Canada’s Real Estate Market in 2016

It might be blooming in Canada’s oil and gas sector but the real estate market in Canada seems unaffected. According to Toronto Real Estate Board (TREB) prediction, the prices of house in Canada are expected to rise by 10% and this is one of the biggest factors that will be affecting the Canada’s real estate market in 2016 as well.

TREB claims that the condition of real estate market in 2016 should be considered by many of the investors who are thinking about making an investment into Canada’s real estate market. Currently, the oil prices are at its low and many of the workers have been laid off as the Canadian oil and gas production companies are witnessing a downhill slide. But still the energy and real estate sector in Canada is in good shape. Though the real estate market in British Columbia is soaring following the rising prices in Vancouver. Even people living in Vancouver are moving out of the city following the rising real estate cost. Accordingly, it has become more affordable for new home buyers as the mortgage rates are increasing. As long as the real estate market is high, demand for rental homes across the country will also remain high. Those who own a house in Canada seems to welcome more of foreign investment as their property is valued high.

As a sigh of relief for the people, the federal government in Canada has increased the minimum insurable down payment required to mortgage a home over $500,000. Currently, we can see that even the wealthy people are also making investment in the real estate sector. A recent provincial budget included a property transfer tax exemption for new home buyers for the homes that are priced upto $750,000. Tax exemption will come as an advantage to certain provinces where the demand for housing is much low and also for the home builders.

Basically, the prediction for the Canadian real estate market in 2016 comes as boost for investors who are looking to make a real estate investment.

Different options related to Investment Visa for USA

Many Indian investors, businessmen or entrepreneurs are looking to have access into the US market and so USA has come forward with different business immigration programs. But for very few visas only the Indian entrepreneurs and businessmen are eligible:

B1 visa – applicant who wishes to conduct a due diligence, business meetings, meeting potential employees etc. in the USA then they can opt for the B1 visa. B1 visa holders can’t manage or operate their business in the USA and if they wish to they need to change their status into E-2, E-1, L-1 or EB-5 Status.

L-1 visa – if you own a well-established business in India and willing to expand it in the USA then L-1 visa is suitable which enables the applicant to open a business in the USA. After one year of securing a L-1 visa the applicant can apply for a green card.

EB-5 visa – under the EB-5 visa, the applicant needs to make a minimum investment of $500,000 and which enables the applicant with the spouse and children below 21 years to migrate to USA securing a conditional green card for two years. This business visa program also requires the applicant to create 10 new jobs in the USA during the stay as conditional green card holder. As per the EB-5 visa, the applicant can live, work, study and retire anywhere in the USA and also enjoy all the merits of an USA citizen. After 5 years, the applicant secures a USA citizenship.

Whether you are expanding or establishing a business in the USA or making an investment you need to have a perfect business plan. The choice of which visa is suitable need to be taken based on the type of business, industrial sector, investment plans and long term goals.