Tuesday, October 23, 2012

I Want To Invest In Real Estate As An Ex-Pat Canadian

by Heather
(Saudi Arabia)

Hello,
I'm from Nova Scotia, Canada but live and work in Saudi Arabia as an English teacher. I make a very good income but can't put money into Canadian banks lest I be charged ridiculous amounts of tax on my 'world income'.

However, apparently, I can have as many income properties as I wish (as can any foreigner). So this is a route I'd like to look into further, as soon as possible.

Any advice you can give me regarding how much down payment I would need, what kind of mortagage institution I would deal with etc. would be more than appreciated. I find it very difficult to get straight answers on the rules of being an ex-pat Canadian.

Thank you,
Sincerely,
Heather

Source: http://www.therealestaterenegades.com/i-want-to-invest-in-real-estate-as-an-expat-canadian.html

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