Thursday, December 12, 2013

What are requirements to buy house in Toronto, Canada?

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amit minha


Hey, I am planning to move from USA to Canada.
1) s getting a bank loan easier in Canada?
2) I am US Citizen. Do I need to Canadian to buy a house?
3) Average price range of house , I can get for 1 or 2 bedrooms set in Toronto area?

Please advice. Thank you so much.



Answer
You can't just move to Canada. It has immigration laws.

Americans can visit Canada for a maximum of 180 days each year without a visa. They may apply for a temporary residency (tourists) visa for a maximum of two years. Tourists may not attend school, work, or look for work while in Canada, nor can they obtain driver's licenses, social insurance numbers, health insurance, open bank accounts, etc. All entry into Canada is at the discretion of Canadian Border Services. If you state you are staying for a long period of time, you'll need a good explanation of what you are doing in Canada, proof of finances, travel medical insurance, etc.

If you wish to study or work temporarily in Canada, you would need a study permit (required you apply, be accepted, and pay for university... likely $40,000+ per year) or a work permit (which required a job offer from a Canadian company which has permission to hire foreign workers). Both are temporary... ending when your program or job offer expires to a maximum of two to three years on a work permit.

If you wish to stay permanently in Canada, you must apply for permanent residency. This requires specific requirements such as: marrying a Canadian willing to sponsor you; a highly skilled job offer (doctor, engineer, nurse, specialized trades, etc.) and then complete for one of 10,000 positions based on age, education, language testing, etc.; have a net worth of $1.6M and invest $800k in Canada; complete certain university degree in Canada and then find work in that profession; or obtain the nomination of one of the provinces (doctor willing to work in a remote community, buy/run a farm in some provinces, world class performing artist, etc.).

Until you sort out your immigration issues... this is rather pointless.

1. No bank will give you a loan. US banks won't give you a mortgage on a property outside of the United States and no Canadian bank will give a mortgage to anyone without lawful residency in Canada -- and probably not any temporary student or work permit holder.

2. A lot of money.

3. You can use the MLS web site to search for homes for sale anywhere in Canada. Home prices vary dramatically. However, even the smaller starter home in Greater Toronto will be well in excess of $400,000 with averages in the $600,000 or so.

What paint colors go best with charcoal gray bedding?




walkeral81


I found a really nice charcoal gray bedding set on sale. I love the color...but just realized I really don't know what wall color would go best with it? Any suggestions?


Answer
Any color..Grey is a neutral ...For the bedroom I would suggest staying away from bold colors though. I would find an item or an area rug and use that to work off of.

For instance http://slimages.macys.com/is/image/MCY/products/3/optimized/675493_fpx.tif?bgc=255,255,255&wid=327&qlt=90,0&layer=comp&op_sharpen=0&resMode=bicub&op_usm=0.7,1.0,0.5,0&fmt=jpeg

http://slimages.macys.com/is/image/MCY/products/6/optimized/709616_fpx.tif?bgc=255,255,255&wid=327&qlt=90,0&layer=comp&op_sharpen=0&resMode=bicub&op_usm=0.7,1.0,0.5,0&fmt=jpeg

http://www.decor-medley.com/image-files/area-rugs-trans-ocean-ravella-collection-disco-driftwood-rug.jpg

Getting the rug will dictate your choice and tell you what color to pull for the wall, window and accessories.




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