BUYING A HOUSE IN CANADA WHILE ON STUDY PERMIT OR OTHER TEMPORARY PERMIT

[camani]

BUYING A HOUSE IN CANADA WHILE ON STUDY PERMIT OR OTHER TEMPORARY PERMIT , WHATS THE DISADVANTAGE , RISK . BEFORE HAVING PR

Senior pls help my father is willing to buy for me over there but House will be register on my Name

 

[PMM]

Hi

BUYING A HOUSE IN CANADA WHILE ON STUDY PERMIT OR OTHER TEMPORARY PERMIT , WHATS THE DISADVANTAGE , RISK . BEFORE HAVING PR

Senior pls help my father is willing to buy for me over there but House will be register on my Name

1. If you leave Canada, and then try to sell it or sell while outside Canada, there is tax implications. see: http://www.cra-arc.gc.ca/tx/nnrsdnts/cmmn/dsp/menu-eng.html#nrcp