Canada
Capital: Ottawa
Language: English, French
Currency: Canadian dollar
Religion: Christian
Time zone: (UTC-3.5 to -8) - Summer (DST) (UTC-2.5 to -7)
Getting there: Scheduled airlines.
Buying guide
Buying real estate in Canada is very easy.
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 plan to live in Canada for more than 6 months per year, you must apply for immigrant status.
Property Transfer (or Purchase) Tax / Land Transfer Fees are between 0.5-2% (not applicable in Alberta, rural Nova Scotia or Saskatchewan). They are generally 1% of the first $200,000 of the value and 2% of the remainder.
Clearance Certificate, the typical fees range from $300-$1000, depending on the complexity of the transaction.
Lawyer's Fees approximately $500-$800. This amount varies between Provinces.
Home Inspection Fee is usually around $150-$400.
Capital Gains Tax is not applicable on your principal residence.
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