Many skiers dream of buying and owning a ski property in Canada; but there are many considerations particularly if you live in Europe. Getting expert advice on tax and legalities is the best way to anticipate the hurdles.
Below are some tips on how to make your search for a Canadian ski property a smooth process and suggestions on where to get the advice you need.
Take a look at our guide to mortgages in Canada if you want to finance your purchase with a mortgage.
Who Handles the Legal Side of Purchase?
A real estate agent along with a property lawyer normally acts on behalf of the buyers and sellers – our guide to buying ski property in Canada explains this further. You might also want to instruct an independent lawyer to advise on purchase and ownership matters.
How Will You Deal With Currency Matters?
Banks rarely offer the best currency exchange rate, and you may save £000s by using a currency broker who specialises in sending money abroad. Our currency guide explains where to get help with your currency needs, both for the purchase and the recurring costs of owning a property.
As the Owner of a Ski Property
Do You Want to Generate Rental Income?
You may need advice on the rentals laws and tax obligations as well as somebody to help with renting it out.
Is Your Ski Property Adequately Insured?
Don’t assume insurance works the same way as in your home country. Talk to a local insurance broker to work out what you need.
Who Looks After My Ski Property When I'm Not There?
It can pay dividends to get help from a local property management company so there are no nasty surprises when you next visit.
How Do I Sell My Ski Property?
Selling a property in Canada can seem as much of a minefield as buying one. Use our directory of agents to find one in your area to help you with your ski property sale and read our guide to selling a ski property.
Fill in the form below if you would like more help with any of the above (*indicates required) and we will get in touch with you.