver Home Tax as Fallout Spreads. Here ar the Consul General’s comments: “Why a 15 percent tax? Why now? Why this rate? What’s the purpose? Will it work?” Liu Fei, China’s consul general in… read more »

China gets stricter on the movement of capital outside the country

Picking up on the Motley Fool article, here is additional press on China clamping down on the movement of foreign capital. It would seem that this may be only the beginning of China regulating the outflow of capital more tightly. China, Fighting Money Exodus, Squeezes Business Chinese officials are trying anew to slow a money… read more »

The Motley fool has a look at the Vancouver real estate market

The Motley Fool that well-known investment advisory letter, has a look at the Vancouver real estate market. We all have heard that market as being referred to as a real estate bubble. The bubble has yet to burst. But the question that’s now on everyone’s mind, is are we getting there now that the province… read more »