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Recent content by kridarts

  1. K

    Penalty for being a non-resident investor?

    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...
  2. K

    Penalty for being a non-resident investor?

    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...
  3. K

    Penalty for being a non-resident investor?

    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...
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