QUOTE (Nicola @ May 25 2009, 06:00 PM) You could also try HSBC. In the past they have given 75% mortgages to non-residents.
Thanks very much Nicola for your input.
You are completely right and that is what we have been doing so far.
However, they have tightened their policies to a maximum of...
QUOTE (thomasbeyer2000 @ May 25 2009, 05:28 PM) Two thoughts here:
You can open a corporation .. with you as the class A voting share holder and the director .. and the non-resident funds as class A or class B non-voting (preferred) shares or shareholder loan. Then the company owns the asset...
Currently, my Dutch business partner and myself are investing in condo`s in BC and we have bigger plans coming up.
The banks however, have changed their policy and maxed the mortgages for non-residents to 65%.
Anyone out there that has experience or expertise with the legal aspects in order to...