The Vancouver Bubble Real Estate Market in Canada is being treated by the administration, including by way of dew…
The Vancouver bubble real estate market in Canada is being treated by the government, among other things by imposing an extreme purchase tax on foreign investors. And solid, you can invest in properties that appeal to quality tenants, the tax on rental income for foreigners is around 2001% up to an annual net income of C $ 22 (actual investment with small financing and use of depreciation and deduction of all expenses, can prevent investor from paying tax in Canada) The Canadian versus the shekel is around 45,000 NIS, I remember when the exchange rate was 2.8 NIS, in case there are strong price declines, it is worth considering investing in this position, this is one of the markets we follow in the hope of operating there in the future.
Max Levitt
On the one hand you say that if there are strong declines you are considering investing there, on the other hand you put an article that shows why not to invest there because the tax increases from 15 to 20 percent. I believe that each case is individual and you should put the numbers in Excel before making a decision. But thanks for sharing?