July 2009 - The Canadian market of real estate started coming to life - Crisis hands over positions

In June, 2009 of year the volume of transactions with new real estate grew to level of two-year prescription when crisis approximations yet it wasn't felt. In comparison with June of last year of sale of new houses and apartments grew by 16 percent. The considerable part of this gain is reached at the expense of sales of own houses and townhouses on suburbs of Big Toronto. However sales of new condominiums fell to 9 percent. It is curious that in the first months of the current year of sale of housing were up to standard approximately one third below than the last year's. Thus, the main demand fell on the first half of summer - time when the housing market usually calms down owing to the low activity connected with holidays and summer holiday. It means that many buyers hurry to invest in real estate, for the present there didn't come new economic recovery. The decision of Bank of Canada on keeping an interest rate at former level in a quarter of percent means that time favorable for purchase will remain for the foreseeable period though, certainly, any capital investment is interfaced to big or smaller risk. 

Situation 1

Question: I am the citizen of the Russian Federation, I live in Moscow, I want to buy real estate in Canada, I don't intend to receive the PERMANENT RESIDENCE in Canada. Me interests, whether I (or to receive) will be able to receive the visa to Canada for trips (short-term). I heard that Canadians give visas for 90 days in a year for country visit. What conditions or tests are to count, without going to embassy of Canada on interview, possibility of obtaining the temporary visa?

Answer:  At Canada (and also at the USA, Great Britain, Australia) other kitchen, not such, as in the countries of continental Europe.  Canadians to the right and on the left don't distribute tourist visas.  And real estate into consideration don't take. 

Question: To my acquaintance refused the visa without explanation though he has a house in Canada, it turns out that it can't even go for a week to have a rest. That is the result can be known only after interview in embassy of Canada?

Answer: Obtaining the temporary visa to Canada not necessarily means interview. In some cases the vizitersky visa open without interview.

Situation 2

Question: Prompt if to buy, please, in real estate in Canada (there are 200-250 thousand dollars), whether gives it any opportunities on receiving the PERMANENT RESIDENCE to Canada. Purchase of commercial real estate (the apartment for leasing) means. What options of fast and legal departure to Canada in this case, the guaranteed receipt of a visa to Canada?

Answer: In advance to count, will give or not the visa to Canada - it is impossible. It is necessary to know that neither Canada, nor Australia have no unlike, say, Spain with Bulgaria, special type of visas to owners of real estate. The standard tourist visa to Canada is a visa the visitor for 90 days. But it is an entrance corridor, instead of stay term. 7 or 15 or 30 days and so on can give term of stay. For receiving the PERMANENT RESIDENCE in Canada there are the separate programs which in any way haven't been connected with purchase of real estate: professional immigration, business immigration, immigration on category the investor and other categories of immigration.