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Institute of intellectual property studies



Tax planning tips for canadian residents buying property in us

In view relevant of the provisions which include the US CanadaUS tax treaty of 1995 Canadian residents not those who fit US resident criteria buying property in the US must do their tax planning accordinglyUS income tax estate tax and various other laws treat foreign nationals on different footings depending on whether they have a US resident or nonresident status US laws lay down certain criteria to ascertain residentnonresident status A citizen of Canada is subjected to two tests to determine hisher residence status for tax purposes One if he holds a US green card he is treated as a lawful permanent US resident His presence absence in the US is not considered AndTwo If he had a substantial presence in the US he is treated as a US resident This means being present in the US for 183 days in the preceding three years in the following manner If he has been present in the US for at least thirty days during the current calendar year If the sum of the number of his US days in...
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Investment property purchasing and financing

Over the last few years relatively weak stock markets compared to the late 90s along with continued global economic uncertainty have changed the way many Canadians are investing their hard earned dollars More and more Canadians are venturing into the rental property market some swayed by the real estate appreciation that weve seen in recent years Others want to add real estate to their investment mix to better diversify their investment portfoliosCondos and MultiUnitsApproximately 25 per cent of the condominium units built in Canada will be used as rental apartments Additional investment is occurring in multiunit residential properties such as duplexes triplexes and fourplexes as well as singlefamily detached housing Canadians are looking to have the rent from these investments at least cover their costs and over the long term gain a reasonable return on their investmentConsider Your Mortgage and Financing Needs CarefullyInvestors who consider adding real estate assets are often confused a...
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Purchasing property in mexico faqs

Does the Mexican government own my land if I purchase land in MexicoDue to recent trade agreements made between the United States Canada and Mexico called the North American Free Trade Agreement NAFTA and bank trusts called Fideicomiso foreigners are allowed to purchase land in Mexico American Title companies are also involved in the purchasing process allowing for secure transactionsWhat is the North American Free Trade AgreementIn 1994 North American Free Trade Agreement NAFTA between the United States Canada and Mexico was formed as the worlds largest free trade area allowing for purchasing land safely in Mexico The agreement allows for economic growth and rising standards of living in these three countries while establishing a strong foundation for future growth and setting an example of the benefits of trade liberalizationToday nearly 15 million Americans own property in Mexico As a foreigner the buyer can obtain all the rights of ownership by setting up a bank trust si...
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Investing in property in toronto canada

Toronto is one of Canadas booming property regions with most of the property experts believing that either Calgary or Toronto are likely to be the fastest growing property hot spots in the country During the last 25 years the Toronto property market has had both peaks and troughs One of the greatest peaks in 1989 caused a cooling off between the peak to 1996 when the property market then regained its strength and continued to grow upwards to its current position In 2005 the average house price was a full 23 percent higher than in 1989When considering the property market in Toronto it is worth remembering that it encompasses Oakville Mississauga Brampton York and Durham as well as Toronto itself New property sales are particularly buoyant in Toronto with 40 percent of the sales in 2005 being of new build property The average sale price of these properties last year was 330000House prices are quite high in Toronto but this is primarily due to the types of properties available The vast...
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Property in canada guide to buying property in canada

In the 21st century the property market in Canada the Great White North is dominated by people looking to purchase vacation properties and by investors looking to capitalize on the growth that is being experienced in some of the larger cities within the country What is important to keep in mind is that the vast majority of the citizens of Canada actually live within one hundred miles of the Canadian and US border As a result the hot markets for property with the exception of some holiday and vacation properties located further north tend to be along the one hundred mile band near the Canadian and US borderlineWith all of this noted there are some different opportunities available to a foreign national who is interested in making an investment in Canadian property either for personal commercial or investment purposesInvestment Property in CanadaAs mentioned previously the vast majority of the population of the nation of Canada is situated in a one hundred mile radius from the...
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Spanish property 2008 to buy or not to buy an independent surveyors view

Buyer bargains in SpainEvery cloud has a silver lining and a market downturn means that property price reductions are now clearly evident throughout Valencia and Spain as a whole While this makes little difference to people moving within Spain sell for less buy for less it is advantageous to buyers with cash in the bank even when it is in Sterling as available discounts often outweigh recent exchange rate changes Those buying through a mortgage may find that the banks are now far less optimistic with their valuations and more stringent with their lending policy very evident since the new year though lower prices mean lower overall commitment and help to soften any rate increases If you are knocked back by one bank it is certainly worth trying others or contact a mortgage broker for a wider look at whats available It is currently evident that buyers from different countries are behaving very differentlyWhile many Brits are uncertain of what to do following exchange rate changes and med...
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The ultimate whistler experience canada

Located about 120 km north of Vancouver in Canada is Whistler a charming fourseason resort which is nestled at the base of two majestic mountains Whistler and Blackcomb Whistler has been consistently rated among the top tourist destinations in North America With its unparalleled landscape comprising amazing valleys scintillating waterfalls sparkling lakes more than 5000 ft soaring mountain peaks magnificent glaciers over 200 trails and more than 30 lifts no wonder why people flock to Whistler throughout the yearSometimes Whistler is acknowledged as a yearround playground since it provides opportunities for a continuum of summer as well as winter activities such as golf rafting and flightseeing Further Whistler is considered a much sought after destination for skiing with a variety of tracked trails to choose from such as the Lost Lake Trails During the summer the destination is simply amazing with options to enjoy a range of recreational as well as adventure activities Of the Wh...
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