Meghan is a writer, digital marketer, estate agent and avid traveller who moved to Canada from Australia more years ago than she cares to remember! Meghan is passionate about helping people create their ideal lifestyles wherever they like in the world and she is thrilled to have the opportunity to share her passion and knowledge. Recently Meghan acquired her estate agent license and she’s able to bring a fresh perspective to the property buying business with plenty of insider knowledge. She also recently had a baby in Canada, and so brings a well-rounded perspective of Canadian childcare, health and family life, as well as property.
We have just come to the end of the spring buying season, typically the busiest season for real estate across most markets in Canada. With housing affordability a major issue in many parts of Canada, it was a very interesting spring indeed for prices. So what is happening in the property market in Canada as we enter the quieter summer period?
If you’re planning to relocate to Canada, you’ll want an understanding of the Canadian tax system to ensure you are compliant with local tax laws. In Canada, taxes are set by the federal and provincial government and are collected by the Canadian Revenue Agency (CRA). The types of taxes you may need to be aware of as an expat or retiree in Canada are income tax, government sales tax (GST), provincial sales tax (PST), and property transfer tax (PTT) if you are buying real estate in Canada.
There is nothing worse than being ill-informed about taxes and winding up with a tax bill much larger than expected! As a resident or non-resident in Australia you will likely need to pay income tax, and possibly capital gains tax and taxes for any businesses you run.
Making repeated viewing trips can be unnecessarily costly, both in money and time – so planning ahead and knowing what to look for is crucial. Here are our top tips for a successful viewing trip abroad.
Many expats and retirees are drawn to the untamed surroundings of North Africa, which fuses fascinating cultures, ancient civilisations and remarkable wilderness. Plus it’s all just a short hop across the Mediterranean from Europe.